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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures prices closed slightly lower, and demand still has no bright spots

    Shanghai rubber futures prices closed slightly lower, and demand still has no bright spots

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: RU2001 increased and contracted, and the price of Shanghai rubber futures closed slightly lower
    .
    The day closed at 11375, -0.
    39% from the previous trading day; Volume 220910, position 294392, +2144, basis -1075, +0, Ru9-January spread -1005, +15
    .
    NR2002 opened low and volatile, and the futures price closed slightly lower, closing at 9875 on the day, -0.
    3% from the previous trading day; Volume 10154, position 22704, -342; basis -591, -116
    .

    Shanghai rubber

    News: 1.
    According to Longzhong Information, the start of semi-steel tires this week was 57.
    67%, down 8.
    88% month-on-month and 8.
    83% year-on-year; All-steel tires started 46.
    47% this week, down 23.
    22% month-on-month and 20.
    53%
    year-on-year.
    2.
    Heavy truck sales increased by 76,000 units, and Chinese customers increased by 87%.

    3.
    Vietnam's rubber exports increased steadily in the first 7 months of 2019
    .

    Market quotation: the quotation of state-owned whole milk (Yunxiang) in the Shanghai market for 17 years is 10300 (+0) yuan / ton; Vietnam's 3L quotation is 10750 (-50) yuan / ton; Thailand No.
    3 tobacco tablets 12750 (+0) yuan/ton; Yunnan 18 years full latex 10550 (+0) yuan / ton
    .
    The purchase price of natural rubber fresh glue and dry rubber of Hainan State-owned Rubber Processing Plant rose to 10,000 yuan / ton
    .
    Thai Hat Yai raw material market raw film 39.
    05 (-0.
    15) baht/kg; Tai San tobacco tablets 41.
    51 (+0.
    22) baht/kg; field glue 39.
    2 (+0) baht/kg; Cup glue 32 (+0) baht/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1310 (-10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1315 (-15) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1315 (-15) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10600 (+0) yuan / ton; The market price of cis-butadiene rubber is 10700 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 415280 tons, +50 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 long positions 66700, -32; short positions 99842, +932
    .
    Reduce more and increase the short, and increase the headroom
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, and the supply is gradually increasing
    .
    Vietnam's exports have increased significantly, and although stocks outside the bonded zone have continued to decline recently, inventories will still recover
    as imported goods arrive in Hong Kong despite the relaxation of customs regulations on mixed rubber.
    At the same time, the September contract is about to enter the delivery month, and the pressure of warehouse receipts will still suppress
    the futures price.
    On the demand side, Shandong Dongying and Weifang areas due to typhoons and heavy rain, factories were forced to shut down for maintenance, the overall start of the formation of a bearish, it is expected that after a week of repair, manufacturers will recover the rise, but the current domestic tire consumption is in the off-season, demand is still no bright
    spots.
    Overall, the global natural rubber market is still facing a fundamental pattern
    of oversupply.

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