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Market situation: Shanghai rubber futures price closed higher, RU1905 increased position, futures price closed up
.
The day closed at 12770, +2.
12% from the previous trading day; 439864 volume; Position 339854, +9642, basis -670, -120, Ru5-September spread -265, +5
.
News: 1.
In January 2019, Thailand exported 410,000 tons of natural rubber and mixed rubber, both down
year-on-year.
In February and January, China's imports of tianjiao shrank
sharply.
3.
North American tire companies began to raise prices
.
Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 12100 (+150) yuan / ton; Vietnam 3L quotation 11700 (+100) yuan / ton; Thai No.
3 tobacco tablets 13750 (+150) yuan/ton; Yunnan 17 years full latex 11900 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 46.
06 (+0.
6) baht/kg; Tai San Tobacco Tablets 49.
05 (+0.
05) THB/kg; field glue 45.
7 (+0.
5) baht/kg; Cup glue 39 (+0.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11700 (0) yuan / ton; The market price of cis-butadiene rubber is 11900 (0) yuan / ton
.
Warehouse receipt inventory: warehouse receipt 419830 tons, -50, still at a high level
.
Main positions: Top 20 long positions 86759, +2436, short positions 109991, +599
.
The bulls increased their holdings more and the headroom decreased
.
At present, the domestic natural rubber production areas have entered the suspension period, and the Southeast Asian production areas have also stopped cutting
.
The rubber export reduction plan of the three countries of India, Malaysia and Thailand has boosted the Shanghai rubber market, but the actual effect remains to be seen
.
After the holiday, tire factories resumed work one after another, and the operating rate gradually recovered
.
Although China's rubber imports fell year-on-year in January, from the perspective of inventory, exchange inventories and stocks outside the bonded zone continued to increase, and the supply pressure was still obvious
.