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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures prices closed up, and the volatility was treated with more ideas

    Shanghai rubber futures prices closed up, and the volatility was treated with more ideas

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Wednesday, Shanghai rubber RU2105 reduced its position increment, and the futures price closed higher
    .
    The current price closed at 15320, +1.
    09% from the previous trading day; Volume 676923 lots, position volume 172033 lots, -3285, basis -770; RU5-9 spread -165
    .
    The NR2105 contract closed at 12200, +3.
    13% from the previous session; Volume 40664 lots, position volume 38888 lots, +1716; NR05-06 spread -95
    .

    Shanghai rubber

    News: 1.
    Vietnam Rubber Industry Group supplies nearly 323,600 tons
    of natural rubber to the market.
    2.
    The temperature in the upper reaches of Thailand is as high as 40 degrees Celsius
    .
    3.
    Haohua Tire Sri Lanka factory construction project will be implemented
    .

    Market quotation: Shanghai market 19-year state-owned full latex reported 14550 (+100) yuan / ton, Vietnam 3L reported 13950 (+150) yuan / ton, Thailand No.
    3 tobacco film reported 20700 (+100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1810 (-10) US dollars / ton, Qingdao market STR20 March cargo reported 1800 (-20) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 65 (+0) baht/kg; Cup glue 44.
    7 (+0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 14400 (+0) yuan / ton; The market price of cis-butadiene rubber is 13400 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 170780 tons, - 30 tons; NR warehouse receipt 60219 tons, - 10 tons
    .

    Main positions: RU2105 top 20 long positions 78266, -266; short positions 115749, -2189; long and short with reduction, net space decreased
    .

    Summary: On the supply side, in the reduction of global production, supply has gradually entered the low stage of the year, and the price of raw materials in Thailand has continued to rise
    .
    The domestic Yunnan production area is close to the cutting period, the current phenological conditions are normal, it is expected to be able to open normally in the second half of the year, but the supply of raw materials in the early stage of cutting is small, and it will still face concentrated milk diversion, and it is expected that warehouse receipts will be difficult to increase
    significantly.
    From a downstream point of view, the current tire start has quickly returned to the normal level, and as the company's raw material inventory is gradually digested, the procurement demand for raw materials is gradually increasing
    .
    On the market, the RU2105 contract reduced its position and rebounded, the NR2105 contract increased its position to the upside, and the medium line recommended to be more volatile
    .

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