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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber increased its position and closed up in intraday volatility

    Shanghai rubber increased its position and closed up in intraday volatility

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Domestic market: On Monday, the main 1709 contract of Shanghai rubber increased its position, and the shock closed higher, and the price closed at 14905 yuan / ton, up 0.
    30% from the previous trading day, increasing its position by 5260 lots, and trading 752662 lots
    .

    Shanghai rubber

    News: 1.
    China Customs: China's natural and synthetic rubber imports in March 2017 were 700,000 tons
    .
    In February and February, U.
    S.
    tire imports from China fell by more than 20%
    year-on-year.

    Spot: Shanghai natural rubber market 15 years of state-owned full latex quotation at 13800 (+150) yuan / ton; Vietnam 3L quotation 14700 (+200) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 14700-15000 (+50/+350) yuan/ton; RMB mixed rubber 13500-13700 (-400) yuan / ton
    .
    Thai Hat Yai raw material market raw film 69.
    02 (0) baht/kg; Tai San tobacco tablets 74.
    75 (0) baht/kg; Field glue 68 (0) baht/kg; Cup glue 55 (0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12500 (+0) yuan / ton; The market price of cis-butadiene rubber is 14400 (+200) yuan / ton
    .

    At present, the operating rate of semi-steel tires and all-steel tires in domestic tire factories are lower than the same period last year, and the tires of downstream enterprises are affected by environmental protection inspections, resulting in a decline in operation, which has reduced the demand
    for downstream tires.
    In March 2017, the domestic heavy-duty truck market sold a total of 106,000 vehicles of various types, a significant increase of 42% over the same period last year, but an increase of 23%
    month-on-month.
    Heavy-duty truck sales in March hit a new high in nearly six years, but demand fell short of expectations
    .

    From the perspective of circulation, as of March 31, 2017, the total rubber inventory of Qingdao Bonded Bureau increased by 5.
    83% compared with March 15, 2017 to 197,900 tons, an increase of 07,300 tons from the previous month, and the overall inventory was at a high level; Coupled with Thailand's 107,000 tonnes of inventory, there were no corporate bids and Yunnan was fully cut after the Songkran festival, and the supply further increased
    .
    In addition, the price of synthetic rubber is discounted to the price of Shanghai rubber, which has formed a certain drag
    on it.
    The Shanghai rubber 1709 contract focuses on the pressure around 15500 in the short term, and it is recommended to trade
    in the 14400-15500 range.

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