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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber increased its position and contracted its futures price fell slightly

    Shanghai rubber increased its position and contracted its futures price fell slightly

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Friday, the main 1905 contract of Shanghai rubber increased its position and contracted, and the futures price fell
    slightly.
    The price closed at 11245 yuan / ton, down 0.
    09% from the previous trading day, increasing positions by 6748 lots and trading 270154 lots
    .

    Shanghai rubber

    News: 1.
    In 2018, U.
    S.
    auto tire sales may increase by 2.
    7%.

    2.
    Triangle Tire invested 1.
    8 billion yuan to expand passenger tire production capacity
    .

    In terms of spot: the 17-year quotation of state-owned whole milk (Yunxiang) in the Shanghai market was 10500 (0) yuan / ton; Vietnam 3L quotation 10250 (-50) yuan / ton; Thailand No.
    3 tobacco flakes 11850 (0) yuan/ton; Yunnan 17 years full latex 10300 (-50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 38.
    12 (+0.
    07) baht/kg; Tai San Tobacco Tablets 40.
    47 (-0.
    18) THB/kg; Field glue 36.
    5 (0) baht/kg; Cup glue 32.
    5 (0) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11900 (0) yuan / ton; The market price of cis-butadiene rubber is 12000 (0) yuan / ton
    .
    On December 6, there was no significant improvement in the enthusiasm of the market offer in Qingdao Free Trade Zone, no significant improvement in the enthusiasm for inquiry, and the difference between the acceptable prices of buyers and sellers was huge, resulting in the transaction still remaining sluggish, the transaction price of US dollar rubber remained stable, and the transaction price of RMB rubber remained stable
    .

    Although the domestic natural rubber production areas have entered a period of reduction as a whole, the main producing areas of Southeast Asian rubber have entered the peak season of rubber tapping, and this year's global production of sky rubber will still maintain a growth momentum, and the future supply pressure is still large
    .

    Downstream, the seasonal sales of tire factories tend to be better, and the increase in export tax rebates of tire products is beneficial to the tire industry, but the sales of domestic heavy trucks are not optimistic
    .
    However, the depreciation of the exchange rate pushes up the cost of imported rubber and thus affects the import increment, superimposed on the price of Shanghai rubber close to the domestic rubber tapping cost line, Shanghai rubber 1905 contract short-term recommended to trade
    in the 10900-11500 range.

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