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On Thursday, the main 1709 contract of Shanghai rubber increased its position and contracted, extending its decline, and the price closed at 17040 yuan / ton on the same day, down 2.
29% from the previous trading day, increasing its position by 5620 lots and trading 347410 lots
.
In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 15700 (0) yuan / ton; Vietnam 3L quotation 16200-16300 (0/0) yuan/ton; 15 years Thailand No.
3 tobacco tablets 16600-16900 (-700/-400) yuan/ton; RMB mixed rubber 16100 (-600) yuan / ton
.
Thai Hat Yai raw material market raw film 70.
39 (-0.
94) baht/kg; Tai San tobacco tablets 72.
39 (-1.
2) baht/kg; Field glue 71 (-1) baht/kg; Cup gum 59 (-1.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 17000 (-400) yuan / ton; The market price of cis-butadiene rubber is 19000 (-400) yuan / ton
.
News: 1.
As of March 17, 2017, rubber stocks in Qingdao Free Trade Zone increased by 12.
5% to 187,000 tons
.
2.
The import of natural rubber in the United States in January increased slightly by 0.
6%
year-on-year.
At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in February 2017, the domestic heavy-duty truck market sold a total of about 88,000 vehicles of various types, a significant increase of 152% over the same period last year, but an increase of 6%
month-on-month.
It set a record high for sales in the heavy-duty truck market in February, but heavy-duty truck sales fell short of expectations
.
From the perspective of circulation, as of March 17, 2017, rubber stocks in Qingdao Free Trade Zone increased by 12.
5% to 187,000 tons, an increase of 20,000 tons
from the previous month.
The price of synthetic rubber is weakened
.
The Shanghai rubber 1709 contract focuses on support around 16200 in the short term, and it is recommended to trade
in the 16200-17800 range.