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On Tuesday, the Shanghai rubber market increased its position to the upside
.
The main 1609 contract of Shanghai rubber closed at 11720 yuan / ton, up 2.
63% from the previous trading day, increasing its position by 22896 lots, and trading 649868 lots
.
In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10,700 (+200) yuan / ton; Vietnam's 3L quotation is 10700-10800 (+100/+100) yuan / ton, Thailand's No.
3 tobacco film is reported at 11200-11300 (0/+100) yuan / ton, and the RMB mixed transaction is 10000-10150 (+200/+150) yuan / ton
.
Thai Hat Yai raw material market raw film 49.
23 (+0.
4) baht/kg; Tai San tobacco tablets 53.
36 (+0.
48) baht/kg; field glue 53.
5 (+1) baht/kg; Cup glue 42 (+0.
5) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10550 yuan / ton (+50), cis-butadiene rubber market price 10250 yuan / ton (0).
News: Heavy trucks in January and March rose 106%
month-on-month.
2.
In February 2016, tire production in Japan decreased by 5.
4%
y/y.
Thailand's government procurement of tobacco chips and Indonesia's storage and storage pushed up the price of overseas raw materials, while inventory in Qingdao Free Trade Zone is still declining, the operating rate of downstream tire factories has continued to rise, and manufacturers have accelerated stocking
.
In addition, affected by the tight supply of butadiene, the quotation of synthetic rubber continued to rise, which had a certain effect
on natural rubber.
Shanghai rubber 1609 contract strongly broke the early resistance of the 11500 line, short-term or continue to challenge the 12000 line, the early long position continues to hold, pay attention to risk control
.