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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber increased its position upward and downstream demand was acceptable

    Shanghai rubber increased its position upward and downstream demand was acceptable

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai rubber market increased its position to the upside
    .
    The main 1609 contract of Shanghai rubber closed at 11150 yuan / ton, up 2.
    11%, increasing its position by 13188 lots, and trading 661248 lots
    .

    Shanghai rubber

    Spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10400-10450 (-100/-50) yuan / ton; Vietnam's 3L quotation is at 10600 (-100) yuan / ton; 15 years Thailand No.
    3 smoke 12200 (-50) yuan / ton; RMB mixed rubber 9800 (-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 53.
    99 (0.
    1) baht/kg; Tai San tobacco tablets 55.
    55 (-0.
    14) baht/kg; Field glue 49 (0.
    5) baht/kg; Cup glue 39 (0.
    5) baht/kg
    .

    News: 1.
    Malaysia's new car sales fell 13%
    in May.
    2.
    China is about to establish the world's fourth largest tire company
    .

    Inventories in Qingdao Free Trade Zone fell, and heavy-duty truck sales continued to grow sharply year-on-year in May, indicating that downstream demand was performing well
    .
    With the successive opening of domestic rubber production areas, the supply of raw materials began to increase, and the price of glue fell, but the absolute price of Shanghai rubber is currently low, and there is still strong support
    at the 10,000 yuan mark.
    Shanghai rubber 1609 contract broke through the 11000 line, short-term focus on 11200 pressure, it is recommended to trade
    in the 10900-11200 range.

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