echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber main contract to increase positions recommended range trading

    Shanghai rubber main contract to increase positions recommended range trading

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Wednesday, the main 1809 contract of Shanghai rubber increased its position, and the futures price closed slightly higher
    .
    The price closed at 11605 yuan / ton, up 0.
    48%, increasing the position by 3972 lots, and the transaction was 512218 lots
    .

    Shanghai rubber

    News: 1.
    In the first quarter, China's imports of tianjiao fell by 26.
    5%
    year-on-year.
    2.
    In the first quarter, China's tire exports increased by 3.
    2%
    year-on-year.

    In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 10700 (0) yuan / ton; Vietnam 3L quotation 11100 (-50) yuan / ton; Thailand No.
    3 tobacco tablets 13350 (-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 48.
    33 (+0.
    43) baht/kg; Tai San tobacco tablets 50.
    1 (+0.
    22) baht/kg; field glue 46.
    5 (+0.
    5) baht/kg; Cup gum 36.
    5 (+0.
    5) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12900 (+100) yuan / ton; The market price of cis-butadiene rubber is 12500 (-100) yuan / ton
    .

    From the perspective of inventory, the inventory of Qingdao Free Trade Zone has declined, and follow-up attention is paid to whether the inventory can continue to decline
    .

    From the downstream situation, the operating rate of tire factories has increased recently, but the price increase of raw materials such as carbon black, chemical additives, steel wire, cord, and environmental protection under high pressure has a direct impact
    on the operation of tire factories.
    The main 1809 contract of Shanghai rubber is recommended to trade
    in the range of 11000-11800.

     

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.