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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber main force increased its position, and the futures price closed slightly higher

    Shanghai rubber main force increased its position, and the futures price closed slightly higher

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
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    On Thursday, the main 1905 contract of Shanghai rubber increased its position, and the futures price closed slightly higher
    .
    The price closed at 11205 yuan / ton, up 0.
    58% from the previous trading day, increasing its position by 2216 lots and trading 297764 lots
    .

    Shanghai rubber

    News: 1.
    Indonesia's first dissolved styrene-butadiene rubber factory was completed
    .
    2.
    Triangle Tire invested 1.
    8 billion yuan to expand passenger tire production capacity
    .

    Spot: the 17-year quotation of state-owned whole milk (Yunxiang) in the Shanghai market was 10500 (+150) yuan / ton; Vietnam 3L quotation 10300 (+50) yuan / ton; Thailand No.
    3 tobacco tablets 11850 (+100) yuan/ton; Yunnan 17 years full latex 10350 (+50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 38.
    05 (+0.
    18) baht/kg; Tai San tobacco tablets 40.
    65 (+0.
    05) baht/kg; Field glue 36.
    5 (+0.
    5) baht/kg; Cup glue 32.
    5 (0) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11900 (+100) yuan / ton; The market price of cis-butadiene rubber is 12000 (+100) yuan / ton
    .
    On December 5, the enthusiasm of the Qingdao Free Trade Zone market offer did not improve significantly, the enthusiasm of inquiry did not improve significantly, and the acceptable price difference between buyers and sellers remained sluggish, resulting in the transaction still remained sluggish, the transaction price of US dollar rubber rose by 5 US dollars / ton, and the transaction price of RMB rubber rose by 50 yuan / ton
    .

    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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