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On Tuesday, the Shanghai rubber market increased its position upward, standing strongly at the 14,000 yuan / ton mark
.
The Shanghai rubber 1701 contract closed at 14205 yuan / ton, up 3.
5% from the previous trading day, increasing its position by 15314 lots and trading 672820 lots
.
News: 1.
As of September 10, rubber inventories in Japanese ports fell by 1.
5%.
U.
S.
auto sales continued to decline
in February and September.
In terms of spot: the 15-year quotation of state-owned whole milk in the Shanghai market is about 11950-12050 (+300/+400) yuan / ton; Vietnam's 3L quotation is 13000 (+400) yuan / ton; 15 years Thailand No.
3 tobacco tablets 14750 (+600) yuan / ton; RMB mixed rubber 12300-12800 (+100/+600) yuan/ton
.
Thai Hat Yai raw material market raw film 54.
41 (+1.
29) baht/kg; Tai San tobacco tablets 56.
79 (+0.
88) baht/kg; Field glue 52.
5 (+1.
5) baht/kg; Cup glue 48.
5 (+1.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 14500 yuan / ton (+800); The market price of cis-butadiene rubber is 17600 yuan / ton (+700).
At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the sales volume of heavy truck market in September continued to increase sharply year-on-year, indicating that the overall downstream demand performance is better
.
From the perspective of circulation, as of the end of September, the rubber inventory in Qingdao Free Trade Zone fell
sharply again.
Raw material market prices in Thailand continue to rise, while the recent sharp rise in synthetic rubber provides support
for natural rubber prices.
The Shanghai rubber 1701 contract focuses on the 14200 first-line pressure, and it is recommended to trade
in the 13400-14200 range in the short term.