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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber opened high and volatile prices closed higher on the first day after the holiday

    Shanghai rubber opened high and volatile prices closed higher on the first day after the holiday

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On the first day after the holiday, the Shanghai rubber RU2201 contract opened high and fluctuated, and the futures price closed higher
    .
    The current day price closed at 14395, +2.
    42% from the previous trading day; 228728 lots, 169614 positions, +9753, standard basis -945; Non-standard basis - 1945; RU1-5 spread -180
    .
    The NR2112 contract futures closed at 11555, +2.
    21% from the previous session; Volume 13494 lots, position volume 15110 lots, +331; NR12-1 spread 25
    .

    Shanghai rubber

    News: 1.
    In the first eight months of 2021, US tire imports increased by 28.
    5%
    year-on-year.
    2.
    Malaysia will provide "monsoon assistance"
    to smallholder farmers under RISDA in November and December.
    3.
    Indian media: supply and demand issues will make rubber prices stable
    in the short term.

    Market quotation: Shanghai market 19 years state-owned full latex reported 13450 (+200) yuan / ton, Vietnam 3L reported 13100 (+150) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1735 (+20) US dollars / ton, Qingdao market STR20 October cargo reported 1730 (+20) US dollars / ton
    .
    Qingdao area RMB Thai mix 12450 (+100) yuan / ton, RMB horse mix 12450 (+100) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12100 (+0) yuan / ton, into the concentrated dairy plant 12100 (-400) yuan / ton
    .
    The purchase price of glue from dry rubber factory in Yunnan production area refers to 11.
    6-12.
    3 (+0.
    2/+0.
    4) yuan/kg, and the purchase price of glue in concentrated dairy plant refers to 12-12.
    4 (+0.
    3/+0.
    5) yuan/kg
    .
    Thailand Hat Yai raw material market field glue 49 (+0.
    5) baht/kg; Cup glue 47.
    15 (+0.
    65) baht/kg
    .
    Synthetic rubber: North China Qilu petrochemical styrene-butadiene rubber 1502 market price 12400 (+300) yuan / ton; The market price of cis-butadiene rubber is 13200 (+300) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 202360 tons, +660 tons; NR warehouse receipts 26602 tons, + 806 tons
    .
    Main positions: RU2201 top 20 long positions 77414, +6618; short positions 117055, +7353; long and short increased, net short increased
    .

    Summary: Rainfall in the main producing areas is relatively normal recently, but the rainy season is expected to affect raw material output
    .
    In terms of inventory, dark rubber stocks fell sharply year-on-year, light rubber stocks fell slightly year-on-year, and the recent outbound shipments will cool down, and Qingdao inventory is expected
    to slow down and destock.
    Yunnan futures inventories began to accumulate rapidly and significantly with the large number of alternative indicators
    .
    On the demand side, the decline in tire starts is conducive to easing the pressure on finished product inventory, as the improvement of shipping is conducive to the improvement of tire exports, and the start is expected to recover quickly after the holiday, but the start will be affected by uncertainties such as environmental protection and power restrictions
    .

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