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Shanghai rubber opened low and fluctuated, closing slightly lower at the end of the day

 Last Update: 2022-12-07
 Source: Internet
 Author: User

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On Tuesday, the main 1805 contract of Shanghai rubber opened low and fluctuated, and closed slightly lower
at the end of the day.
The price closed at 13,980 yuan / ton, down 0.
75%, increasing its position by 10,690 lots, and trading 310772 lots
.

Shanghai rubber

News: In January and October, China's natural rubber imports increased slightly by 0.
4%
year-on-year.
2.
Demand in overseas markets is rising, and vehicle production in the UK increased by 3.
5%
in October.

In terms of spot: the 15-year quotation of state-owned whole milk in the Shanghai market is 11800 (-400) yuan / ton; Vietnam's 3L quotation is 12200 (-100) yuan / ton; 15 years Thailand No.
3 tobacco flakes 14000 (-400) yuan / ton
.
Thai Hat Yai raw material market raw film 42.
7 (-0.
59) baht/kg; Tai San tobacco tablets 45.
8 (+0.
66) baht/kg; Field glue 43.
5 (0) baht/kg; Cup gum 35 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 14100 (-100) yuan / ton; The market price of cis-butadiene rubber is 12400 (-200) yuan / ton
.

From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.
The monthly sales data of domestic heavy trucks fell month-on-month, and terminal demand weakened
.

From the downstream situation, the tire factory operating rate ended several consecutive weeks of month-on-month rise, indicating that the overall demand is still not optimistic, and the main 1805 contract of Shanghai rubber is recommended to wait and see
for the time being.

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