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Shanghai rubber reduced its position and closed strongly at the end of the day

 Last Update: 2022-12-02
 Source: Internet
 Author: User

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3 16 equals

building materials market

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On Thursday, the Shanghai rubber market reduced its position and closed strongly in
late trading.
The main 1609 contract of Shanghai rubber closed at 10,600 yuan / ton, up 2.
71%, reducing its position by 4254 lots and trading 702878 lots
.

Shanghai rubber

Spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 9900-10000 (-100/0) yuan / ton; Vietnam's 3L quotation is at 10500 (0) yuan / ton; 15 years Thailand No.
3 smoke 11650 (+50) yuan / ton; RMB mixed rubber 9400 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 55.
12 (+0.
55) baht/kg; Tai San tobacco tablets 57.
38 (+0.
58) baht/kg; Field glue 52 (-1) baht/kg; Cup glue 40 (0) baht/kg
.

News: According to data provided by AMIA, Mexico's automobile industry association, the country's automobile production fell 5% year-on-year in April, with new car sales up 25% and exports down 16%.

At present, the inventory in Qingdao Free Trade Zone is still declining, and the sales volume of heavy trucks in April increased year-on-year and expanded, indicating that demand is gradually picking up
.
The operating rate of downstream tire plants has declined, and it is slightly lower than the same period last year
.

With the successive cutting of domestic rubber production areas, the supply and demand of raw materials are tight or alleviated, but due to the impact of dry weather in the early stage, the supply of production areas has not yet increased
.
Today's Shanghai rubber 1609 contract reduced its position and rebounded, breaking through the 5-day moving average, short-term attention to the pressure of the upper 10-day moving average, it is recommended to trade
in the 10400-10800 range.

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