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On Friday, the main 1709 contract of Shanghai rubber reduced its position increment, rushed back down, and the price closed at 16335 yuan / ton, up 0.
43% from the previous trading day, reducing its position by 10288 lots, and trading 556778 lots
.
In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 15200 (+200) yuan / ton; Vietnam 3L quotation 15900 (+200) yuan/ton; 15 years Thailand No.
3 tobacco tablets 16300 (+400) yuan / ton; RMB mixed rubber 15200 (-400) yuan / ton
.
Thai Hat Yai raw material market raw film 69.
39 (+0.
49) baht/kg; Tai San tobacco tablets 72.
29 (+0.
82) baht/kg; Field glue 65 (0) baht/kg; Cup glue 55.
5 (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 16400 (0) yuan / ton
.
News: In January and January, Turkey's passenger tire exports increased by 14.
8% year-on-year, and truck and bus tires increased by 13.
4%
year-on-year.
In February and January, Indonesia's natural rubber exports increased by 33.
4% year-on-year, and China once again ranked first
.
At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in February 2017, the domestic heavy-duty truck market sold a total of about 88,000 vehicles of various types, a significant increase of 152% over the same period last year, but an increase of 6%
month-on-month.
It set a record high for sales in the heavy-duty truck market in February, but heavy-duty truck sales fell short of expectations
.
From the perspective of circulation, as of March 17, 2017, the rubber inventory in Qingdao Free Trade Zone increased by 12.
5% to 187,000 tons, an increase of 20,000 tons from the previous month, and the price of synthetic rubber was discounted to the Shanghai rubber future, which caused a certain drag
on Shanghai rubber.
The Shanghai rubber 1709 contract focuses on the pressure around 16800 in the short term, and it is recommended to trade
in the range of 16000-16800.