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On Tuesday, the Shanghai rubber market reduced its position and closed lower
.
The main 1609 contract of Shanghai rubber closed at 10835 yuan / ton, down 0.
96%, reducing its position by 5736 lots, and the transaction was 690966
.
In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10500 (0) yuan / ton; Vietnam's 3L quotation is at 10700 (0) yuan / ton; 15 years Thailand No.
3 smoke 12250 (50) yuan / ton; RMB mixed rubber 9900 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 53.
89 (-0.
25) baht/kg; Tai San tobacco tablets 55.
69 (0.
8) baht/kg; Field glue 48.
5 (1) baht/kg; Cup gum 38.
5 (0) baht/kg
.
News: From January to May, China's pure electric bus production was 22,110 units
.
2.
The European market is strong, Latin America is weak, and Scania's net profit in the first quarter is 9%.
Inventories in Qingdao Free Trade Zone fell, and heavy-duty truck sales continued to grow sharply year-on-year in May, indicating that downstream demand was performing well
.
With the successive opening of domestic rubber production areas, the supply of raw materials began to increase, and the price of glue fell, but the absolute price of Shanghai rubber is currently low, and there is still strong support
at the 10,000 yuan mark.
Shanghai rubber 1609 contract fell under pressure at the 11000 mark, short-term focus on 10800 support, it is recommended to trade
in the 10750-11100 range.
