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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber reduced the amount of warehouse and put on the long and short contention is obvious

    Shanghai rubber reduced the amount of warehouse and put on the long and short contention is obvious

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai rubber market fluctuated
    around the 11500 line.
    The main 1609 contract of Shanghai rubber closed at 11505 yuan / ton, down 2.
    17% from the previous trading day, reducing its position by 18178 lots, and trading 791522 lots
    .

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10650 (-250) yuan / ton; Vietnam's 3L quotation is 10600 (0) yuan / ton, Thailand's No.
    3 tobacco film is reported at 11300-11400 (-350/-300) yuan / ton, and the RMB mixed transaction is 9700-9750 (0/-50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 47.
    39 (-0.
    66) baht/kg; Tai San tobacco tablets 51.
    06 (-0.
    2) baht/kg; Field glue 49 (0) baht/kg; Cup glue 41 (-0.
    5) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 10,000 yuan / ton (0), cis-butadiene rubber market price 10,000 yuan / ton (0).

    News: 1.
    The Indonesian government will purchase 500,000 tons of domestic rubber to support rubber prices
    .
    2.
    "Double reverse" has become an opportunity
    for Japanese tire companies to expand production.

    Due to weather conditions, the cutting of rubber production areas in Thailand and China will be postponed this year; The inventory outbounds in Qingdao Free Trade Zone are still greater than the inbounds, but the outbound volume is smaller than expected; Domestic tire factories have been optimistic recently, the operating rate has continued to rise, and manufacturers have accelerated stocking
    .
    The Indonesian government's purchase of 500,000 tons of rubber will boost the market in the short term, but this will further slow
    down the process of natural rubber capacity reduction.

    From the plate point of view, the main 1609 contract of Shanghai rubber to reduce the amount of position, long and short in the 11500 line of competition is obvious, short-term is not recommended to chase short, the operation can rely on the 11350 near the dip to buy, around the 12000 mark gradually stop profit
    .

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