echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber rushed back down and the bears still prevailed

    Shanghai rubber rushed back down and the bears still prevailed

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The main contract of Shanghai rubber once again rose slightly and then fell, flying double with yesterday's K-line, opening at 12535, the highest 12705, the lowest 12525, closing at 12615, down 30 points, or 0.
    24%.

    Shanghai rubber

    In terms of domestic spot, 14-year state-owned full latex 10400 (+50) in Shanghai; 14-year Yunnan state-owned whole milk in Shandong 10400 (+50); The tax-free price of state-owned whole milk in Hengshui area for 14 years is 10,000 (0) yuan / ton, and the price of 15-year private whole milk without tax is 10,100 yuan / ton (0) yuan / ton; Yunnan 16 years private full latex quotation 10700 (0) yuan / ton
    .
    In terms of raw materials in Thailand, the average price of Thai raw film was 51.
    6 baht/kg (-1.
    32), smoke film 53.
    27 (-0.
    42), field latex 49 (-1), cup gel 40 (-0.
    5).

    The President of King Bangkok's University of Technology in North Bangkok recently signed a memorandum of understanding with the head of the Thai Rubber Board and the Chairman of the Thai Agricultural Association, agreeing to provide support
    in areas related to rubber processing and latex development.
    The MoU was signed following the successful construction of Thailand's first rubber composite highway by King King University of Technology in Bunkan province
    .
    On May 14, 2016, the Thai Rubber Board reached a similar agreement
    with the Federation of Thai Industries, Prince of Songkla University and the National Science and Technology Development Authority.
    The main task of the agreement at that time was to influence the government's call, increase the diversity of rubber applications, stimulate consumption, and support rubber prices
    .

    The Shanghai rubber plate has been supported at the 12500 mark for two consecutive days, and the bulls have taken advantage of this resistance, paying attention to the behavior of the bears taking profits here, from the current technical form, the initiative is still in the hands
    of the bears.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.