 Home > Chemicals Industry > New Chemical Materials > Shanghai rubber shock closed down, it is recommended to treat it with a bearish idea

Shanghai rubber shock closed down, it is recommended to treat it with a bearish idea

 Last Update: 2022-12-06
 Source: Internet
 Author: User

Tags

1 3 generator

all matter made

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On Tuesday, the main 1801 contract of Shanghai rubber closed in volatility
.
The price closed at 14960 yuan / ton, down 2.
51%, increasing positions by 4576 lots, and trading 616980 lots
.

Shanghai rubber

Spot: the 15-year quotation of state-owned whole milk in the Shanghai market is 12850-12900 (0/0) yuan / ton; Vietnam 3L quotation 13300 (0) yuan / ton; 15 years Thailand No.
3 tobacco tablets 15200 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 52.
28 (-1.
93) baht/kg; Tai San tobacco tablets 53.
28 (-1.
23) baht/kg; Field glue 51.
5 (-1.
5) baht/kg; Cup glue 43.
5 (-1.
5) baht/kg
.

Synthetic rubber: East China Qilu petrochemical styrene rubber 1502 market price 13500 (-400) yuan / ton; The market price of cis-butadiene rubber is 13700 (-400) yuan / ton
.

News: 1.
Triangle Tire America will raise prices
on October 1.
2.
South Korea's synthetic rubber exports increased
ten-year-on-year.

Summary of views: From the perspective of inventory, the recent continuous decline in rubber inventory in Qingdao Free Trade Zone provides support, while the sales data of domestic heavy trucks in August increased sharply year-on-year, indicating that downstream demand performed better
.
From the downstream situation, last week, the operating rate of domestic all-steel tires and semi-steel tires fell year-on-year, and environmental protection inspections made it difficult for the factory operating rate to increase
significantly.
The short-term recommendation of Shanghai rubber 1801 contract is to be treated with a bearish idea
.

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.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

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.