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    Home > Chemicals Industry > New Chemical Materials > Short-term cost side repair Rubber prices rebounded

    Short-term cost side repair Rubber prices rebounded

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 13585 (+225) yuan / ton, the price of mixed rubber was 12900 yuan / ton (+150), and the basis of the main contract was -635 yuan / ton (-75); The top 20 main long positions are 64419 (-8843), short positions are 92949 (-12729), and net short positions are 28530 (-3886).

    NR main closing price of 11360 (+155) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1775 (+10) US dollars / ton, Malaysian standard rubber 1775 US dollars / ton (+20), Indonesian standard rubber 1805 (+10) US dollars / ton
    .

    rubber

    As of March 25: Exchange total inventory 257653 (+4090), Exchange warehouse receipt 244170 (+1890).

    Raw materials: raw film 63 (0), cup glue 50.
    15 (-0.
    25), glue 67.
    2 (+0.
    2), tobacco film 71.
    09 (+0.
    75).

    As of March 24, the domestic all-steel tire operating rate was 56.
    55% (+4.
    51%), and the domestic semi-steel tire operating rate was 72.
    15% (+2.
    95%)
    .

    Yesterday's plate price rebounded, which is mainly the repair of the short-term cost side, RU with the main force of the move and the non-standard spread narrowed to a low level, the exit of the arbitrage order has slowed
    down the pressure on the bears.
    The spread between latex and hybrid and 3L glue has been compressed to a lower level, which has also led to a recent improvement in demand for full latex, so the market shows a recovery trend
    .
    At present, the price of the plate is basically close to the price cost of raw materials in the main production area of Yunnan, and the upward momentum in the later period still needs to see the support of supply and demand improvement, but the current demand performance is still weak, and the supply of domestic rubber is about to increase, the supply and demand drive is insufficient, and the rebound space of rubber prices is expected to be limited
    .
    It is recommended to focus on short-term participation and pay attention to the disturbance on the supply side
    .

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