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    Home > Chemicals Industry > New Chemical Materials > Short-term demand support is limited, and rubber prices are mainly volatile

    Short-term demand support is limited, and rubber prices are mainly volatile

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    On Tuesday, the main force of rubber RU closed at 12900 (-180) yuan / ton, the price of mixed rubber was 12600 yuan / ton (0), and the basis of the main contract was 25 yuan / ton (+80); The top 20 main long positions are 92486 (-1669), short positions 134997 (-1945), and net short positions are 42511 (-276).

    NR main closing price 11215 (-130) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1690 (-5) US dollars / ton, Malaysian standard rubber 1685 US dollars / ton (0), Indonesia standard rubber 1735 (0) US dollars / ton
    .

    rubber

    As of July 1: Exchange total inventory 277125 (+298), Exchange warehouse receipt 253380 (+1900).

    Raw materials: raw film 58.
    7 (-1.
    6), cup glue 48.
    4 (0), glue 52.
    8 (0), tobacco film 62.
    09 (-0.
    02).

    As of June 30, the domestic all-steel tire operating rate was 58.
    8% (-0.
    31%), and the domestic semi-steel tire operating rate was 64.
    6% (+1%)
    .

    Viewpoint: With the expected recovery of later production, raw materials in the main producing areas of Hainan continued to decline
    .
    As of the end of last week, domestic port inventories rebounded slightly, mainly due to
    the weak momentum of downstream raw material procurement and a slight recovery in arrivals.
    At present, the domestic is the confrontation between the increase in supply and the improvement of demand month-on-month, based on the pressure of downstream finished product inventory, and it is also necessary to see a greater demand recovery in order to have the momentum of raw material procurement, therefore, the support of short-term actual demand is more limited, more from the expected boost
    .
    Under the pattern of double rise in supply and demand, it is expected that price fluctuations will be the mainstay
    .

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