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    Home > Chemicals Industry > New Chemical Materials > Southeast Asia entered a period of strong supply, and Shanghai rubber increased its warehouse and contracted

    Southeast Asia entered a period of strong supply, and Shanghai rubber increased its warehouse and contracted

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    On Monday, the main 1901 contract of Shanghai rubber increased its position and contracted, and the futures price closed lower
    .
    The current price closed at 11115 yuan / ton, down 0.
    85% from the previous trading day, increasing its position by 9326 lots and trading 352904 lots
    .

    Shanghai rubber

    News: 1.
    In the first nine months, Japanese tire sales slowed down and inventories increased
    .
    2.
    Apollo Tire raised prices
    in the North American market on January 1.

    In terms of spot: the quotation of 17-year state-owned whole milk (Baodao) in the Shanghai market was 10250 (0) yuan / ton; Vietnam's 3L quotation is 10350 (-50) yuan / ton; Thailand No.
    3 tobacco flakes 11650 (-50) yuan/ton; Yunnan 17 years full latex 10250 (0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 37.
    88 (-0.
    03) baht/kg; Tai San tobacco tablets 39.
    98 (-0.
    7) baht/kg; Field glue 36 (0) baht/kg; Cup gum 31.
    5 (0) baht/kg
    .

    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 12200 (-100) yuan / ton; The market price of cis-butadiene rubber is 12200 (-100) yuan / ton
    .
    On November 16, the market inquiry enthusiasm of Qingdao Free Trade Zone was acceptable, the trading price of US dollar rubber remained stable from the previous trading day, and the transaction price of RMB rubber remained stable
    from the previous trading day.

    The domestic Yunnan production area has entered the suspension period, but Southeast Asia has begun to enter a period of strong supply, and the climate in the production area is relatively normal
    .
    In the intermediate circulation link, although the inventory of Qingdao Free Trade Zone has dropped significantly, it is not caused by demand, but a factor of
    statistical caliber adjustment.
    In addition, the inventory of the previous period, outside the region and Yunnan production area is still at a high level, and the overall inventory pressure is still obvious
    .

    Downstream, the seasonal sales of tire factories tend to be better, the increase in export tax rebates for tire products and the sharp reduction of the tax rate of truck and bus tires imported from China by the European Union are beneficial to the tire industry, but the sales of domestic heavy trucks are not optimistic
    .
    The Shanghai rubber 1901 contract focuses on the first-line support of 11,000 yuan / ton, and it is recommended to trade
    in the 11,000-11,700 range in the short term.

     

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