-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On Monday, the Shanghai rubber session stepped back on the 12300 area corresponding to the five-day moving average, and the evening rebound rebounded to test the 12500 line, entering the shock rebound trend
.
In terms of pattern, yesterday's mid-black candlestick pullback did not change the rhythm of the shock rise, short-term key support corresponds to the 12300 line, the running stage above the line, focus on observing the 12500 area, further break through the line to stand firm, the high is expected to rush to the 12700-12800 area
.
Since the end of March, the price of rubber has been moderately sorted out for a long time, and although the price bottom has gradually risen, the RU2101 contract has fluctuated in the range of 11000~12000 yuan for nearly four months
.
Non-ferrous metals, ferrous metals and building materials sectors, which are also important industrial raw materials, have not only made up for the decline after the Spring Festival, but also many varieties have hit new highs
in the year.
Although the supply and demand side of Tianjiao is still facing unfavorable factors such as high upstream inventory and downstream demand has not yet returned to normal, the overall situation is improving
.
In addition, Thailand and other places have recently been affected by typhoons, and local rubber tapping production may be hindered
.
In the first half of this year, the domestic cutting of Yunnan and Hainan was postponed, and the output of natural rubber was about 160,000 tons, a decrease of 23%
over the same period last year.
The second half of the year is the typhoon season, which may adversely
affect the production of tianjiao.
From a technical point of view, in history, Shanghai rubber has been supported near the 10,000 yuan mark many times, and after the impact of this year's public health incident, the bottom support has been verified
again.
With the gradual recovery of the future demand situation, the long-term gradual rise of rubber prices is a high probability event
.
In addition, in July, the exchange adjusted the limit on the rise and fall of rubber futures, as well as margin and fees, which is beneficial
to the active market.
The main goal of the current main RU2101 contract of Shanghai rubber is to make up for the decline gap after the Spring Festival, that is, around 13100~13300 yuan may be an important resistance level
in stages.
On the whole, the supply and demand prospects of Tianjiao are good, while the recovery of demand is uncertain
due to the development of the epidemic abroad.
Although Shanghai rubber broke through the previous finishing pattern, capital promotion is the main upward force, and it is necessary to pay attention to the impact of investor sentiment on the trend of
rubber prices.
In the long run, the gradual rise of Shanghai rubber is the general trend, and the phased market does not rule out that there will be repeats, and it is necessary to be cautious
in chasing up and down.
