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    Home > Chemicals Industry > New Chemical Materials > The growth rate of market demand is limited, and the rebound of rubber is blocked

    The growth rate of market demand is limited, and the rebound of rubber is blocked

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    On Friday, the rubber rally was blocked, RU2001 reduced its position, and the futures price closed lower
    .
    The day closed at 11885, -1% from the previous trading day; Volume 312826, position 322026, -20084, basis -785, -20, Ru1-May spread -165, -45
    .
    NR2002 closed at 10040, -0.
    3% from the previous trading day; Volume 5722, position 29336, -218, basis -554, +28, NR2-5 spread -225, -35
    .

    rubber

    News: 1.
    The export volume of tianjiao in Côte d'Ivoire from January to September increased by 8%
    year-on-year.
    2.
    Thailand's export volume of tianjiao in September continued to decline
    .
    3.
    According to Longzhong Information statistics, the start of semi-steel tires this week was 67.
    4%, up 0.
    52% month-on-month and 1.
    10% year-on-year; All steel tires started 67.
    70%, up 1.
    89% month-on-month and down 6.
    30%
    year-on-year.

    Market quotation: the quotation of 18-year state-owned whole milk (Yunxiang) in the Shanghai market is 11100 (-150) yuan / ton; Vietnam 3L quotation 11150 (-200) yuan / ton; Thailand No.
    3 tobacco tablets 13800 (-200) yuan/ton; Yunnan 19 years full latex 11200 (+50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 37.
    3 (-0.
    05) baht/kg; Tai San Tobacco Tablets 39.
    49 (+0) THB/kg; field glue 37.
    9 (+0.
    2) baht/kg; 31.
    75 (+0) THB/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1340 (+0) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1330 (+0) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse price increase of 1345 (+0) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10400 (+0) yuan / ton; The market price of cis-butadiene rubber is 10900 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 415400 tons, -1990 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 long positions 72988, -7796; short positions 107343, -1926
    .
    Long and short are reduced at the same time, and headroom is increased
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, Southeast Asian supply has increased significantly, a major rubber planting area in Thailand has been attacked by fungal disease outbreaks, but according to industry research, local production accounts for a small proportion of Thailand's total production, so the substantial impact is limited, but it is necessary to pay attention to the spread of fungal diseases in the later stage
    .
    Recently, the start of Shandong tire enterprises is subject to the restrictions of environmental protection supervision in the north in autumn and winter, and the rebound rate of operating rate is limited
    .
    In terms of the end market, automobile sales entered the off-season after October, and the increase in demand in the later terminal market was limited
    .
    Technically, the RU2001 contract rally is blocked and pulls back, focusing on the pressure around 12000 above, short-term recommended to trade in the 11750-12000 range; The NR2002 contract is recommended to trade
    in the 9900-10100 range for short term.

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