echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The increase in Shanghai rubber positions fell sharply

    The increase in Shanghai rubber positions fell sharply

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Monday, the main 1709 contract of Shanghai rubber increased its position, extending its decline, and the price closed at 16150 yuan / ton on the day, down 5.
    06% from the previous trading day, increasing its position by 17434 lots, with a transaction of 531862 lots
    .

    Shanghai rubber

    In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 14500-14600 (-1050) yuan / ton; Vietnam 3L quotation 16200 (0) yuan/ton; 15 years Thailand No.
    3 tobacco flakes 15600-15650 (-1150/-1150) yuan/ton; RMB mixed rubber 15850-16100 (-50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 67.
    77 (-2.
    22) baht/kg; Tai San tobacco tablets 68.
    58 (-2) baht/kg; Field glue 68 (-2) baht/kg; Cup glue 56 (-2) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 14500 (-1100) yuan / ton; The market price of cis-butadiene rubber is 16700 (-900) yuan / ton
    .

    News: 1.
    Dragged down by the decline in latex exports, Thailand's natural rubber exports in February fell 2.
    5%
    year-on-year.
    In February and February, Shandong tire exports plunged 47.
    8%
    month-on-month.

    At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in February 2017, the domestic heavy-duty truck market sold a total of about 88,000 vehicles of various types, a significant increase of 152% over the same period last year, but an increase of 6%
    month-on-month.
    It set a record high for sales in the heavy-duty truck market in February, but heavy-duty truck sales fell short of expectations
    .
    From the perspective of circulation, as of March 17, 2017, rubber stocks in Qingdao Free Trade Zone increased by 12.
    5% to 187,000 tons, an increase of 20,000 tons
    from the previous month.
    The sharp decline in synthetic rubber has caused a certain drag
    on Shanghai rubber.
    The Shanghai rubber 1709 contract focuses on support around 15600 in the short term, and it is recommended to trade
    in the 15600-17400 range.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.