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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
.
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.