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On Tuesday, the main 1901 contract of Shanghai rubber increased its position, and the futures price closed higher
.
The price closed at 12,750 yuan / ton, up 3.
57% from the previous trading day, with an increase of 21,242 lots and a transaction of 740,820 lots
.
News: January and September heavy-duty truck sales of 76,000 units, down 25% y/y October is difficult to say positive
.
2.
The auto dealer inventory index has been above the warning line
for nine consecutive months.
In terms of spot: the quotation of 17-year state-owned whole milk (Baodao) in the Shanghai market was 11200 (+400) yuan / ton; Vietnam 3L quotation 11100 (+250) yuan / ton; Thailand No.
3 tobacco tablets 13150 (+600) yuan/ton; Yunnan 18 years full latex 11400-11500 (+100/+100) yuan / ton
.
Thai Hat Yai raw material market raw film 40.
3 (+0.
05) baht/kg; Tai San tobacco tablets 42.
73 (+0.
14) baht/kg; Field glue 40.
5 (0) baht/kg; Cup gum 37 (+0.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12400 (-200) yuan / ton; The market price of cis-butadiene rubber is 14000 (-400) yuan / ton
.
On the 8th, the enthusiasm of traders in Qingdao Free Trade Zone was acceptable, the offer in the intraday stage was rare, the enthusiasm of inquiry was raised, and the transaction price was generally stable
.
The transaction price is as follows: Thai standard spot 1355-1360 yuan / ton; In October, the Thai standard was 1360 yuan / ton
.
The spot of horse standard is 1350 yuan / ton
.
Thai mixed spot 1340-1350 yuan / ton; Near Hong Kong Thai mixed 1350 yuan / ton; 1360 yuan / ton in October, stable; November 1360-1370 yuan / ton
.
Horse mix October 1350-1355 yuan / ton
.
RMB Thai mix: 10,700 yuan / ton in June; 10,750 yuan / ton in July and August, stable; 9.
10800-10850 yuan / ton in October, stable; 10900-10950 yuan / ton in November, stable; January 11100 yuan / ton
.
Inventories: futures inventories were 520,790 tons, an increase of 1,040 tons
.
At present, the overall climate of the production area is relatively normal, and in the intermediate circulation link, although the latest statistics of Qingdao Free Trade Zone show a sharp decline in inventory, it is understood that there are factors
such as centralized outbound and 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, and the increase in export tax rebates of tire products is beneficial to the tire industry, but the sales of heavy trucks are not optimistic
.
The short-term Shanghai rubber 1901 contract is not recommended to chase too much, pay attention to the pressure around 13000 above, and it is recommended to operate
in the 12000-13000 range.