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On Monday, the main force of Shanghai rubber 2205 closed at 14630, down 85 yuan / ton, down 0.
61%, and closed at 14730
at night.
The main 2202 contract of INE20 rubber closed at 11440 (-175, -1.
51%) yuan / ton, and closed at 11435
at night.
The price of glue retreated, with the price of Hat Yai gum 56.
80 (#N/A) baht/kg
.
The quotation of US dollar rubber rebounded, the price of Thai Tianjiao STR20 was 1780 (15) US dollars / ton, the price of Malaysian Tianjiao SMR20 was 1770 (0) US dollars / ton, and the price of Indonesian Tianjiao SIR20 was 1750 (0).
The domestic spot price maintained stability, Yunnan full latex SCR5 Shanghai quotation 13550 (0) yuan / ton, Tai San tobacco tablets RSS3 Shanghai quotation 16550 (0) yuan / ton, Vietnam SVR3L Shanghai quotation 13100 (0) yuan / ton
.
Weather in production areas: The Southern Oscillation Index (SOI) was 12.
5 in November 2021, an increase of 5.
8 month-on-month, and the impact of La Niña increased
again.
News: 1.
According to the preliminary data of the first commercial vehicle network, in November this year, China's heavy-duty truck market is expected to sell about 50,000 vehicles of various types (invoice caliber), down 6.
5% month-on-month and 63% year-on-year, setting the lowest monthly sales level this year, slightly lower than the "bottom" sales (51,300 units) in August this year, and about 85,600 units
less than the same period last year.
2.
USTMA: U.
S.
tire shipments are expected to increase in 2021, and the tire market will continue to rebound
.
At present, the domestic Yunnan production area has been suspended one after another, and the eastern Hainan production area may be stopped in mid-to-late December; Rainfall in southern Thailand is gradually decreasing, and raw material output is expected to increase
.
Due to the continued arrival of Hong Kong is less than expected, and the enthusiasm of downstream bargain hunting is acceptable, the accumulation of natural rubber in Qingdao is expected to continue to be delayed
.
Due to soaring freight rates in Southeast Asia, there are expectations
of continued delays in the December sailing schedule.
The significant increase in sea freight on European and American routes will also make China's tire export pressure prominent
.
Last week, the operating rate of domestic tire factories fell slightly month-on-month, because the order situation was not optimistic, the pressure on finished product inventory increased, the foreign trade orders of tire factories in December were expected to shrink, and the replacement of domestic terminals was gradually coming to an end, coupled with the obvious increase in factory raw material inventory, tire factories may slow down the procurement process of tianjiao
.
On the market, the RU2205 contract increased its position and closed lower, focusing on the support around 14400 in the short term, and it is recommended to trade
in the 14400-14800 range.