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On Wednesday, the main 1809 contract of Shanghai rubber rebounded, and the futures price closed lower
.
The date price closed at 10315 yuan / ton, down 0.
72%, reducing positions by 4080 lots, and trading 386054 lots
.
News: In January and May, Russia's synthetic rubber exports increased by 1.
9% year-on-year, and exports to China increased by 58.
4%.
2
.
The US $200 billion commodity levy list covers almost all products in the rubber industry.
Spot: the 16-year quotation of state-owned whole milk (Yunxiang) in the Shanghai market is 10,000 (-100) yuan / ton; Vietnam 3L quotation 10450 (-100) yuan / ton; Thailand No.
3 tobacco tablets 12400 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 43.
37 (+0.
03) baht/kg; Tai San Tobacco Tablets 45.
49 (-0.
14) THB/kg; Field glue 42.
5 (0) baht/kg; Cup gum 35.
5 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12400 (0) yuan / ton; The market price of cis-butadiene rubber is 12600 (0) yuan / ton
.
The recent weakening of rain in the production area is conducive to the increase in the
production of new rubber.
After the end of the export restriction policies of Thailand, Malaysia and India, domestic imports increased
significantly.
From the perspective of inventory, Qingdao Free Trade Zone inventory continued to grow, while exchange inventory and hidden inventory also showed that the future market is still facing greater inventory pressure
.
At present, the futures price of Shanghai rubber and mixed rubber are close to flat water, and the futures price is close to the psychological threshold of 10,000 yuan, and the futures price continues to have a slight lack of downward momentum, and the short-term recommendation of Shanghai rubber main 1809 contract is to trade
in the range of 10000-10800.