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    Home > Chemicals Industry > New Chemical Materials > The market is optimistic and the medium and long-term upward trend of Shanghai rubber is relatively clear

    The market is optimistic and the medium and long-term upward trend of Shanghai rubber is relatively clear

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    The recent continuous breakthrough in the price of Shanghai rubber has benefited from the phased change of supply and demand pattern to tightening
    .
    The increase in domestic tire starts has increased the factory's stock of raw materials for tianjiao, stimulating the continuous price
    increase of spots.
    In the future, it may enter a phased peak of demand, which will also stimulate the possibility of further breakthroughs in the price of the main contract of Shanghai rubber
    .

    Shanghai rubber

    On the macro front, the global epidemic has been temporarily eased to a certain extent, the US central bank's 1.
    9 trillion plan is expected to be further implemented, and the recent RRR cut by the People's Bank of China has also boosted the commodity market, and the improvement of social financing indicators indicates that industrial enterprises have more profit space to accept the rise in the price of
    industrial raw materials.
    Before and after the convening of the two sessions in March, it is a relatively critical point, which may bring about new changes
    in the market.

    At present, the recovery of semi-steel tire manufacturers' equipment operation is better than expected, the domestic first-line brand operating level is relatively high, and the start of tire manufacturers in Shandong is still improving
    .
    Individual factories issued price increase announcements in advance, driving the shipment situation in recent days is better, the inventory of finished products has decreased significantly, and some specifications are out of stock
    .

    In terms of the market, the voice of price increases is continuous, but there are more homogeneous products, customer choice is increased, and superimposed market agents have limited acceptance of price increases, especially secondary and below terminal retailers, brand loyalty is not high, and the "buy up" mentality is general
    .
    At present, the market price is relatively chaotic, and some agents are interspersed with sales in order to stimulate the enthusiasm of taking goods downstream
    .

    From a fundamental point of view, the current supply is gradually decreasing, and it still takes a period of time to supply, so the probability of a significant increase in domestic rubber stocks is low, and the increase in tire demand makes rubber traders more willing to raise prices
    .

    On the whole, the tension of the global epidemic has eased, the market is optimistic, the southern part of Thailand is close to cutting, the price of raw material glue continues to rise sharply, and the number of new confirmed cases in the world continues to decrease, pushing up the recovery expectation of the world tire industry, etc.
    to support rubber prices, making the medium and long-term upward trend of Shanghai rubber
    clearer.
    Pay attention to the resistance above the 16500 level and be wary of the risk
    of a sharp pullback caused by unexpected situations.

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