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    Home > Chemicals Industry > New Chemical Materials > The performance of the domestic market is stable, and rubber may maintain a shock rebound in the short term

    The performance of the domestic market is stable, and rubber may maintain a shock rebound in the short term

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Futures market, rubber 2009 rose on Friday, closed at 10140, up 155, the total reduction of more than 3,000 lots, the volume increased
    .
    At present, the strong domestic easing policy is driving the economy, and the gradual reopening of the economy in Europe and the United States has pushed up market demand expectations, and crude oil has continued to rise
    .
    The support near the 10,000 mark of futures is strong, the pressure on bears is weakened, and the bulls take the initiative to increase their positions and raise prices
    .
    In the near future, we may continue to support strong volatility, pay attention to changes in market demand, foreign markets and epidemic expectations, and prevent capital concentration and washing
    .

    rubber

    In the spot market, the current rubber inventory in Qingdao Free Trade Zone is historically high and the pressure is heavier, but the increment has decreased
    .
    The operating rate of domestic tire companies is at a low level, the automobile consumption policy has pushed up the market's bullish expectations, and the production and sales data of passenger cars in early May continued to rise; The reopening of the economy in Europe and the United States raises foreign demand expectations
    .
    The US dollar glue market in Qingdao Free Trade Zone was stable, and the offer was raised; Shandong whole milk quotation around 9900 (up).

    The short-term increase in the supply of Yunnan Tianjiao is small, the overall domestic inventory is high, and the contradiction between supply and demand is still large; The market maintains stability and prices, and futures affect the mentality
    of the spot market.

    In terms of news, crude oil rebounded strongly, and it is still necessary to guard against the risk of
    pullback.
    Domestic macro-control has been strengthened, and strong easing policies have been made to stabilize the economy
    .
    At present, rubber inventories are at a historical high, and automobile consumption policies have pushed up market bullish expectations; Macro easing policy strengthens the support strength of the futures low-price area, and pessimistic expectations will aggravate the pressure on futures after the surge in spot; Futures are expected to move sharply and bottom up
    .

    Most of the recent tire starts have returned to the pre-holiday start level, and the overall operation has remained at 60% to 70
    %.
    In the first half of the month, the domestic market shipment performance was basically stable, and the supporting market orders were still relatively ideal
    .
    In addition, we have heard that the number of inquiries in the export market has increased, and the transaction expectations have increased
    .
    On the technical side, rubber prices may maintain a volatile rebound
    in the short term.

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