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On Wednesday, the Shanghai rubber market fluctuated at a high level and closed slightly higher
.
The 1701 contract closed at 14165 yuan / ton, up 0.
28% from the previous trading day, increasing its position by 1874 lots and trading 497472 lots
.
News: 1.
In the first eight months, the share of tires imported by the United States from China fell by five percentage points
.
2.
South Korea's strike halted production of 130,000 Hyundai's vehicles, and talks resumed this week
.
In terms of spot: the 15-year quotation of state-owned whole milk in the Shanghai market is about 12000-12050 (+50/0) yuan / ton; Vietnam's 3L quotation is 12800 (-200) yuan / ton; 15 years Thailand No.
3 tobacco tablets 14750 (0) yuan / ton; RMB mixed rubber 13000 (+700) yuan / ton
.
Thai Hat Yai raw material market raw film 53.
81 (-0.
6) baht/kg; Tai San tobacco tablets 56.
19 (-0.
6) baht/kg; Field glue 53 (+0.
5) baht/kg; Cup gum 49 (+0.
5) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene rubber 1502 market price 15000 yuan / ton (+500); The market price of cis-butadiene rubber is 17800 yuan / ton (+200).
At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the sales volume of heavy truck market in September continued to increase sharply year-on-year, indicating that the overall downstream demand performance is better
.
From the perspective of circulation, as of the end of September, the rubber inventory in Qingdao Free Trade Zone fell
sharply again.
Raw material market prices in Thailand continue to rise, while the recent sharp rise in synthetic rubber provides support
for natural rubber prices.
The Shanghai rubber 1701 contract focuses on the 14200 first-line pressure, and it is recommended to trade
in the 13400-14200 range in the short term.