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    Home > Chemicals Industry > New Chemical Materials > The Shanghai rubber market opened high and fluctuated slightly

    The Shanghai rubber market opened high and fluctuated slightly

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai rubber market fluctuated
    slightly after opening higher.
    The main 1609 contract of Shanghai rubber closed at 10975 yuan / ton, up 3.
    54%, reducing its position by 8324 lots, and the transaction was 733772
    .

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10500 (500) yuan / ton; Vietnam's 3L quotation is at 10700 (400) yuan / ton; 15 years Thailand No.
    3 smoke 12200 (500) yuan / ton; RMB mixed rubber 9950 (350) yuan / ton
    .
    Thai Hat Yai raw material market raw film 55.
    2 (2.
    31) baht/kg; Tai San tobacco tablets 54.
    89 (1.
    3) baht/kg; Field glue 47.
    5 (1.
    5) baht/kg; Cup glue 38.
    5 (1.
    5) baht/kg
    .

    News: 1.
    Vietnam Customs: Rubber exports in May fell
    year-on-year.
    2.
    India's April production fell 2.
    5% year-on-year to 39,000 tons
    .

    Inventories in Qingdao Free Trade Zone fell, and heavy-duty truck sales continued to grow sharply year-on-year in May, indicating that downstream demand was performing well
    .
    With the successive opening of domestic rubber production areas, the supply of raw materials began to increase, and the price of glue fell, but the absolute price of Shanghai rubber is currently low, and there is still strong support
    at the 10,000 yuan mark.

    Shanghai rubber 1609 contract stood firm at the 10850 line, the technical situation improved, but the short-term faced 11050 position pressure, the futures price is expected to be repeated around 11000, short-term 10850-11000 range trading
    .

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