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    Home > Chemicals Industry > New Chemical Materials > The Shanghai rubber market reduced its position and closed higher, and the center of gravity rose

    The Shanghai rubber market reduced its position and closed higher, and the center of gravity rose

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai rubber market reduced its position and closed higher
    .
    The Shanghai rubber 1701 contract closed at 12,645 yuan / ton, up 1.
    04% from the previous trading day, reducing its position by 4,912 lots and trading 540234 lots
    .

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10350 (-50) yuan / ton; Vietnam 3L quotation 10600-10700 (0/0) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 12600 (+100) yuan / ton; RMB mixed rubber 10650-10700 (+50/0) yuan/ton
    .
    Thai Hat Yai raw material market raw film 50.
    37 (-0.
    23) baht/kg; Tai San Tobacco Tablets 52.
    33 (-0.
    18) THB/kg; Field glue 48.
    5 (0) baht/kg ; Cup gum 41 (0) baht/kg
    .

    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 10900 yuan / ton (+100) ; The market price of cis-butadiene rubber is 11350 yuan / ton (0).

    News: the main producing areas of Southeast Asian celestial rubber have entered the traditional high production period; China's heavy-duty truck sales in August were 49,500 units, a significant increase of 45% year-on-year, U.
    S.
    light vehicle sales in August fell 3.
    5% year-on-year, and last week's domestic semi-steel tire operating rate continued to rise month-on-month, and the all-steel tire operating rate continued to decline month-on-month; In July, China's natural rubber imports increased by -47.
    69% year-on-year and -6.
    67% month-on-month, and synthetic rubber imports increased by 83.
    38% year-on-year and 7.
    69% month-on-month; In July, the total production of ANRPC's main producing countries increased by 5.
    4% year-on-year, Thailand increased by 7.
    9%, Indonesia increased by 4.
    1%, Malaysia increased by 15.
    0%, Vietnam fell by 5.
    0%, and China decreased by 3.
    5%.

    At the end of August, rubber stocks in Qingdao Free Trade Zone continued to decline by 16.
    9% to 116,900 tons, spot goods were in short supply, rapid outbounds, scarce warehousing, and the inventory of Tianjiao in the previous period turned to decline, and warehouse receipts continued to decrease sharply; International crude oil rushed back down, the price of styrene-butadiene rubber remained stable, the price of cis-butadiene rubber rose, and the sky rubber was inverted, and the domestic chemical futures market sentiment was neutral
    .

    The price of raw glue and cup glue in Thailand was stable, and white and tobacco tablets fell
    slightly.
    Today's Shanghai rubber 1701 contract closed up in volatility, the short-term moving average is supported by the futures price, and the market will continue to challenge the medium and long-term moving average upward, and it is recommended to trade
    in the 12500-12800 range.

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