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The Shanghai rubber market was weak and closed at the end of the day

 Last Update: 2022-12-02
 Source: Internet
 Author: User

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On Wednesday, the Shanghai rubber market was weak and closed at the end of the day
.
The main 1609 contract closed at 11170 yuan / ton, down 6.
02%, increasing its position by 446 lots and trading 897476 lots
.

Shanghai rubber

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10850 (-400) yuan / ton; Vietnam's 3L quotation is at 11000 (-200) yuan / ton; 15 years Thailand No.
3 smoke 12550 (-500) yuan / ton; RMB mixed rubber 10600 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 53.
89 (0) baht/kg; Tai San tobacco tablets 55.
65 (0) baht/kg; Field glue 46.
5 (0) baht/kg; Cup glue 40 (0) baht/kg
.

Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10800 yuan / ton (0).

News: 1.
India's rubber imports in May fell 4.
1%
year-on-year.
2.
Sales in Canada increased by 7%
in June.

Inventories in Qingdao Free Trade Zone continued to decline, and heavy-duty truck sales continued to increase sharply year-on-year in June, and China's tire exports rose 9%, indicating that downstream demand performance was acceptable
.
With the successive cutting of domestic rubber production areas, the supply of raw materials began to increase, and the price of glue fell, but at present, due to the early weather reasons, the raw materials in the production areas have not yet been released
.
Today's Shanghai rubber 1609 contract fell sharply and sealed in the drop limit, the market tested the support around 11000, it is recommended to pay attention to low buying opportunities and pay attention to risk control
.

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