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The supply pattern has not changed much Rubber prices continue to rebound

 Last Update: 2022-12-26
 Source: Internet
 Author: User

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5 20 oil

losartan 50 12.5

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On Tuesday, the main force of rubber RU closed at 12590 (+310) yuan / ton, the price of mixed rubber was 10375 yuan / ton (+50), and the basis of the main contract was -705 yuan / ton (+100); The top 20 main long positions are 96394 (-1114), short positions 102326 (+5643), and net short positions are 5932 (-4529).

NR main closing price of 9765 (+250) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1265 US dollars / ton (+10), Malaysian standard rubber 1255 US dollars / ton (+7.
5).

rubber

Ingredients: raw film 46.
01 baht/kg (0), cup glue 38.
25 baht/kg (+0.
55), glue 43.
6 baht/kg (0), tobacco sheet 47.
79 baht/kg (+1.
07).

As of 11.
4: Exchange total inventory 317247 (+4440), Exchange warehouse receipt 296710 (+4690).

As of 11.
3, the domestic all-steel tire operating rate was 40.
97% (-6.
67%), and the domestic semi-steel tire operating rate was 53.
89% (-1.
45%)
.

As market sentiment gradually eased, rubber prices continued to rebound
this week.
At present, the rubber supply pattern has not changed much, but after the RU November contract entered the delivery month, with the slow increase of RU warehouse receipts and the continuous decrease of NR warehouse receipts, the market price performance was strong
.
When the old RU contract receipt is cancelled, the pressure on the spot end will gradually appear, and the pressure on the market warehouse receipt will be significantly reduced, which will further widen
the RU non-standard spread in the short term.
In the later period, it is more certain that global supply will continue to increase, and the loose pattern of rubber supply and demand is difficult to reverse, or limit the upside
.

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