echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > The supply-side increase expectation is gradually clear, and the price of tianjiao is expected to run weakly

    The supply-side increase expectation is gradually clear, and the price of tianjiao is expected to run weakly

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Recently, due to the impact of the epidemic and rainy production areas, the price of Thai glue has performed strongly, and the price difference with cup glue has been further repaired
    .
    At present, the epidemic situation in Southeast Asia continues to ferment, and the control measures in Vietnam and other countries are tightened, and there is uncertainty
    about the impact on the supply side.
    In terms of domestic tianjiao imports, it rose month-on-month in July, and it is expected to continue to recover in August, but it remains low year-on-year
    .

    Tianjiao

    The quotation of full latex Shanghai was 13300 yuan / ton, down 50 yuan / ton; Vietnam's 3L Shanghai quotation is 13,000 yuan / ton, no change; The quotation of Thai tobacco tablets in Shandong was 17450 yuan / ton, down 150 yuan / ton
    .

    This week, the operating load of all-steel tires of tire enterprises in Shandong was 61.
    70%, down 1.
    05 percentage points from last week, 9.
    84 percentage points from the same period last year, and 10.
    32 percentage points from the same period in 2019; the starting load of semi-steel tires of domestic tire companies this week was 57.
    80%, down 0.
    85 percentage points from last week, 7.
    69 percentage points from the same period last year, and 12.
    63 percentage points
    from the same period in 2019.

    As of August 2, the inventory of 17 samples of natural rubber in Qingdao Free Trade Zone was 84,200 tons, down 03,500 tons from the previous period; the inventory of 16 samples of natural rubber general trading warehouses in Qingdao was 407,900 tons, a decrease of 02,400 tons from the previous period; the rubber inventory warehouse receipt of the previous period was 181,000 tons, and the warehouse receipt of No.
    20 rubber inventory was 36,000 tons
    .

    Raw material prices in Thailand and domestic production areas remained stable; The operation of downstream tire enterprises is stable and maintained at a low level; Under the condition that the import volume continues to decline, the inventory in Qingdao is still in a state of destocking, focusing on the inflection point of inventory; After the short-term upward impact of raw material prices and supply constraints, the supply-side increase expectation is more clear, and the price of tianjiao is expected to run weakly, and it is recommended that short-term operation is appropriate
    after closing long positions.

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.