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On Wednesday, volatility in the Shanghai rubber market intensified, accompanied by a continuous reduction
in holdings.
The main 1609 contract of Shanghai rubber closed at 11615 yuan / ton, up 0.
39% from the previous trading day, reducing its position by 11960 lots, and trading 754984 lots
.
In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10750-10800 (+50/+100) yuan / ton; Vietnam's 3L quotation is 11000 (+300) yuan / ton, Thailand's No.
3 tobacco film is reported at 11400-11450 (+200/+150) yuan / ton, and the RMB mixed transaction is 10600-10700 (+200/+200) yuan / ton
.
Thai Hat Yai raw material market raw film 49.
23 (0) baht/kg; Tai San Tobacco Tablets 53.
36 (0) Baht/kg; Field glue 53.
5 (0) baht/kg; Cup glue 42 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10800 yuan / ton (+250), cis-butadiene rubber market price 10300 yuan / ton (0).
News: 1.
ANRPC: Thailand's production and sales performance in the first quarter of this year is eye-catching, and China's production has fallen significantly
.
The inventory warning index in February and March was 58.
9%, and the operating pressure of dealers remained
.
Thailand's government procurement of tobacco chips and Indonesia's storage and storage pushed up the price of overseas raw materials, while inventory in Qingdao Free Trade Zone is still declining, the operating rate of downstream tire factories has continued to rise, and manufacturers have accelerated stocking
.
In addition, affected by the tight supply of butadiene, the quotation of synthetic rubber continued to rise sharply, which had a certain effect
on natural rubber.
Today's Shanghai rubber 1609 contract rally slowed down, but the short-term is still further upward, investors can rely on the 11600 line to buy on the dip, gradually stop profit around 12000, pay attention to risk control
.