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    Home > Chemicals Industry > New Chemical Materials > Above the rubber disc or under pressure It is recommended to wait and see for the time being

    Above the rubber disc or under pressure It is recommended to wait and see for the time being

    • Last Update: 2022-12-26
    • Source: Internet
    • Author: User
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    On Monday, the main force of rubber RU closed at 12885 (-85) yuan / ton, the mixed rubber quotation was 10925 yuan / ton (-50), and the basis of the main contract was -835 yuan / ton (-15); The top 20 main long positions are 87794 (-5639), short positions are 99736 (-4515), and net short positions are 11942 (+1124).

    NR main closing price 9515 (-95) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1380 (-7.
    5) US dollars / ton, Malaysian standard rubber 1370 US dollars / ton (-5), Indonesia standard rubber 1420 (-10) US dollars / ton
    .

    rubber

    As of September 16: total stock on the exchange 293686 (+3969), exchange warehouse receipt 261550 (+540).

    Raw materials: raw film 46.
    15 (0), cup glue 39.
    65 (-0.
    25), glue 45.
    5 (0), tobacco film 48.
    38 (-0.
    19).

    As of September 15, the domestic all-steel tire operating rate was 50.
    42% (-3.
    59%), and the domestic semi-steel tire operating rate was 55.
    98% (-5.
    96%)
    .

    Rubber prices fell slightly, from the perspective of positions, RU is still a reduction pattern, before there is no capital inflow, the sustainability of the plate rebound remains to be seen
    .
    From a fundamental point of view, based on the expectation of increased supply in the later period, especially overseas supply, NR's recent performance has continued to be weak, resulting in the widening of the price spread between RU and NR
    .
    The supply season is coming, overseas raw material prices continue to fall slightly, from the absolute price point of view, with the release of production in the later period, raw material prices still have room to
    fall.
    After the price of the plate, the domestic Yunnan raw material conversion to the market began to show profits, as the profit continues to expand higher than the domestic concentrated milk profit, it is expected that the RU market will face pressure
    above.
    It is advisable to wait and see for the time being
    .

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