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    Home > Chemicals Industry > New Chemical Materials > August 16 Shanghai rubber morning review

    August 16 Shanghai rubber morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    Overnight, the Shanghai rubber 1701 contract closed slightly higher, focusing on the pressure around 13300 in the short term, and it is recommended to trade
    in the 12700-13300 range.
    The Shanghai rubber 1701 contract rose 0.
    54% to close at 13125 yuan / ton
    .

    Shanghai rubber

    Crude futures hit a one-month high on Monday amid rumors that a continued rout in oil prices could prompt major producers to reconsider collective production
    limits.
    NYMEX crude oil futures for September ended up 2.
    8 percent at $
    45.
    74 a barrel.

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10600 (+100) yuan / ton; Vietnam's 3L quotation is 10800-10900 (0/0) yuan/ton; 15 years Thailand No.
    3 smoke 13000 (+300) yuan / ton; RMB mixed rubber 10700-10750 (+150/+150) yuan/ton
    .
    Thai Hat Yai raw material market raw film 55.
    39 (+1.
    66) baht/kg; Tai San Tobacco Tablets 55.
    19 (+0.
    9) THB/kg; field glue 48.
    5 (-0.
    5) baht/kg; Cup gum 40 (+0.
    5) baht/kg
    .

    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10800 yuan / ton (-50), cis-butadiene rubber market price 11000 yuan / ton (0).

    News side: 1.
    As of mid-August 2016, rubber stocks in Qingdao Free Trade Zone fell by 10.
    2%.

    2.
    Sales of new energy vehicles in July fell
    month-on-month.

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 310,420 tons, a decrease of 490 tons
    .

    The sales data of heavy trucks in July continued to increase sharply year-on-year, and the operating rate of all-steel tires and semi-steel tires last week was close to 70%, and the overall demand performance was still good; At present, the inventory of Qingdao Free Trade Zone is still falling sharply, and due to the influence of weather and rubber tapping factors in the production area, the amount of new rubber has not yet been released, and overseas raw materials are relatively tight
    .

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