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    Home > Chemicals Industry > New Chemical Materials > Demand has not improved significantly Rubber prices fluctuated at a low level

    Demand has not improved significantly Rubber prices fluctuated at a low level

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 12500 (-180) yuan / ton, mixed rubber quotation 12450 yuan / ton (-100), the basis of the main contract +25 yuan / ton (+80); Top 20 main long positions 102031(+2679), short positions 147511 (-337), net short positions 45480 (-3016).

    NR main closing price 10900 (-165) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1655 (-10) US dollars / ton, Malaysian standard rubber 1645 US dollars / ton (-10), Indonesian standard rubber 1685 (-30) US dollars / ton
    .

    rubber

    As of June 17: total stock on the exchange 276827 (+1402), exchange warehouse receipt 251480 (-890).

    Raw materials: raw film 62.
    88 (+0.
    19), cup glue 47.
    2 (-0.
    1), glue 54.
    6 (-0.
    9), tobacco film 63.
    81 (-0.
    68).

    As of June 16, the domestic all-steel tire operating rate was 58.
    97% (+5.
    94%), and the domestic semi-steel tire operating rate was 64.
    71% (+1.
    35%)
    .

    Yesterday, rubber prices continued to decline with the commodity market atmosphere, and spot prices were relatively strong because of the contradiction, and yesterday it has turned into a pattern
    of spot slightly premium futures prices.
    The main producing areas of Hainan in China have not yet been fully cut, but it is expected that early July will usher in full cutting, raw material prices are high, and the rapid increase in output is expected to increase, resulting in the rapid return of the price difference between Hainan and Yunnan in the near future, and the phenomenon of local concentrated dairy factories in Yunnan rushing for raw materials is also cooling
    .
    Demand has not seen significant improvement, resulting in weak supply and demand, but the current relatively strong spot price or limit the further decline space of futures prices, short-term prices or low volatility is the mainstay
    .

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