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    Home > Chemicals Industry > New Chemical Materials > January 20 Shanghai rubber morning review

    January 20 Shanghai rubber morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    The Shanghai rubber 1705 contract focuses on support around 20300 in the short term, and it is recommended to trade
    in the 20300-21600 range.

    Shanghai rubber

    Outside trend: Crude futures rose on Thursday after the International Energy Agency's monthly report signaled that the global oversupply was declining
    .
    The NYMEX crude oil futures contract for February ended up $0.
    29, or 0.
    6 percent, at $51.
    37 a barrel
    .

    News: 1.
    The Thai Chamber of Commerce reported that the comprehensive damage of the flood in southern Thailand may reach 120 billion baht
    .
    2.
    As of mid-January 2017, the total rubber inventory of Qingdao Bonded Bureau increased by 12.
    4% from December 30, 2016 to 121,800 tons, and the total inventory exceeded 120,000 tons
    .

    In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market was 19650-19750 (-100/-100) yuan / ton; Vietnam 3L quotation 19800-19900 (0/-100) yuan/ton; 15 years Thailand No.
    3 tobacco flakes 21250 (-100) yuan/ton; RMB mixed rubber 19000-19200 (-100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 84.
    18 (+0.
    3) baht/kg; Tai San Tobacco Tablets 88.
    88 (+0.
    33) THB/kg; Field glue 81 (+1) baht/kg; Cup glue 72 (+0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 24000 (+0) yuan / ton; The market price of cis-butadiene rubber is 25500 (+0) yuan / ton
    .

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 254,380 tons, a decrease of 80 tons
    .

    At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in December 2016, the domestic heavy-duty truck market sold a total of about 76,000 vehicles of various types, an increase of 56% over the same period last year of 49,000 units, but also fell by 17% from November, indicating that the overall downstream demand is still performing well
    .
    From the perspective of circulation, as of mid-January 2017, the total rubber inventory of Qingdao Bonded Bureau rose by 16%, and the total inventory exceeded 120,000 tons
    .
    The price of synthetic rubber is significantly higher than the price of natural rubber, which has a certain support
    for tianjiao.

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