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

    March 20 Shanghai rubber morning review

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    On Friday, Shanghai rubber futures rebounded slightly, the center of gravity of the far month contract RU1709 moved slightly upward, and the night session tested the pressure
    of the 10-day moving average.
    The Nippon Rubber Index continued to move
    sideways.

    Shanghai rubber

    In the spot market, the quotation of full latex (15 years) in Shanghai is 16250 yuan / ton (-250, daily rise and fall, the same below), and the basis of the near month is -995 yuan / ton; Thailand RSS3 Shanghai market quotation 17450 yuan / ton (including 17% tax) (-300).

    The spot market was highly active on the day, and the price fell
    slightly.

    News: 1.
    ANRPC: In the first two months, the production of tianjiao fell by 2.
    2%, and exports increased by 3%.

    In February and February, Japan's butadiene and cis-butadiene gum production increased year-on-year
    .

    On the whole, the Fed's interest rate hike boots landed, and commodity prices returned to fundamentals; At present, the domestic spot of tianjiao is weak, the market lacks a new profit boost, short-term rubber prices have also fallen into a volatile trend, relying on the neckline nearby, you can try light positions for more than September
    .

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