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    Home > Chemicals Industry > New Chemical Materials > Market sentiment was suppressed, and Shanghai rubber futures prices closed lower

    Market sentiment was suppressed, and Shanghai rubber futures prices closed lower

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber RU2109 contract increased its position, and the futures price closed lower
    .
    The current price closed at 14165, -2.
    61% from the previous trading day; Volume 570010 lots, position volume 240558 lots, +4663, basis -565; RU9-1 spread -1105
    .
    The NR2107 contract futures closed at 11410, -2.
    52% from the previous session; Volume 28636 lots, position volume 33477 lots, +537; NR06-07 spread -150
    .

    Shanghai rubber

    News: 1.
    Malaysia announced a nationwide lockdown
    from May 12.
    2.
    According to Longzhong Information, as of the week of May 8, the operating rate of domestic semi-steel tire sample manufacturers was 54.
    36%, down 15.
    70% month-on-month and up 26.
    70% year-on-year; The operating rate of all-steel tire sample manufacturers was 56.
    59%, down 18.
    19% month-on-month and 0.
    72%
    year-on-year.
    3.
    The second round of the second batch of ecological environmental protection inspectors in Shandong Province will be fully launched
    .

    Market quotation: Shanghai market 19-year state-owned full latex reported 13600 (-350) yuan / ton, Vietnam 3L reported 13300 (-400) yuan / ton, Thailand No.
    3 tobacco film reported 20300 (-400) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1765 (+0) US dollars / ton, Qingdao market STR20 May cargo reported 1770 (+10) US dollars / ton
    .
    Hainan state-owned glue into the whole dairy plant 13200 (-200) yuan / ton, into the concentrated milk plant 13400 (-200) yuan / ton
    .
    The purchase price of glue of dry rubber factory in Mengla area of Yunnan is 13.
    2-13.
    6 yuan / kg, and the purchase price of glue of concentrated dairy plant is 13.
    4-13.
    7 yuan / kg
    .
    Field glue for Hat Yai raw material market in Thailand 65.
    5 (+1.
    7) baht/kg; Cup glue 47 (+0.
    25) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 13600 (+0) yuan / ton; The market price of cis-butadiene rubber is 12200 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 176140 tons, +0 tons; NR warehouse receipt 56,074 tons, +0 tons
    .
    Main positions: RU2109 Top 20 Long Positions 106127, +2795; Short Positions 165772, +4666; Long and Short Increase, Net Margin Increase
    .

    Summary: At present, the main producing areas at home and abroad have been cut one after another, the output of raw materials in Thailand is still small, and the price of Hat Yai raw materials continues to rise
    .
    The overall cutting rate in Banna area is still low, the glue output is small, the price remains firm, and the full cutting is expected to be in late May and early June, and the purchase price of glue in the thick dairy plant is still higher than the purchase price of glue in the dry rubber factory; The rapid increase in raw materials in Hainan production area, the weakening of prices, and the weakening of concentrated milk demand are expected to narrow the price difference between glue into latex plants and whole dairy plants
    .
    On the demand side, tire domestic sales and export demand remained stable, but replacement demand was weak, manufacturers' finished product inventory increased, some manufacturers in order to alleviate inventory pressure and avoid high cost risks and early maintenance, last week tire factory operating rate fell sharply, with the end of maintenance, this week start is expected to be restored, but need to pay attention to the impact of
    Shandong environmental protection inspectors on the start 。 Affected by yesterday's exchange on some black varieties to prompt risk control, market sentiment was suppressed, rubber prices fell under pressure, RU2109 contract after the market focus on 14150, 13900 position support, NR2107 contract focus on 11350, 11050 position support, it is not recommended to chase short
    .

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