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    Home > Chemicals Industry > New Chemical Materials > May 13 Shanghai rubber morning review

    May 13 Shanghai rubber morning review

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    Under the support of the 60-day moving average below, although domestic black commodities continue to show a sharp decline today, Shanghai rubber maintained a slightly stable trend, the main 1609 contract once retraced in early trading, but the space was relatively limited, the lowest fell to 11655 yuan / ton
    .
    Despite the pattern of volatility climbing in the afternoon, the futures price continued to strengthen and rise and turn red, rising as high as 12,015 yuan / ton
    .
    Near the end of the day, it fell sharply due to the rapid diving of black products
    .
    At the close, the Shanghai rubber 1609 contract closed slightly lower by -0.
    80% or -95 yuan/ton
    .

    Shanghai rubber

    News: 1.
    In March 2016, Malaysia's tianjiao production fell by 5.
    3% year-on-year, and the export volume fell by 12.
    4%.

    2.
    Indonesian Rubber Merchants Council: This year's rubber production is expected to increase by 1.
    6% year-on-year to 3.
    16 million tons
    .

    Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 12,000 (+50) yuan / ton; Vietnam's 3L quotation is at 11950 (-50) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 12650 (+50) yuan / ton; RMB mixed rubber 10850-10950 (-100/0) yuan/ton
    .
    Thai Hat Yai raw material market raw film 60.
    19 (+0) baht/kg; Tai San tobacco tablets 63.
    56 (+0.
    5) baht/kg; Field glue 60.
    5 (0) baht/kg; Cup glue 48 (0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 12050 yuan / ton (-50), cis-butadiene rubber market price 11300 yuan / ton (0).

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 281,820 tons, an increase of 640 tons
    .

    Localized rainfall in Thailand and slight
    easing of dry weather.
    At present, the inventory of Qingdao Free Trade Zone is still declining, but the decline has narrowed
    .
    Downstream tire factories have been compressed due to the rise in raw material prices, and the operating rate of semi-steel tires has declined
    .
    In May, with the domestic rubber production area successively cut, the supply and demand of raw materials is tight or eased, but the supply of the production area has not yet increased, and many factors remain.

    Overnight Shanghai rubber 1609 contract affected by the black series, the futures price fell sharply, below focus on the 11400 first-line support, the market sentiment is more unstable, it is recommended to operate
    cautiously.

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