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    Home > Chemicals Industry > New Chemical Materials > Natural rubber market ups and downs "Silver Ten" expectations have improved

    Natural rubber market ups and downs "Silver Ten" expectations have improved

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    The first half of the 2019 natural rubber market can be described as ups and downs, and the second half of the market is still quite worrying
    .

    rubber

    The first quarter experienced a sharp rise of nearly 10% in February, and the number of March fell back to the starting line; In the second quarter, April first rebounded by 4% and then started a decline mode, until the last trading day customs announced the policy on "mixed rubber classification" to start the rising mode
    .
    In May, rubber prices continued to rise, mixed rubber classification inspection, high temperature drought and pest pests have a huge impact, especially the shortage of new rubber supply has caused concerns about future market supply, the price of tianjiao has risen sharply by 10%, and the subsequent sentiment has fallen, and the high price of rubber has been lowered by more than 3 points
    .
    June continued to be weak and volatile, with a monthly decline of 5.
    7%, which was called "very difficult to do business"
    .

    In the first half of July, the volatility of Tianjiao was lowered, until the RU1909 contract closed at 10460 points on the 16th, down 150 on the day, the lowest point of the month, and the decline from 1 to 16 was as high as 8.
    15%, and then Tianjiao opened the shock rebound in the second half of the month and then slightly lowered the trend, and the main contract closed at 10670 points
    on the last trading day of the month 。 In August, on the 12th, Tianjiao No.
    20 rubber was listed on the last energy, full latex futures continued to be weak, the highest point of the price was 10624 yuan / ton on the 31st, the lowest point appeared at 10260 yuan / ton on the 2nd, and the maximum monthly amplitude was 3.
    55%; From the perspective of pattern, the first half of August showed an incomplete "W" trend, the second half of the month showed a "V" trend, and the overall slight fluctuation of the month was weak
    .

    September Tianjiao market out of the shape of a mountain, the first week on the road, the second week, the third week of high volatility, the fourth week plus a large shock down, according to monitoring data, 18 years East China full latex standard rubber (SCRWF) mainstream quotation of 10624 yuan / ton, 30 days 10830 yuan / ton, this month up 1.
    94%; Among them, the highest point of this month's price appeared at 11190 yuan / ton on the 23rd, and the lowest point appeared at 10624 yuan / ton on the 1st, with a maximum amplitude of 5.
    33%.

    At present, it is in the traditional consumption season, the industry is experiencing the comprehensive impact of macro liquidity expectations, the decline in exports of major Southeast Asian producing countries, and strict domestic environmental protection requirements.

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