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    Home > Chemicals Industry > New Chemical Materials > Positions reduced The Shanghai rubber market rushed back down

    Positions reduced The Shanghai rubber market rushed back down

    • Last Update: 2022-11-28
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber market rushed back down, accompanied by a reduction
    in holdings.
    The main 1605 contract closed at 10645 yuan / ton, down 0.
    51% from the previous trading day, reducing its position by 8758 lots and trading 526924 lots

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10100-10200 (-100/-100) yuan / ton; Vietnam's 3L quotation is 9450-9500 (-50/-50) yuan / ton, and Thailand's No.
    3 cigarette film is reported at 10650-10700 (-100/-100) yuan / ton
    Thai Hat Yai raw material market raw film 39.
    49 (+0.
    52) baht/kg; Tai San tobacco tablets 41.
    81 (+0.
    72) baht/kg; field glue 36.
    5 (+0.
    5) baht/kg; Cup glue 30.
    5 (0) baht/kg
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 8900 yuan / ton (0), cis-butadiene rubber market price 8300 yuan / ton (0).

    News: 1.
    General Administration of Customs: China's imports of tianjiao and synthetic rubber in January 2016 increased
    February and January heavy-duty truck sales decreased by 8%

    At present, rubber tapping in Southeast Asia has gradually entered the final stage, and the export ban of major rubber-producing countries has made the market worried about the decrease in supply in the next 3-5 months, which will bring forward contract premium; However, the domestic bonded zone and exchange inventory is still at a high level, downstream demand has not fully recovered, it is expected that the market rebound is difficult to continue, but under the technical support, it is difficult to have a significant decline in the near future, short-term recommended to maintain the shock idea, in the 10500-10850 range of intraday operation

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