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    Home > Chemicals Industry > New Chemical Materials > Raw material procurement demand is light, rubber is recommended to wait and see for the time being

    Raw material procurement demand is light, rubber is recommended to wait and see for the time being

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 14285 (-70) yuan / ton, the mixed rubber quotation was 13125 yuan / ton (-50), and the basis of the main contract was -735 yuan / ton (+120); The top 20 main long positions 109334 (-2898), short positions 170850 (-4106), net short positions 61516 (-1208).

    NR main closing price 11720 (-10) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1820 (0) US dollars / ton, Malaysia standard rubber 1815 US dollars / ton (0), Indonesia standard rubber 1875 (0) US dollars / ton
    .

    rubber

    As of February 11: Exchange Total Inventory 248005 (+2169), Exchange Warehouse Receipt 232760 (+4060).

    Raw materials: The market is closed, and there is no quotation
    for raw materials.
    Raw film 60.
    68 (0), cup glue 50 (0), glue 65 (0), tobacco film 63.
    99 (0).

    As of February 10, the domestic all-steel tire operating rate was 9.
    25% (+6.
    6%), and the domestic semi-steel tire operating rate was 20.
    11% (+6%)
    .

    This week, the operating rate of downstream tire factories has gradually increased, and shipments have also begun to rise, which is conducive to the digestion of finished product inventories of manufacturers, if the later arrival volume is not further improved, the later period in the downstream demand gradually recovers, the domestic port inventory accumulation range is expected to fall
    .
    As of the end of last week, domestic port inventories continued to recover, and the recent increase in shipping schedules became the main accumulation factor, while downstream work has not fully resumed, and raw material procurement demand is also light
    .
    The price of raw materials in Thailand's main producing areas continued to be strong, resulting in strong cost support under rubber, limiting the downward space
    of rubber prices.
    Before the downstream finished product inventory has not been effectively digested, the upward drive is insufficient, and the short-term price may maintain a volatile trend
    .
    It is recommended to wait and see
    for now.

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