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    Home > Chemicals Industry > New Chemical Materials > Rubber futures increased positions and prices fluctuated to close higher

    Rubber futures increased positions and prices fluctuated to close higher

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Monday, the rubber RU2005 contract increased its position, and the futures price closed higher
    .
    The current price closed at 11685, +2.
    5% from the previous trading day; Volume 177393 lots, position volume 167364 lots, +1864, basis -335; RU5-9 spread -295
    .
    The NR2004 contract futures closed at 9855, +2.
    71% from the previous session; The volume is 6483 lots, the position is 18883 lots, -351; NR3-4 spread-90
    .

    rubber

    News: China's automobile production and sales in January and January were 1.
    783 million and 1.
    941 million units
    , respectively.
    2.
    Vietnam's exports of tianjiao and mixed rubber in January fell
    year-on-year.
    3.
    According to Longzhong information statistics, the operating rate of semi-steel tire manufacturers last week was 12.
    1%, up 1.
    92% month-on-month and down 21.
    53% year-on-year; The operating rate of all-steel tire manufacturers was 15.
    4%, up 3.
    34% month-on-month and down 18.
    1%
    year-on-year.

    Market quotation: Shanghai market 18-year state-owned full latex reported 11350 (+200) yuan / ton, Vietnam 3L reported 11550 (+150) yuan / ton, Thailand No.
    3 tobacco film reported 13550 (+0) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1375 (+0) US dollars / ton, Qingdao market STR20 January cargo reported 1375 (+0) US dollars / ton
    .
    Thai Hat Yai raw material market raw film 41.
    25 (+0.
    27) baht/kg; Tai San Tobacco Tablets 44.
    17 (+0.
    65) THB/kg; field glue 41.
    2 (+0) baht/kg; 34 (+0.
    3) THB/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 10000 (+0) yuan/ton; The market price of cis-butadiene rubber is 10000 (+0) yuan/ton
    .

    Warehouse receipt inventory: RU warehouse receipt 237460 tons, + 700 tons; NR warehouse receipt 30866 tons, + 2016 tons
    .

    Main positions: RU2005 Top 20 long positions 78698, + 3783; short positions 111030, + 399; long and short increased, net short decreased
    .
    NR2003 Top 20 long positions 3402, -297; short positions 3460, -343
    .

    Summary: The delay in the resumption of work by tire companies will adversely affect short-term natural rubber demand, and the accumulation of inventory caused by the increase in imports in the early stage will also put pressure on rubber prices
    .
    However, at present, the world has entered a low production period, and southern Thailand will also stop cutting early due to weather impacts, and the supply side supports futures prices
    .
    The recent epidemic control performance is optimistic, downstream tire factories have recovered one after another, and demand has gradually opened
    .
    On the market, the RU2005 contract increased its position and closed higher, the futures price broke through the previous pressure, and the short-term is expected to further rise, it is recommended to treat it with more ideas; The NR2004 contract focuses on pressure around 10,000 and treats it with short ideas
    .

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