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    Home > Chemicals Industry > New Chemical Materials > Rubber futures prices closed slightly higher in the short term, focusing on pressure near the previous high

    Rubber futures prices closed slightly higher in the short term, focusing on pressure near the previous high

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Wednesday, the rubber RU2105 contract increased its position, and the futures price closed slightly higher
    .
    The current price closed at 16160, +0.
    87% from the previous trading day; Volume 652008 lots, position volume 212880 lots, +3080; basis -710; RU5-9 spread -30
    .
    The NR2105 contract futures closed at 12230, +1.
    24% from the previous session; Volume 23202 lots, position volume 31417 lots, +2590; NR04-05 spread -100
    .

    rubber

    News: 1.
    The Thai government extended the emergency law, but agreed to lift the ban on restaurants, entertainment venues, etc
    .
    2.
    For the 10th time, the Thai government announced the extension of the implementation of the
    Emergency Decree.
    3.
    Indonesia's micro-community restrictions have been delayed again, allowing some foreigners to enter
    .

    Market quotation: Shanghai market 19 years state-owned full latex reported 15450 (+0) yuan / ton, Vietnam 3L reported 14550 (+50) yuan / ton, Thailand No.
    3 tobacco film reported 22100 (+100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1780 (+15) US dollars / ton, Qingdao market STR20 March cargo reported 1790 (+15) US dollars / ton
    .
    Thailand Hat Yai raw material market field glue 66 (+0.
    5) baht/kg; Cup gum 44.
    55 (+0.
    55) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 13600 (+0) yuan / ton; The market price of cis-butadiene rubber is 12400 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 167940 tons, +0 tons; NR warehouse receipt 59270 tons, +0 tons
    .
    Main positions: RU2105 top 20 long positions 97021, + 3238; short positions 138981, + 907; long and short increased, net space decreased
    .

    Summary: Commodities are optimistic about the recent global economic recovery expectations brought about by the improvement of the epidemic
    .
    As far as natural rubber itself is concerned, in the global production reduction, southern Thailand is approaching the end of February, and the high profit of concentrated milk has promoted the price of raw materials in Thailand to continue to rise
    .
    Due to the recent easing of the tight ship space, the import of tianjiao at the end of the month may be more concentrated
    .
    Downstream, due to the impact of employment and other issues, it is expected that the operating rate of tire factories will gradually increase to a level of nearly 60% to 70% by the end of February.

    On the market, the RU2105 contract fluctuated at a high level, and the short-term focus on the pressure near the previous high was cautiously chased up
    .

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