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    Home > Chemicals Industry > New Chemical Materials > Rubber low opening oscillation short short idea treated

    Rubber low opening oscillation short short idea treated

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    The rubber RU2005 contract opened low and volatile on Thursday, and the futures price closed lower
    .
    The current price closed at 11235, -1.
    58% from the previous trading day; Volume 124001 lots, position volume 150683 lots, -1330, basis -185; RU5-9 spread - 275
    .
    The NR2004 contract futures closed at 9480, -1.
    51% from the previous session; The volume is 3274 lots, the position is 10171 lots, -1686; NR3-4 spread is -95
    .

    rubber

    News: 1.
    Moody's: In 2020, global car sales due to the epidemic will decline by 2.
    5%, and China will decline by 2.
    9%.

    2.
    The resumption rate of tire enterprises in Shandong Province reached 52%.

    3.
    According to Longzhong Information statistics, the operating rate of semi-steel tire manufacturers last week was 33.
    16%, up 21.
    06% month-on-month and down 16.
    61% year-on-year; The operating rate of all-steel tire manufacturers was 37.
    02%, up 21.
    62% month-on-month and down 14.
    25%
    year-on-year.

    Market quotation: Shanghai market 18-year state-owned full latex reported 11050 (-100) yuan / ton, Vietnam 3L reported 11350 (-50) yuan / ton, Thailand No.
    3 tobacco film reported 13450 (-100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1355 (-20) US dollars / ton, Qingdao market STR20 January cargo reported 1360 (-20) US dollars / ton
    .
    Thai Hat Yai raw material market raw film 42 (+0.
    25) baht/kg; Tai San Tobacco Tablets 45.
    56 (+0.
    07) THB/kg; field glue 44.
    7 (+0.
    2) baht/kg; 34.
    75 (+0.
    4) THB/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 9800 (+0) yuan / ton; The market price of cis-butadiene rubber is 9800 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 238440 tons, +0 tons; NR warehouse receipt 43,364 tons, +0 tons
    .
    Main positions: RU2005 Top 20 long positions 71091, -793; short positions 101466, -1588; long and short reduction, net space reduction
    .

    Summary: 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 will support
    the futures price.
    The recent domestic epidemic control performance is optimistic, downstream tire factories have gradually recovered, but the recovery progress is still slow, and the accumulation of inventory brought about by the increase in imports in the early stage will continue to pressure rubber prices in the short term, while the spread of the epidemic in Japan and South Korea may affect local automobile consumption, thereby suppressing the demand for
    natural rubber.
    On the plate, the RU2005 contract fell under pressure, and the market focused on support around 11000, and the NR2004 contract focused on support around 9350.

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