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Rubber prices are at a relatively low level and pay attention to the impact of the epidemic in Hainan in the short term

 Last Update: 2022-12-25
 Source: Internet
 Author: User

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rubber tire recycling

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On Monday, the main force of rubber RU closed at 12255 (+175) yuan / ton, the price of mixed rubber was 12000 yuan / ton (+150), and the basis of the main contract was +30 yuan / ton (+50); The top 20 main long positions are 36858 (-3316), short positions are 53171 (-4995), and net short positions are 16313 (-1679).

NR main closing price 10675 (+205) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1610 (+35) US dollars / ton, Malaysian standard rubber 1605 US dollars / ton (+35), Indonesian standard rubber 1640 (0) US dollars / ton
.

rubber

As of August 5: total stock on the exchange 280871 (+2422), exchange warehouse receipt 255490 (+190).

Raw materials: raw film 53.
58 (-0.
39), cup glue 47.
05 (+0.
15), glue 51.
7 (0), tobacco film 54.
89 (-0.
68).

As of August 4, the domestic all-steel tire operating rate was 56.
72% (-1.
95%), and the domestic semi-steel tire operating rate was 64.
01% (-0.
19%)
.

Yesterday, under the warming market atmosphere, rubber prices were running
strongly.
Short-term attention to the impact of the epidemic in Hainan, due to the impact of local static management, mainly affect the transportation of raw materials, depending on the length of local epidemic control time, the short-term impact of the factory with raw material storage is small, and the long-term is worried about the production stoppage, but the total amount has little impact
.
At present, because the rubber price is at a relatively low level, the subsequent downside depends on the domestic raw material price falling space, rainfall in the main producing areas in August and typhoon weather will disrupt the supply, it is recommended to wait and see
for the time being.

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