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    Home > Chemicals Industry > New Chemical Materials > Rubber prices are expected to remain strong in the short term

    Rubber prices are expected to remain strong in the short term

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
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    On Tuesday, the main force of rubber RU closed at 12985 (+15) yuan / ton, the price of mixed rubber was 10975 yuan / ton (-25), and the basis of the main contract was -660 yuan / ton (-65); The top 20 main long positions are 84238 (-318), short positions 122612 (+282), and net short positions are 38374 (+600).

    NR main closing price 9880 (+25) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1435 US dollars / ton (+5), Malaysian standard rubber 1425 US dollars / ton (0).

    rubber

    Ingredients: raw film 44.
    8 baht/kg (+0.
    05), cup glue 40.
    45 baht/kg (0), glue 44.
    9 baht/kg (+0.
    2), tobacco film 47.
    7 baht/kg (+0.
    1).

    As of 12.
    9: Exchange total inventory 171876 (+16591), Exchange warehouse receipt 135980 (+10760).

    As of 12.
    8, the domestic all-steel tire operating rate was 60.
    36% (-0.
    17%), and the domestic semi-steel tire operating rate was 66.
    13% (+1.
    94%)
    .

    As of the end of last week, domestic port inventories continued to recover slightly, mainly due to the recovery of port arrivals and demand continued to weaken, the decline in outbound goods led to the expansion of last week's inventory recovery, and later with the increase in imports, it is expected that the accumulation trend will continue
    .
    This week, the rainfall in the Thai production area is more, the price of raw materials continues to recover slightly, the weather in the domestic Hainan production area is better, but we must pay attention to the impact of glue output brought by this week's cooling, but the recovery of domestic delivery profits is still conducive to the output of full latex, and the overall domestic supply-side pressure has not yet appeared
    .
    Demand remains weak, but improvements are expected
    .
    It is expected that rubber prices are expected to maintain a strong pattern in the short term, but the rebound is highly constrained by weak fundamentals
    .

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