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    Home > Chemicals Industry > New Chemical Materials > Rubber rushed back down, and the futures price fluctuated to close down

    Rubber rushed back down, and the futures price fluctuated to close down

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market situation: rubber rushed back down, RU2001 reduced its position increment, and the futures price closed down
    .
    The day closed at 11710, -1.
    14% from the previous session; Volume 403078, position 334666, -5610, basis -560, +95, Ru1-May spread -195, +0
    .
    NR2002 closed at 9920, -0.
    6% from the previous session; Volume 6874, position 28066, -256, basis -440, +103, NR2-5 spread -195, +0
    .

    rubber

    News: 1.
    Egypt launched an anti-dumping investigation
    on Chinese tires.
    2.
    Thailand's export volume of tianjiao in September continued to decline
    .
    3.
    According to Longzhong information statistics, the construction of semi-steel tires started 66.
    88% last week, up 3.
    69% month-on-month and 0.
    38% year-on-year; All-steel tires started 65.
    81%, down 1.
    78% month-on-month and 7.
    19%
    year-on-year.

    Market quotation: the quotation of 18-year state-owned whole milk (Yunxiang) in the Shanghai market was 11150 (-50) yuan / ton; Vietnam 3L quotation 11200 (+0) yuan / ton; Thailand No.
    3 tobacco tablets 13850 (+0) yuan/ton; Yunnan 19 years full latex 11150 (+50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 37.
    61 (+0.
    04) baht/kg; Tai San tobacco tablets 39.
    2 (-0.
    5) baht/kg; field glue 37.
    7 (+0.
    5) baht/kg; 32 (+0.
    5) THB/kg
    .
    SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1340 (+10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1320 (+0) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse price increase of 1340 (+5) US dollars / ton
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10400 (+0) yuan / ton; The market price of cis-butadiene rubber is 11100 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 408950 tons, -2260 tons; NR warehouse receipt 0 tons
    .
    Main positions: RU2001 Top 20 long positions 75111, -2753; short positions 113399, -807
    .
    Long and short are reduced at the same time, and headroom is increased
    .

    Summary: At present, domestic and foreign production areas are in the rubber tapping period, Southeast Asian supply has increased significantly, a major rubber planting area in Thailand has been attacked by fungal disease outbreaks, but according to industry research, local production accounts for a small proportion of Thailand's total production, so the substantial impact is limited, but it is necessary to pay attention to the spread of fungal diseases in the later stage
    .
    Recently, the start of Shandong tire enterprises is subject to the restrictions of environmental protection supervision in the north in autumn and winter, and the operating rate of all-steel tires has declined
    slightly.
    In terms of the end market, automobile sales entered the off-season after October, and the increase in demand in the later terminal market was limited
    .
    Technically, the RU2001 contract rushed back down, and the futures price was suppressed around 11900 above, but there was support around 10700 below, and it was recommended to trade in the 11700-11900 range in the short term; The NR2002 contract is recommended to trade
    in the 9800-10000 range for short term.

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