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    Home > Chemicals Industry > New Chemical Materials > Rubber short-term shock operation is the mainstay, and the downside space is limited

    Rubber short-term shock operation is the mainstay, and the downside space is limited

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    On Tuesday, the main force of rubber RU closed at 13360 (-50) yuan / ton, the mixed rubber quotation was 12750 yuan / ton (0), and the basis of the main contract was -560 yuan / ton (+75); The top 20 main long positions are 73262 (-6548), short positions 105678 (-6433), and net short positions are 32416 (+115).

    NR main closing price 11205 (+10) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1765 (0) US dollars / ton, Malaysian standard rubber 1755 US dollars / ton (0), Indonesian standard rubber 1795 (0) US dollars / ton
    .

    rubber

    As of March 25: Exchange total inventory 257653 (+4090), Exchange warehouse receipt 244170 (+1890).

    Raw materials: raw film 63 (0), cup glue 50.
    4 (0), glue 67 (+0.
    3), tobacco film 70.
    34 (+0.
    25).

    As of March 24, the domestic all-steel tire operating rate was 56.
    55% (+4.
    51%), and the domestic semi-steel tire operating rate was 72.
    15% (+2.
    95%)
    .

    Domestic port inventories fell for the third week in a row as of the end of last week, but the pace of decline slowed down, mainly due to the recent rebound in arrivals, while downstream demand remained slightly higher but recovered more slowly
    .
    Thailand's main producing areas are in the off-season of rubber tapping, and the price of raw materials has continued to recover slightly recently, and the pattern of internal weakness and external strength continues
    .
    Last week, due to the continuous rainfall in the main producing areas of Yunnan, the output of raw materials was limited, and the price of raw materials rebounded slightly, and the current RU05 plate price was slightly lower than the cost price, but the recent increase in exchange inventory has increased significantly, and the pressure on the plate warehouse receipt still exists
    .
    From the micro spread, the price difference between latex and mixed rubber and 3L rubber has been compressed to a low level, and the variety spread is limited
    to the continued downward space of full latex prices.
    It is expected that the short-term fluctuation of rubber prices will be the mainstay
    .

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