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    Home > Chemicals Industry > New Chemical Materials > September 13 Shanghai rubber morning review

    September 13 Shanghai rubber morning review

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    The Shanghai rubber 1701 contract fell below the moving average system, and it is recommended to trade
    in the 12200-12600 range in the short term.
    The Shanghai rubber 1701 contract fell 3.
    29% to close at 12360 yuan / ton
    .

    Shanghai rubber

    Oil prices closed higher on Monday as a weak dollar and reports showed a sharp decline
    in Cushing inventories.
    The NYMEX October crude futures contract closed up $0.
    41, or 0.
    89 percent, at $
    46.
    29 a barrel.

    Spot market: the 15-year quotation of state-owned whole milk in the Shanghai market is about 10300 (-250) yuan / ton; Vietnam 3L quotation 10700-10800 (0/0) yuan/ton; 15 years Thailand No.
    3 tobacco tablets 12550 (-150) yuan / ton; RMB mixed rubber 10900 (0) yuan / ton
    .
    Thai Hat Yai raw material market raw film 50.
    58 (0) baht/kg; Tai San tobacco tablets 52.
    85 (0) baht/kg; Field glue 48 (-0.
    5) baht/kg; Cup glue 41.
    5 (0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 11200 yuan / ton (+100); The market price of cis-butadiene rubber is 12,000 yuan / ton (+100).

    News side: 1.
    Cambodian rubber producers want to abolish export taxes
    .
    February and August commercial vehicle market analysis: the growth rate of trucks expanded, and the decline of buses narrowed significantly
    .

    Warehouse receipt inventory: Exchange warehouse receipts were reported at 301,710 tons, a decrease of 30 tons
    .

    Summary of views: Last week, whether it was all-steel tires or semi-steel tires, the operating rate rebounded to more than 70% month-on-month, higher than the same period last year, and the heavy trucks in August increased sharply year-on-year, indicating that the overall downstream demand performance is better
    .
    From the perspective of circulation, as of the end of August, the decline in rubber inventory in Qingdao Free Trade Zone was wider
    than that in the previous period.
    Raw material prices in Thailand are generally stable, and the recent sharp rise in synthetic rubber has supported natural rubber prices
    .

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