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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber contract reduced positions to the upside, and the transaction shrank

    Shanghai rubber contract reduced positions to the upside, and the transaction shrank

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Domestic market: On Friday, the main 1709 contract of Shanghai rubber reduced its position to the upside, and the transaction contracted, and the price closed at 14805 yuan / ton, up 2.
    53% from the previous trading day, reducing its position by 12254 lots, and trading 766570 lots
    .

    Shanghai rubber

    News: Japan's styrene-butadiene rubber production in January and March fell
    sharply.
    In February and March, the effect of the car market profit promotion was obvious, and the inventory level of dealers fell
    .

    In terms of spot: the quotation of state-owned full latex in Shanghai natural rubber market for 15 years is 13800-13900 (+500/+550) yuan / ton; Vietnam 3L quotation 14400 (+300) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 14900 (+600) yuan / ton; RMB mixed rubber 13500 (+400) yuan / ton
    .
    Thai Hat Yai raw material market raw film 68.
    62 (+1.
    5) baht/kg; Tai San tobacco tablets 72.
    22 (+1.
    73) baht/kg; Field glue 59 (0) baht/kg; Cup glue 47 (+1) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 13800 (+500) yuan / ton; The market price of cis-butadiene rubber is 14800 (+400) yuan / ton
    .

    At present, the operating rate of semi-steel tires and all-steel tires in domestic tire factories are lower than the same period last year, and the tires of downstream enterprises are affected by environmental protection inspections, resulting in a decline in operation, which has reduced the demand
    for downstream tires.
    In March 2017, the domestic heavy-duty truck market sold a total of 106,000 vehicles of various types, a significant increase of 42% over the same period last year, but an increase of 23%
    month-on-month.
    Heavy-duty truck sales in March hit a new high in nearly six years, but demand fell short of expectations
    .

    From the perspective of circulation, as of mid-April 2017, the rubber inventory in Qingdao Free Trade Zone rose sharply to 220,100 tons, a significant increase of 22,200 tons, or 11.
    22%, from 197,900 tons at the end of March, and the inventory exceeded 200,000 tons, and the overall inventory gradually rose; Coupled with Thailand's 107,000 tons of inventory, there is no enterprise auction and Yunnan and Hainan enter rubber tapping, and the supply has further increased
    .
    The slight increase in synthetic rubber has a slight support for the Shanghai rubber futures price, and the Shanghai rubber 1709 contract focuses on the pressure around 15400 in the short term, and it is recommended to trade
    in the 14300-15400 range.

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