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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber contracts rebounded and futures prices closed slightly higher

    Shanghai rubber contracts rebounded and futures prices closed slightly higher

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai rubber RU2201 contract rebounded, and the futures price closed slightly higher
    .
    The current price closed at 13985, +0.
    47% from the previous trading day; Traded 208885 lots, position 155761 lots, -1377, standard basis -885; Non-standard basis -1535; RU1-5 spread -205
    .
    The NR2201 contract closed at 11145, +1.
    32% from the previous session; Volume 18017 lots, position 21004 lots, -398; NR1-2 spread -105
    .

    Shanghai rubber

    News: 1.
    In the first ten months of 2021, the total export volume of Vietnamese tianjiao and mixed rubber increased by 15%
    year-on-year.
    2.
    General Administration of Customs: China's rubber imports in October 2021 fell 23.
    7% year-on-year to 512,000 tons
    .
    3.
    Thailand's 80 billion medical glove industry is facing export obstruction
    .

    Market quotation: Shanghai market 19-year state-owned full latex reported 13100 (+100) yuan / ton, Vietnam 3L reported 12850 (+100) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1725 (+0) US dollars / ton, Qingdao market STR20 December cargo reported 1720 (+0) US dollars / ton
    .
    Qingdao area RMB Thai mix 12450 (+50) yuan / ton, RMB horse mix 12400 (+50) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12200 (+100) yuan / ton, into the concentrated dairy plant 12600 (+100) yuan / ton
    .
    The purchase price of glue in dry rubber factory in Yunnan production area refers to 12.
    2-13 (0/0) yuan/kg, and the purchase price of glue in concentrated dairy plant refers to 12.
    8-13.
    3 (0/0) yuan/kg
    .
    Thailand Hat Yai raw material market field glue 52.
    8 (-0.
    7) baht/kg; Cup gum 47.
    4 (-0.
    3) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 13400 (+0) yuan / ton; The market price of cis-butadiene rubber is 13900 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 248750 tons, + 6500 tons; NR warehouse receipts 31,227 tons, - 101 tons
    .
    Main positions: RU2201 top 20 long positions 71761, - 1502; short positions 98399, -403; long and short are reduced together, net short increases
    .

    Summary: Recently, the rainfall in the main producing areas has gradually decreased, but the rainfall in southern Thailand is still on the high side, and northeast Thailand has entered a peak production period.
    Domestic Yunnan production area output is normal, but will usher in a stop in late November, and Hainan production area is still affected by rainy weather
    .
    The arrival of natural rubber in October was less than expected, and it is expected that there is a possibility of a slight increase in November, but it is necessary to pay attention to the weather conditions
    in Southeast Asian production areas.
    Due to the relative concentration of natural rubber imports in the middle and late months of last month and the poor downstream procurement, the destocking in Qingdao slowed down
    .
    Last week, the operating rate of domestic tire factories increased month-on-month, the power rationing phenomenon has eased, maintenance manufacturers have gradually resumed work, and the current foreign trade orders of the factory are acceptable, which is expected to support the continued increase in operating rate
    .
    On the market, the RU2201 contract rebounded downward, focusing on the pressure
    around 14160 in the short term.

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