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

    Shanghai rubber contracts rebounded and futures prices fell slightly

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Wednesday, the Shanghai rubber RU2201 contract rebounded, and the futures price fell
    slightly.
    The current price closed at 14820, -0.
    2% from the previous trading day; Traded 349809 lots, position 189772 lots, +10197, standard basis -1470; Non-standard basis -2320; RU9-1 spread -1190
    .
    The NR2110 contract closed at 11475, +0.
    39% from the previous session; Volume 8823 lots, position volume 19508 lots, +77; NR09-10 spread -175
    .

    Shanghai rubber

    News: 1.
    Passenger car association: July passenger car production and sales fell
    year-on-year.
    2.
    In the first 7 months of 2021, Vietnam's exports of sky rubber and mixed rubber increased
    year-on-year.
    3.
    General Administration of Customs: China's rubber imports in July 2021 fell by 22.
    5% year-on-year to 525,000 tons
    .

    Market quotation: Shanghai market 19 years state-owned full latex reported 13350 (+50) yuan / ton, Vietnam 3L reported 13000 (-50) yuan / ton
    .
    Qingdao market STR20 stock spot reported 1780 (+0) US dollars / ton, Qingdao market STR20 September cargo reported 1765 (+0) US dollars / ton
    .
    Qingdao area RMB Thai mix 12500 (+0) yuan / ton, RMB horse mix 12450 (+0) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12800 (+0) yuan / ton, into the concentrated milk plant 12800 (+0) yuan / ton
    .
    The purchase price of glue from dry rubber factory in Yunnan production area refers to 12.
    3-12.
    7 (0/0) yuan/kg, and the purchase price of glue in concentrated latex plant refers to 12.
    6-12.
    7 (0/0) yuan/kg
    .
    Field glue in Hat Yai raw material market in Thailand 50.
    5 (+0.
    5) baht/kg; Cup glue 47.
    45 (+0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 13200 (+0) yuan / ton; The market price of cis-butadiene rubber is 13900 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 181310 tons, +0 tons; NR warehouse receipt 38355 tons, + 51 tons
    .
    Main positions: RU2201 top 20 long positions 87432, + 4184; short positions 125079, + 9534; long and short increase, net short increase
    .

    Summary: The recent rainfall in the main producing areas is expected to increase, or have an impact on the rubber tapping work, the epidemic situation in the major rubber-producing countries in Southeast Asia is grim, and the impact
    on the supply side is concerned in the later stage.
    In terms of inventory, the recent inventory of light-colored rubber increased slightly month-on-month, mainly due to the rapid increase in 3L arrivals in Vietnam, but the inventory of dark-colored rubber continued to decline
    month-on-month.
    On the demand side, the operating rate of domestic tire factories rose month-on-month last week, and the start of early maintenance manufacturers gradually increased, which supported the overall operating rate, coupled with the spread of the overseas epidemic caused factory closures, the volume of export orders was positive, but transportation problems still have resistance
    to shipments.
    On the market, the RU2201 contract closed slightly lower, and it is recommended to trade in the 14750-15450 range in the short term; The NR2110 contract is recommended to trade
    in the 11300-11700 range.

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