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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber futures prices closed slightly higher, short-term focus on pressure around 14800

    Shanghai rubber futures prices closed slightly higher, short-term focus on pressure around 14800

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai rubber RU2201 contract reduced its position and increased, and the futures price closed slightly higher
    .
    The current day price closed at 14690, +0.
    69% from the previous trading day; Traded 432689 lots, position 186781 lots, -2734, standard basis -990; Non-standard basis - 1990; RU1-5 spread -145
    .
    The NR2112 contract closed at 11690, +0.
    26% from the previous session; The volume is 21390 lots, the position is 12631 lots, -1023; NR12-1 spread is 20
    .

    Shanghai rubber

    News: 1.
    EU passenger car sales in September 2021 fell 23.
    1% year-on-year, due to chip shortages
    .
    2.
    Vietnam's rubber exports to the United States are on the rise
    .
    3.
    The number of new crown cases in Songkhla Province, Thailand, has surged, and strict epidemic prevention measures
    will be implemented.

    Market quotation: Shanghai market 19 years state-owned full latex reported 13700 (-50) yuan / ton, Vietnam 3L reported 13250 (+0) yuan / ton
    .
    Qingdao market STR20 warehouse spot reported 1790 (+5) US dollars / ton, Qingdao market STR20 November cargo reported 1780 (+5) US dollars / ton
    .
    Qingdao area RMB Thai mix 12700 (+100) yuan / ton, RMB horse mix 12650 (+50) yuan / ton
    .
    Hainan state-owned glue into the whole dairy plant 12900 (+0) yuan / ton, into the concentrated dairy plant 13400 (+0) yuan / ton
    .
    The purchase price of glue in dry rubber factory in Yunnan production area refers to 11.
    9-12.
    5 (0/0) yuan/kg, and the purchase price of glue in concentrated dairy plant refers to 12.
    4-12.
    7 (0/0) yuan/kg
    .
    Field glue in Hat Yai raw material market in Thailand 51.
    7 (-1) baht/kg; Cup glue 47.
    55 (-0.
    45) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 13900 (+0) yuan / ton; The market price of cis-butadiene rubber is 14700 (+0) yuan / ton
    .

    Warehouse receipt inventory: RU warehouse receipt 209130 tons, - 320 tons; NR warehouse receipts 28,819 tons, + 403 tons
    .
    Main positions: RU2201 top 20 long positions 86736, -465; short positions 127393, -830; long and short are reduced together, net space is reduced
    .

    Summary: Recently, Thailand has still had more rainfall, which has an increased
    impact on raw material output.
    Shipping delays from Southeast Asia to China have eased, but natural rubber imports may still be difficult to increase significantly in October, and there is a possibility
    of a significant increase in November.
    On the demand side, the operating rate of domestic tire factories rose month-on-month last week, but there are still some factories with limited electricity and other factors, and there are production restrictions or production stoppages, and the overall start increase may be limited
    .
    Affected by the high price of raw materials and power and production restrictions, factories have a strong willingness to increase prices, but the terminal demand has not increased significantly, which drags the implementation of market price increases
    .
    On the market, the RU2201 contract closed slightly higher, focusing on the pressure around 14800 in the short term, and the intraday shock idea was treated
    .

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