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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber increased its position to the upside, and the trading volume shrank

    Shanghai rubber increased its position to the upside, and the trading volume shrank

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    On Friday, the Shanghai rubber market increased its position to the upside, but the trading volume shrank
    .
    The main 1609 contract of Shanghai rubber closed at 11710 yuan / ton, up 1.
    39% from the previous trading day, increasing its position by 6704 lots and trading 565170 lots
    .

    Shanghai rubber

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10750 (+100) yuan / ton; Vietnam's 3L quotation is 10700 (+100) yuan / ton, Thailand's No.
    3 tobacco film is reported at 11500 (+200) yuan / ton, and the RMB mixed transaction is 9700-9800 (0/+50) yuan / ton
    .
    Thai Hat Yai raw material market raw film 47.
    71 (+0.
    32) baht/kg; Tai San tobacco tablets 51.
    61 (+0.
    55) baht/kg; field glue 49.
    5 (+0.
    5) baht/kg; Cup gum 41 (0) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10100 yuan / ton (+100), cis-butadiene rubber market price 10000 yuan / ton (0).

    News: 1.
    Hankook Tire will spend USD 800 million to build a plant
    in the United States.

    Due to weather conditions, the cutting of rubber production areas in Thailand and China will be postponed this year; The inventory outbounds in Qingdao Free Trade Zone are still greater than the inbounds, but the outbound volume is smaller than expected; Domestic tire factories have been optimistic recently, the operating rate has continued to rise, and manufacturers have accelerated stocking
    .
    The Indonesian government's purchase of 500,000 tons of rubber will boost the market in the short term, but this will further slow
    down the process of natural rubber capacity reduction.
    From the plate point of view, the main 1609 contract re-stood on the 11500 line, short-term or maintain a strong trend, more orders can continue to hold, around the 12000 line gradually stop profit
    .

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