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On Wednesday, the main 1805 contract of Shanghai rubber opened high and volatile, closing slightly lower
.
The date price closed at 14170 yuan / ton, down 0.
11%, increased 1482 lots, and traded 451242 lots
.
News: China's tire exports in January and November fell 1.
6%
year-on-year.
2.
In November, the continuous growth momentum of China's natural rubber imports came to an
abrupt end.
In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 12300 (+100) yuan / ton; Vietnam's 3L quotation is 12100 (-100) yuan / ton; Thailand No.
3 tobacco tablets 14900 (+300) yuan / ton
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 13100 (0) yuan / ton; The market price of cis-butadiene rubber is 11900 (0) yuan / ton
.
From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.
The monthly sales data of domestic heavy-duty trucks continued to decline month-on-month, and terminal demand weakened
.
From the downstream situation, although the operating rate of semi-steel tires in tire factories last week picked up month-on-month, it still fell year-on-year, while all-steel tires fell year-on-year, indicating that overall demand is still not optimistic
.
The main 1805 contract of Shanghai rubber is recommended to trade
in the range of 13600-14600 in the short term.