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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber rushed back down and the market gradually returned to rationality

    Shanghai rubber rushed back down and the market gradually returned to rationality

    • Last Update: 2022-11-30
    • Source: Internet
    • Author: User
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    On Monday, the Shanghai rubber market soared and retreated
    .
    The main 1605 contract of Shanghai rubber closed at 11270 yuan / ton, down 0.
    22% from the previous trading day, reducing its position by 4118 lots; The 1609 contract closed at 11545 yuan / ton, down 0.
    17% from the previous trading day, and increased its position by 11344 lots
    .

    Shanghai rubber

    Spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11100 (+200) yuan / ton; Vietnam's 3L quotation is 10800 (+200) yuan / ton, Thailand's No.
    3 tobacco film is reported at 11650-11700 (+150/+200) yuan / ton, and the RMB mixed transaction is 9500-9600 (0/+100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 45.
    45 (+0.
    76) baht/kg; Tai San tobacco tablets 47.
    75 (+0.
    87) baht/kg; field glue 45.
    5 (+0.
    5) baht/kg; Cup gum 39 (0) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 9900 yuan / ton (-100), cis-butadiene rubber market price 10000 yuan / ton (0).

    News: 1.
    The Cambodian government adjusts the rubber export tariff system
    .
    2.
    Brazil's anti-dumping duty rate on Chinese footwear products was reduced
    .

    At present, Thailand has gradually entered the period of suspension, while the country has not yet been cut, and the market has entered a period
    of green and yellow.
    In the past month, the inventory in the domestic bonded zone has been higher than the warehousing, while the operating rate of downstream tire factories has gradually recovered, there is a demand for replenishment after the holiday, and the sales volume of the heavy-duty truck market has risen unexpectedly sharply, all of which provide positive support
    for the market.
    The macro currency over-issuance and stable growth expectations are the biggest drivers of the previous rise, but after the sharp rise and fall, the market gradually returned to rationality, and the 1605 contract is recommended to operate
    in the 11000-11800 range.

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