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    Home > Chemicals Industry > New Chemical Materials > Short-term easing pattern is difficult to reverse Rubber is expected to rebound highly limited

    Short-term easing pattern is difficult to reverse Rubber is expected to rebound highly limited

    • Last Update: 2022-12-25
    • Source: Internet
    • Author: User
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    On Wednesday, the main force of rubber RU closed at 12890 (+80) yuan / ton, the price of mixed rubber was 11600 yuan / ton (0), and the basis of the main contract was -890 yuan / ton (+120); The top 20 main long positions are 81310 (-1627), short positions 100492 (-4600), and net short positions are 19182 (-2973).

    NR main closing price 10275 (+65) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1535 (0) US dollars / ton, Malaysian standard rubber 1530 US dollars / ton (0), Indonesian standard rubber 1595 (0) US dollars / ton
    .

    rubber

    As of August 12: total stock on the exchange 283584 (+2713), exchange warehouse receipt 254780 (-710).

    Raw materials: raw film 48.
    5 (0), cup glue 45 (-0.
    3), glue 47 (0), tobacco film 50.
    59 (+0.
    59).

    As of August 11, the domestic all-steel tire operating rate was 59.
    35% (+2.
    63%), and the domestic semi-steel tire operating rate was 64.
    44% (+0.
    43%)
    .

    Thailand's main producing areas are currently in a weak and stable state after a sharp decline in raw material prices from the end of last week to the beginning of this week, and according to the weather forecast, the production areas are still facing heavy rainfall this week, and the decline in raw material prices will slow down
    .
    Domestic raw material prices still maintain a weak trend, Hainan and Yunnan glue price difference and Hainan concentrated milk and full milk glue price difference continued to fall, partly or due to the impact of the Hainan epidemic on the operation of the glue collection point, some areas glue or can not be treated in time, resulting in the existence of structural excess of raw materials, and the fall in concentrated milk prices or more is to reflect the continued easing of the shortage of raw materials in Hainan after the amount of raw materials
    .
    After the return of RU prices in recent months, futures prices showed a weak and stable state, focusing on the recovery of domestic demand in the later stage, and the short-term easing pattern is difficult to reverse, and the rebound is expected to be highly limited
    .

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