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    Home > Chemicals Industry > New Chemical Materials > Southeast Asia ushered in the cutting season, and Shanghai rubber maintained range consolidation

    Southeast Asia ushered in the cutting season, and Shanghai rubber maintained range consolidation

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Last Friday (April 28), the main 1709 contract of Shanghai rubber reduced its position increment, and the futures price maintained a range consolidation, and the price closed at 14760 yuan / ton, up 1.
    65% from the previous trading day, reducing its position by 12140 lots, and the transaction was 771302 lots
    .

    Shanghai rubber

    News: China's tire exports rose again in January and March
    .
    In February and March, Thailand's natural rubber exports increased by 1.
    8% year-on-year to 341,000 tons
    .

    Spot: Shanghai natural rubber market 15 years of state-owned full latex quotation in 13700-13800 (+250/+350) yuan / ton; Vietnam 3L quotation 14300 (0) yuan / ton; 15 years Thailand No.
    3 tobacco tablets 14500-14800 (+50/+0) yuan/ton; RMB mixed rubber 13300-13400 (+100) yuan / ton
    .
    Thai Hat Yai raw material market raw film 70.
    38 (+0.
    21) baht/kg; Tai San tobacco tablets 74.
    25 (+0.
    76) baht/kg; Field glue 63 (+1) baht/kg; Cup glue 49.
    5 (0) baht/kg
    .
    Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 14500 (-300) yuan / ton; The market price of cis-butadiene rubber is 15200 (0) yuan / ton
    .

    At present, the operating rate of semi-steel tires and all-steel tires in domestic tire factories are lower than the same period last year, and the tires of downstream enterprises are affected by environmental protection inspections, resulting in a decline in operation, which has reduced the demand
    for downstream tires.
    In March 2017, the domestic heavy-duty truck market sold a total of about 106,000 vehicles of various types, a significant increase of 42% over the same period last year, but a month-on-month increase of 23%, and the sales of heavy-duty trucks in March hit a new high in the same period in nearly six years, but the demand was less than expected
    .

    From the perspective of circulation, as of mid-April 2017, the rubber inventory in Qingdao Free Trade Zone rose sharply to 220,100 tons, a significant increase of 22,200 tons, or 11.
    22%, from 197,900 tons at the end of March, and the inventory exceeded 200,000 tons, and the overall inventory gradually rose; Southeast Asia ushered in a new season of rubber tapping, superimposed on Thailand's 107,000 tons of inventory without enterprise bidding, and the supply further increased
    .
    The Shanghai rubber 1709 contract focuses on the pressure around 15100 in the short term, and it is recommended to trade
    in the 14200-15200 range.

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