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    Home > Chemicals Industry > New Chemical Materials > The Shanghai rubber intraday shock rebound is insufficient

    The Shanghai rubber intraday shock rebound is insufficient

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The main contract of Shanghai rubber fluctuated repeatedly during the session, and struggled to sort out on the road of rebound, opening at 10510, the highest 10625, the lowest 10390, closing at 10555, up 70 points, or 0.
    67%.

    Shanghai rubber

    Domestic spot market, Shanghai area 14 years state-owned full latex 9900 (0); 14 years of Yunnan state-owned whole milk in Shandong 10000 (0); The 14-year state-owned whole milk tax-free price in Hengshui area was 9600 (-300) yuan/ton, and the 15-year private whole milk tax-free quotation was 9700 yuan/ton (-300) yuan/ton; Yunnan's 16-year private full latex quotation was 10300 (-100) yuan / ton
    .
    In terms of raw materials in Thailand, the average price of Thai raw film is 55.
    85 baht/kg (+0.
    73), smoke film 58 (+0.
    62), field latex 52 (0), cup gel 40 (0).

    According to Thai Customs on May 30, the export volume of rubber (including compound rubber) in April 2016 fell by 2.
    2% year-on-year to 310,000 tons, down 13% month-on-month; The export of tobacco film glue decreased by 3.
    6% year-on-year, the standard glue increased by 28%, and the composite rubber fell by 77%.

    The U.
    S.
    Department of Commerce recently issued an announcement to extend the preliminary ruling time of the anti-dumping investigation of Hua Card bus tires from July 7 to August 26
    .
    Previously, on March 31, the US Department of Commerce also postponed the preliminary ruling of the countervailing duty investigation, from April 25 to June 27
    .
    The U.
    S.
    Department of Commerce said that mainly because of the number and nature of the subsidy programs under investigation, the complainant, the United Steelworkers (USW), requested an extension of the investigation
    .

    Shanghai rubber currently has a rebound signal on the plate, but the strength is very weak, the fundamental bearish expectation still exists, the bull entry conditions are not sufficient, the technical form also has the need to repair, it is expected that the short-term shock probability is large, or it is recommended to rebound exhaustion short
    selling.

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