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    Home > Chemicals Industry > New Chemical Materials > The Shanghai rubber market closed down in shock and positions decreased

    The Shanghai rubber market closed down in shock and positions decreased

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Tuesday, the Shanghai rubber market closed in turmoil
    .
    The main 1609 contract of Shanghai rubber closed at 11185 yuan / ton, down 1.
    8% from the previous trading day, reducing its position by 2964 lots and trading 661324 lots
    .

    Shanghai rubber

    News: 1.
    LMC and other companies expect U.
    S.
    sales to decline this year, with a small decline and a stable
    trend.
    2.
    Beijing-Tianjin-Hebei heavy truck survey: expectations are optimistic, and most dealers are optimistic about the second half of the year
    .

    In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10750-10800 (-250/-200) yuan / ton; Vietnam's 3L quotation is 11000-11100 (0/-100) yuan/ton; 15 years Thailand No.
    3 smoke 12800 (0) yuan / ton; RMB mixed rubber 10700 (+450) yuan/ton
    .
    Thai Hat Yai raw material market raw film 55.
    77 (0) baht/kg; Tai San tobacco tablets 58.
    77 (0) baht/kg; Field glue 48 (0) baht/kg; Cup glue 40 (0) baht/kg
    .
    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10750 yuan / ton (0).

    Qingdao Free Trade Zone inventories continued to decline, and heavy-duty truck sales continued to grow sharply year-on-year in June, and China's tire exports were strong, indicating that downstream demand was performing well
    .
    With the successive cutting of domestic rubber production areas, the supply of raw materials has increased, and the price of glue has fallen, but the raw materials in the production areas have not yet been released due to the weather in the early stage
    .
    Today's Shanghai rubber 1609 contract volatility retreated, short-term focus on support around 11100, it is recommended to trade
    intraday in the 11000-11700 range.

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