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    Home > Chemicals Industry > New Chemical Materials > The Shanghai rubber market increased its positions and the center of gravity rose further

    The Shanghai rubber market increased its positions and the center of gravity rose further

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    On Thursday, the Shanghai rubber market increased its position to the upside
    .
    The main 1609 contract of Shanghai rubber closed at 11630 yuan / ton, up 1.
    39% from the previous trading day, increasing its position by 4070 lots and trading 761156 lots
    .

    Shanghai rubber

    Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10700 yuan / ton (-50).

    News: 1.
    Cambodia's rubber exports (11575, 0.
    00, 0.
    00%) in the first half of 2016 increased by 20% year-on-year
    .
    2.
    Thai media: Sinochem Group delayed delivery for many months, and rubber farmers could not afford
    to be injured.
    3.
    As of June 30, rubber stocks in Japanese ports fell by 10%.

    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, the center of gravity of the Shanghai rubber 1609 contract has further risen, focusing on the pressure around 11850 in the short term, and it is recommended to trade
    in the 11400-11850 range.

     

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    Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
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    Responsible editor: Wu Qinshu
    Responsible editor: Wu Qinshu
    Responsible editor: Wu Qinshu
    Previous:Shanghai rubber range oscillation high short selling
    Previous:Shanghai rubber range oscillation high short selling
    Shanghai rubber range oscillation high short sellingAnalysis of the trend of the average price of national standard rubber in the first half of 2016
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  • [2022-07-25]Shanghai rubber prices hit a new low in the year, and there is a high possibility of continued volatility
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