Disk situation: RU2001 reduced the volume and shortened the price. The day closed at 11970, compared with the previous trading day -1.56%; trading volume 439094, positions 307066, -13432; basis -520, -15; Ru1-5 month spread -180, -20. Nr2002 closed at 10165 on the same day, +0% from the previous trading day; volume 11496, position 30466, +344; basis -609, -44; nr2-5 spread -215, -20.
News: 1. China imported 500,000 tons of natural and synthetic rubber (including latex) in October. 2. Imports of US tires from China continued to decline in the same period last month. 3. According to Longzhong information statistics, this week’s semi-steel tires started at 67.76%, up 0.36% from the previous month and up 0.26% year-on-year. This week, all steel tires started at 67.24%, down 0.46% from the previous month and down 6.56% from the same period last year.
Market price: Shanghai market 18-year state-owned whole milk (cloud elephant) quoted at 11450 (-150) yuan / ton; Vietnam 3L offer 11300 (-100) yuan / ton; Thailand No. 3 tobacco sheet 14100 (-150) yuan / ton Yunnan 19 years full latex 11350 (+0) yuan / ton. Thailand’s Hat Yai raw materials market raw film 38.1 (+0) baht / kg; Thai three smoke tablets 39.95 (+0.05) baht / kg; field glue 38.3 (+0.3) baht / kg; 32.5 (-0.5) baht / kg.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase 1350 (+0) US dollars / ton; SIR20 Qingdao Bonded Area warehouse warehouse price increase 1350 (+0) US dollars / ton; STR20 Qingdao Bonded Area warehouse warehouse price increase 1365 (+0) US dollars / ton. Synthetic rubber: The market price of styrene-butadiene rubber 1502 in Qilu Petrochemical Co., Ltd. in East China is 10,600 (+200) yuan/ton; the market price of butadiene rubber is 10,800 (+200) yuan/ton.
Warehouse receipt inventory: ru warehouse receipts 433,300 tons, +1010 tons; nr warehouse receipts 0 tons.
Main positions: ru2001 top 20 long positions 69421, -1672; short positions 104057, -2142. Both long and short are reduced, and the clearance is reduced.
At present, the production areas at home and abroad are in the rubber cutting period. Although the recent increase in rainfall in Thailand affects production, with the arrival of the strong supply period, the supply pressure in the future is still relatively large. Recently, the construction of Shandong tire enterprises has been stable overall. At present, it is in the stage of environmental protection and inspection in autumn and winter. The start-up of enterprises will be affected from time to time, and short-term tire manufacturers will start or stabilize. In the terminal market, heavy truck sales continued to improve. Near the end of the year, the elimination policy of diesel trucks of the national three and below stimulated the demand for new cars in the heavy truck market, which supported the consumption of natural rubber.
Technically, the main contract of rubber 2001, on the daily line, after getting some support at 11400 points, the bulls tried to oscillate upwards, and the pace was relatively stable. Under the support of the moving average, the bulls were still visiting, although trying to push the high point down, However, it has not been able to keep up the pace of the bullish trend. It is recommended to support the line above and try to get more bargains.
Translated by Google Translator from http://www.cria.org.cn/newsdetail/51627.html