2.1 C
New York
Wednesday, December 8, 2021

March 12, Shanghai rubber morning down 495 to 23,500 yuan

March 11, Shanghai rubber shock fall, the main contract RU1309 fell from 155 to 23,995 yuan, a net decrease of 7.7 million hand full day’s total volume to 28.7 million contracts, a net decrease of 0.1 million hand positions to 18.9 thousand hands.

The morning of the 12th, the contract fell sharply and fell 495 to 23,500 yuan for the time being, the half-day hands with a total volume of 32.8 million, a net increase of 3.1 million hand positions to 220,000 lots.

Dong Jingjiao fell across the board -5/-8 yen, down, the near forward contracts on the price to run to the 278-294 yen zone, half-day volume of 0.6 million hand positions 2.2 million hand dull trading.

International producing areas of the spot prices were mixed, Thailand glue spot price rose by 309-312 cents / kg to 311-314 cents / kg, Thailand 20 plastic spot price from 301-304 cents / kg rose to 307-309 cents / kg, Indonesia on the 20th spot price of the standard plastic flat from 290-291 cents / kg to 290-291 cents / kg, Malaysia on the 20th spot price of the standard rubber from 300-301 cents / kg dropped to 298-299 cents / kg.

Since the goods can not be shipped out in a timely manner, in southern Thailand and Malaysia rubber factory finished goods inventory backlog, the currently near full library. If the problem can not be delivery quickly and efficiently resolved, the late rubber factory due to the limited capacity of will also have to adjust groundbreaking level. This is bound to cause more knock-on effects for some time in the future cargo shipping.

Singapore natural rubber markets fell across the board, glue the main force on the 3rd April contract fell slightly to 1.1 cents / kg to 306 cents / kg, the 20th standard rubber-active April contract fell sharply to 3.1 cents / kg to 287.4 cents / kg .

Aspects of domestic production, the Haikou trading hall pending order price of 23,950 yuan, a pending order of 105 tons, the trading floor of Kunming No pending order price and pending order quantity, No transaction price and volume. Consider the production and marketing areas bids for the relationship, although the producing areas the spot pending order price the RU1303 latest price of 23,090 yuan showed liters of water, due to weak consumption at the same time, leading to a turnover in the doldrums.

Sales areas, Shanghai, Shandong latest spot price of 23,700 yuan, 23,800 yuan, the trend is relatively stable.

The many bad pressing, Shanghai rubber sharply plummeted.

Translated by Google Translator from http://market.cria.org.cn/20/13312.html

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected

- Advertisement -

Latest Articles

Popular Articles