Shanghai rubber short space of concern still continue down 17,000

1. Natural rubber futures

Dong Jingjiao day trading slightly higher, the benchmark contract date 1312 closing price of 242.0 yen disc / kg, compared with the previous trading settlement rose 1.3 yen.

Shanghai rubber Dikaidizou downtrend continuation, RU1401 contract opened 17,350, the lowest 17150, up 17,520, closing 17,180, down 390 points over the previous day, the day traded 721,404 hands, hand positions increased 15,064 to 202,870 hands.

2. Market valuation statistic

Kse 100 Crosses 98,000 As Buying Spree Continues

Product	July 8 Price	July 9 Price	Change	Price Change	Unit
State-owned Yunnan full latex	16700	16600	-100	-0.60%	Yuan / ton
Thailand 3 # Yan Pianjiao	16900	16700	-200	-1.18%	Yuan / ton
Vietnam 3L glue	16800	16700	-100	-0.60%	Yuan / ton
Thailand 20 # standard rubber	2260	2240	-20	-0.88%	USD / ton
Thailand 20 # standard rubber composites	2260	2240	-20	-0.88%	USD / ton

3. Rubber network pending turnover Quotes

Trading floor	Product	Time	Pending order quantity (tons)	Price (yuan / ton)	Volume (tons)	Price (yuan / ton)
Yunnan	SCRWF / full latex	Morning	120	16300	–	–
Yunnan	SCRWF / full latex	Afternoon	180	16500	–	–
Yunnan	SCR5 / 5 # standard rubber	Morning	–	–	–	–
Hainan	SCRWF / full latex	Morning	588	16895	–	–
Hainan	SCRWF / full latex	Afternoon	588	16895	–	–

4. International natural rubber outer disk

Product (August / September shipment)	Today’s price ($ / ton)	Price Change ($ / ton)
Thailand 3 smoke RSS3	2650-2680	20-20
Thailand on the 20th standard rubber STR20	2260-2300	0-0
Thailand on the 20th standard plastic composite	2260-2300	0-0
Malay 20th standard rubber SMR20	2250-2280	0-0
Malay the 20th standard plastic composite	2250-2280	0-0
Indonesia on the 20th standard rubber SIR20	2200-2240	0-0
Vietnam 10 # standard rubber SVR10	2140-2170	0-0
Vietnam 3L rubber SVR3L	2230-2260	0-0
Roundup: Shanghai rubber continued to decline, but rose slightly Dong Jingjiao solar disk, external disk market has been supported by external disk market today offer temporary stability. But expected to continue in the callback Shanghai rubber under the influence, after stabilizing the outer disk is likely to continue after a short decline.

5. Natural rubber in the domestic market

Today’s economic data released by June bearish pressure, Shanghai rubber downtrend continuation and new year low, the benchmark contract fell to 17,150 the lowest point of 1401. But by Shanghai rubber difficult to stop the decline of the influence of the spot market to follow futures fell, the intention is not to cover short positions downstream low-high, the market trading flat. As of the morning, a wholly state-owned Yunnan latex reference pricing in 16,700 yuan / ton, Hainan state full latex 16500-16600 yuan / ton; Yunnan marked two gum reference pricing in 15,500 yuan / ton; Thailand 3 # smoke film in 16700-16800 yuan / ton (17% of votes); Vietnam 3L rubber market price at 16,800 yuan / ton (17% of votes); imported barrel latex spot market reference price 13,500 yuan / ton (17% of the votes).

Qingdao Free Trade Zone	Today’s price ($ / ton)	Price Change ($ / ton)
Thailand 3 # smoke film	2520-2540	20-10
Thailand 20 # standard rubber	2240-2270	20-10
Thailand 20 # standard rubber composites	2240-2270	20-10
Indonesia 20 # standard rubber	2220-2230	10-10
Malay 20 # standard rubber	2240-2270	20-10
Malay 20 # standard rubber composites	2240-2270	20-10
Roundup: difficult to stop the decline by Shanghai rubber impact bonded offer to continue lower. RMB Mattei standard rubber compound is currently quoted at 15,800 yuan / ton, while the U.S. $ 20 or so disk offer also decline. Downstream plant demand procurement, Real Simple discuss the main transaction.

6. Comprehensive analysis and forecasts

News:

In June 1,2013, the national consumer price index rose 2.7%. Among them, the city rose 2.6% in rural areas rose 2.8%; food prices rose 4.9 percent, non-food prices rose 1.6%; consumer prices rose 2.6%, service prices rose 2.7%. In the first half, the national consumer price index rose 2.4 percent over last year.

2,2013 In June, the country’s industrial producer prices fell by 2.7%, a decline of 0.6%. Purchase of industrial producer prices fell by 2.6%, a decline of 0.5%. In the first half, industrial producer prices fell 2.2 percent, the industrial producer price fell 2.4%.

3, China’s central bank open market operations continue to be suspended today, extending last week’s “nothing” attitude, so to keep it stable and tight state funding. Zero funds due the open market this week. But Thursday the Ministry of Finance will be 50 billion yuan treasury cash deposit tender, will also play into the market liquidity effect. Earlier, the central bank in the open market has been for five consecutive weeks of net invested capital, the cumulative size of up to 351 billion yuan.

4, the International Monetary Fund Monday to eurozone officials warned that long-term sustainability of economic recession on the occasion to stop the crisis response measures, the euro zone’s financial and economic difficulties there may again increase.

5, Chinese urbanization planning a new round is being developed and is expected to introduced during the year.Faced with the current Chinese development status of urban and rural structure, new urbanization process of how to resolve the plight of farmers into the city, eliminating the “urban disease” interference, there are still many problems to be solved.

June release of economic data for the market will undoubtedly play a suppressed, PPI data continuously shows the current state of memory Zoudie the risk of deflation, Shanghai rubber new year low. The central bank open market operations continue to be suspended, although this week will inject 50 billion of liquidity, but the market is still on the funds and economic concerns. And although urbanization plan introduced during the year, but there are still a number of problems plagued urbanized city. Technically, Shanghai rubber still continue to trend downward in the short term concerns can effectively support 17,000 points.

Translated by Google Translator from http://market.cria.org.cn/25/15508.html