1. Natural rubber futures
Dong Jingjiao highs decline slowed, the main contract 1408 closing 233.8 yen, down 0.7 yen the previous day’s turnover of 4010 hands.
Shanghai continuation of the trend of decline, the main RU1409 contract opened 15,015, the lowest 14,875, up 15,195, closing 14,915, down 385 points over the previous day, the settlement in 15050. 834,860 transactions a day, hand positions to reduce the 4354 hand to 224,518 hands.
2. Market valuation statistics
|
Product |
March 17 prices |
March 18 prices |
Change |
Price Change |
Unit |
|
Yunnan state full latex |
14700 |
14500 |
-200 |
-1.36% |
Yuan / ton |
|
Thailand 3 # Yan Pianjiao |
15100 |
14900 |
-200 |
-1.32% |
Yuan / ton |
|
Vietnam 3L glue |
15000 |
14800 |
-200 |
-1.33% |
Yuan / ton |
|
Thailand 20 # standard rubber |
1850 |
1830 |
-20 |
-1.08% |
USD / ton |
|
Thailand 20 # standard rubber compound |
1850 |
1830 |
-20 |
-1.08% |
USD / ton |
Shanghai continuation of the trend of decline, the domestic spot market price with the fall. Currently offer premium full latex 1405 the rate has slowed, factory watching the atmosphere is clear that a larger market shipments pressure. While the latter affected futures, valuation is still declining trend.
3. In the rubber network pending, transaction prices
|
Trading floor |
Product |
Time |
Pending order quantity (tons) |
Price (yuan / ton) |
Volume (tons) |
Price (yuan / ton) |
|
Yunnan |
SCRWF / full latex |
Morning |
60 |
15800 |
– |
– |
|
Yunnan |
SCRWF / full latex |
Afternoon |
– |
– |
– |
– |
|
Yunnan |
SCR5 / 5 # standard plastic |
Morning |
– |
– |
– |
– |
|
Hainan |
SCRWF / full latex |
Morning |
– |
– |
– |
– |
|
SCRWF / full latex |
Afternoon |
– |
– |
– |
– |
4. International natural rubber outer disk
|
Product (April / May shipment) |
Today’s price ($ / ton) |
Change ($ / ton) |
|
Thailand 3 smoke RSS3 |
2260-2300 |
0-0 |
|
Thailand 20 standard rubber STR20 |
1980-2010 |
10-10 |
|
Thailand 20 standard plastic composite |
1980-2010 |
10-10 |
|
Malay the 20th standard rubber SMR20 |
1970-2000 |
0-0 |
|
Malay 20 standard plastic composite |
1970-2000 |
0-0 |
|
Indonesia 20 standard rubber SIR20 |
1930-1960 |
20-20 |
|
Vietnam 10 # standard rubber SVR10 |
1880-1910 |
30-30 |
|
Vietnam 3L glue SVR3L |
2110-2140 |
40-40 |
|
Summary: Due to rising raw material market in Thailand and Dong Jingjiao smaller decline in the influence of external disk market offer relatively strong. But the outer disk prices and domestic spot prices upside down by a big margin, domestic fixing cautious. |
||
5. Natural rubber in the domestic market
Shanghai continuation of the trend of decline, down to near 15,000 points, the benchmark contract closed at 14,915 points 1409, settlement with 15050 points. The spot, follow the futures market declines, businesses offer a general decline in the current issue of Vietnam 3L prices due to supply of goods is relatively strong, but the plant is limited buying interest, market trading atmosphere dull. As of the morning, I heard a wholly state-owned Yunnan latex reference quoted in 14600-14800 yuan / ton, Hainan state whole milk 14600-14700 yuan / ton; Yunnan standard two plastic reference quoted in 13900-14000 yuan / ton; Thailand 3 # smoke film offer between 15000-15200 yuan / ton, Vietnam 3L offer in 15000-15200 yuan / ton; imported bottled latex spot market reference price at 11700-11900 yuan / ton (17% of the votes).
|
Qingdao Free Trade Zone |
Today’s price ($ / ton) |
Change ($ / ton) |
|
Thailand 3 # smoke film |
2140-2150 |
30-20 |
|
Thailand 20 # standard rubber |
1840-1860 |
10-20 |
|
Thailand 20 # standard rubber compound |
1840-1860 |
10-20 |
|
Indonesia 20 # standard rubber |
1800-1800 |
10-10 |
|
Malay 20 # standard rubber |
1840-1860 |
10-20 |
|
Malay 20 # standard rubber compound |
1840-1860 |
10-20 |
|
Summary: Today Bonded offer a continuation of the trend of decline, the composite offer in 12700-12800 yuan yuan / ton. Yesterday dollar spot turnover 1840-1850 / ton, RMB composite 12800-12900 yuan / ton. Factory sentiment evident enthusiasm procurement market is limited, the real single transaction negotiations. |
||
6. Somprehensive analysis and forecast
News:
1, according to the British “Financial Times.” The People’s Bank of China and the nation’s largest banks are emergency relief deliberated matters of real estate developers default.
2, the Chinese Ministry of Commerce on Tuesday released data show that from January to February, 2014, the actual use of foreign investment $ 19.31 billion, an increase of 10.44%. Which services over half of FDI inflow.
3, the industry said on Tuesday, China’s central bank open market today will be 100 billion yuan of 28-day repurchase operations. On Tuesday and Thursday the central bank conducted a total of 100 billion yuan in each of two periods of 28 days on the open market repurchase operations, the successful rate were unchanged at 4.0%, while net return Week 40 billion yuan of funds.
4, China February 70 cities housing prices continue to fall rally, new home price rose 8.19%, up 0.27%; limited credit measures and concerns about the backlog of housing further curb housing demand.
Shanghai continuation of the trend of decline, once again fall to 15,000 points position. On recent market factors look bearish bias may continue to shrink to $ 55 billion a month QE Fed meeting this week; domestic front, the issue of debt and credit default renewed attention, market presence fears; Week March HSBC PMI The initial announcement, expected still optimistic; while spot, die hard, poor downstream demand oversupply situation of SMEs, the spot is difficult to effectively promote digestion, to change the existing supply and demand pattern. Expects to continue down the space Shanghai still possible impending early lows after the fall of 15000 platform.
Translated by Google Translator from http://market.cria.org.cn/25/19755.html
