1. Natural rubber futures
Dongjing Jiao Dikaigaozou the benchmark 1309 contract date disk settlement price of 257.5 yen / kg, compared with the previous trading settled down 1.5 yen / kg.
The Shanghai rubber opened lower after the decline slowed down, the intraday low rebound, the main RU1309 contract opened 19,500, the lowest 19260, the highest 20060, to close at 19,730, down 645 points over the previous day, all-day turnover of 624,276 hand positions to reduce the 34,116 hand 170206 hand.
2. In the rubber network pending order, the transaction prices
|
Trading floor |
Product |
Pending order quantity (tons) |
Pending order price (yuan / ton) |
Volume (tons) |
Average transaction price (yuan / ton) |
|
Yunnan |
SCRWF / latex (AM) |
397 |
20875 |
– |
– |
|
Yunnan |
SCRWF / latex (PM) |
192 |
20938 |
– |
– |
|
Hainan |
SCR5 / 5 #standard rubber (PM) |
– |
– |
– |
– |
|
Hainan |
SCRWF / latex (AM) |
240 |
19922 |
105 |
20050 |
|
SCRWF / latex (PM) |
210 |
19825 |
105 |
19950 |
3. Natural rubber international outer disk
|
Products (4 / May shipment) |
Today’s prices ($ / ton) |
Change ($ / ton) |
|
Thailand 3 smoke RSS3 |
Entertained |
0-0 |
|
Thailand 20 standard STR20 |
Entertained |
0-0 |
|
Thailand 20 composite standard rubber |
Entertained |
0-0 |
|
The Malay 20 standard SMR20 |
Entertained |
0-0 |
|
The Malay 20 composite standard rubber |
Entertained |
0-0 |
|
Indonesia on the 20th standard rubber SIR20 |
Entertained |
0-0 |
|
The Vietnam 10 # standard rubber SVR10 |
Entertained |
0-0 |
|
Vietnam 3L rubber SVR3L |
Entertained |
0-0 |
|
Roundup: to Thailand Songkran holidays, as well as Shanghai rubber futures continued substantial decline, the futures market was entertained at domestic customers fixing cautious, waiting for prices to stabilize . |
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4. Natural rubber in the domestic market
The impact of futures continued to drop and the spot market today offer rare, in some areas continue to show entertained reported. Downstream plant wait and see mood, market purchases are not enthusiastic to arrange the procurement of small quantities according to their own production for two days to take the goods difficulties, according to the business feedback.Also have heard some factories USD disc cover their short positions yesterday traded at $ 2,480 / ton, estimated today transaction price could fall to the magnitude of 2430 U.S. dollars / ton. Today’s state-owned Yunnan latex reported 19500-19600 yuan / ton, the private plastic reported 19,300 yuan / ton; Hainan state latex reported 19,500 yuan / ton; Yunnan marked the second rubber reported 18100-18300 yuan / ton, Vietnam 3L glue tax at 19000-19500 yuan / ton, Thailand 3 # Yan Pianjiao reported 19300-19500 yuan / ton.RMB Thailand and Malaysia on the 20th the composite standard rubber at 18000-18200 yuan / ton.
|
Qingdao Free Trade Zone |
Today’s prices ($ / ton) |
Change ($ / ton) |
|
Thailand 3 # smoke film |
2730-2770 |
110-100 |
|
The Thailand 20 # standard rubber |
2450 |
50 |
|
The Thailand 20 # composite standard rubber |
2450 |
50 |
|
The Indonesia 20 # standard rubber |
2400 |
50 |
|
The Malay 20 # standard rubber |
2450 |
50 |
|
The Malay 20 # composite standard rubber |
2450 |
50 |
|
Roundup: Free Trade Zone, the Neima Tai composite standard rubber reported 18,000 yuan / ton, although futures fell sharply rebounded, but today offer in the region continued to decline, Real Simple discuss the main transaction. Heard yesterday Mattei standard rubber spot a single transaction in the 2470-2480 U.S. dollars / ton, some factories and businesses low to cover short positions. The whole plant strong emotional watching, waiting for prices to stabilize. |
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(Note: The domestic market prices am quote, USD glue are offer)
5. Comprehensive analysis and forecasts
News:
1. Has taken measures to support the global rubber prices have little effect, Indonesia, the world’s second largest rubber producing countries called for its companion, Thailand and Malaysia abandoned Southeast Asia Rubber Agreement.
2. Basically plant in Thailand from April 13 -16, 2011 to stop the acquisition of raw materials. Weather, the recent Thailand began to above normal rainfall, south of the main rubber producing areas of heavy rainfall conducive to future restoration tapping. Last week the Tema rubber meeting of the three countries, Indonesia on April 12, Vice Minister of Agriculture, Thailand, the Thai government plan for the acquisition of natural rubber to the end of the end of March 30, Thailand will be reduced by 10% the amount of rubber exports to support rubber prices . Resume tapping in June, the government will audit the rubber purchase program.
3. Japanese Central Bank President Haruhiko Kuroda said on Tuesday premature to discuss the end of large-scale central bank easing, the Japanese economy is not out of the shadow of deflation.
4. China’s National Bureau of Statistics, China’s first quarter gross domestic product (GDP) growth of 7.7% over the same period last year, the growth rate is lower than 7.9% in the fourth quarter of 2012. In March, total retail sales of consumer goods up 12.6 percent, lower than the growth rate of 15.2% in the end of 2012. Industrial added value growth slowed in March, the performance of these began in late 2012, the recovery process may be losing momentum.
Shanghai rubber the continuous slump, today has been recovered from the bottom.Technical above, the KDJ line small upward trend Guaitou. Continuous sharp decline in the resilience of the spot market, has been a significant loss in the hands of traders hold stocks of cost. However, the current market oversupply situation will exist for a long time, SMEs lack of orders directly affect the effective digestion of the goods on the market.Estimated Shanghai rubber drop in a row, may fall into a narrow range consolidation trend, the operating range in the short term may be about 19500-20000. After a short-term consolidation, by the repression of the supply and demand side rubber prices continued downward possible.
Translated by Google Translator from http://market.cria.org.cn/25/13993.html
