Analysis of natural rubber market price on April 15
index
On April 15, the STR20 price index of natural rubber in the Qingdao market was US$1650/ton, which was unchanged from the previous working day.
market analysis
futures market
|
date
|
Previous period: RU Futures
|
|
main contract
|
closing price
|
|
opening price
|
Low-end price
|
High-end price
|
closing price
|
RU01
|
RU05
|
RU09
|
|
April 15
|
14725
|
14625
|
14825
|
14710
|
15815
|
14445
|
14710
|
|
April 12
|
14900
|
14560
|
14910
|
14695
|
15765
|
14430
|
14695
|
|
rise and fall
|
-175
|
65
|
-85
|
15
|
50
|
15
|
15
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
April 15
|
11950
|
12570
|
11770
|
12225
|
|
April 12
|
11955
|
12500
|
11790
|
12230
|
|
rise and fall
|
-5
|
70
|
-20
|
-5
|
spot market
Supply:
Foreign countries: Thailand's raw material output continues to decline due to the drought, and market prices continue to be high.
China: There is no quotation for raw materials in Yunnan, and prices of raw materials in Hainan are mixed.
|
price type
|
April 12
|
April 15
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
0
|
0
|
0
|
baht/kg
|
|
cup glue
|
0
|
0
|
0
|
baht/kg
|
|
Yunnan
|
Glue (into the dry glue factory)
|
0
|
0
|
0
|
Yuan/ton
|
|
rubber block
|
0
|
0
|
0
|
Yuan/ton
|
|
Hainan
|
Glue (into the dry glue factory)
|
14200
|
14000
|
-200
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
14700
|
15000
|
300
|
Yuan/ton
|
On the demand side: The operating rate of semi-steel tire enterprises declined slightly compared with last week, increasing within a narrow range compared with the same period last year, and the market spot inventory increased; the operating rate of all-steel tire enterprises increased within a narrow range compared with last week, declining from the same period last year, and the market spot inventory increased. In terms of the market, the operating rate of downstream tire companies continues to be high and volatile, but the overall shipment volume is average, and the phenomenon of market accumulation has increased.
Futures spot price list
|
price type
|
April 12
|
April 15
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
13733
|
13833
|
100
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1650
|
1650
|
0
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
13460
|
13480
|
20
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
11400
|
11350
|
-50
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
12100
|
12100
|
0
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
1235
|
1230
|
-5
|
Yuan/ton
|
|
Main force-China All Latex
|
962
|
877
|
-85
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.2542
|
7.255
|
0.0008
|
Yuan
|
|
Thai Baht to RMB
|
0.2027
|
0.2012
|
-0.0015
|
Yuan
|
market outlook
Overseas raw material prices remain high, which has strong support for rubber costs; raw materials in Yunnan, China are affected by dry weather, and the market supply is low, while prices in Hainan production areas remain high; prices in China's natural rubber market are volatile today, and the spot market transactions are relatively flat; The demand in the downstream tire and rubber products industry is poor, and the attitude towards stocking raw materials is more cautious. The negative atmosphere on the demand side is strong. The natural rubber market is expected to operate weakly in the short term.
