Analysis of natural rubber market price on August 16
index
On August 16, the STR20 price index of natural rubber in the Qingdao market was US$1335/ton, which was stable from the previous trading 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
|
|
August 16
|
12785
|
12725
|
12815
|
12755
|
12755
|
12755
|
11765
|
|
the 15th day of the 8th
|
12830
|
12775
|
12845
|
12805
|
12805
|
12820
|
11825
|
|
rise and fall
|
-45
|
-50
|
-30
|
-50
|
-50
|
-65
|
-60
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
August 16
|
9405
|
9560
|
9780
|
9330
|
|
the 15th day of the 8th
|
9450
|
9585
|
9780
|
9380
|
|
rise and fall
|
-45
|
-25
|
0
|
-50
|
spot market
Supply:
Foreign countries: There are still disturbances in rainfall and weather in foreign production areas, the volume of raw materials has been blocked, and raw material prices have increased within a narrow range.
China: Yunnan's production areas in Hainan are basically in a stage of steady increase in volume. The rainfall has moderated and raw material prices have remained relatively low. Recently, the rainfall in Hainan production areas has been relatively frequent. It is heard that the actual rubber prices received by processing plants are high.
|
price type
|
the 15th day of the 8th
|
August 16
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
41.7
|
41.9
|
0.2
|
baht/kg
|
|
cup glue
|
37.8
|
37.85
|
0.05
|
baht/kg
|
|
Yunnan
|
Glue (into the dry glue factory)
|
10500
|
10500
|
0
|
Yuan/ton
|
|
rubber block
|
9400
|
9400
|
0
|
Yuan/ton
|
|
Hainan
|
Glue (into the dry glue factory)
|
10500
|
10500
|
0
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
10500
|
10500
|
0
|
Yuan/ton
|
Demand: Supported by foreign trade orders, the company's capacity utilization rate has remained high. Recently, foreign trade shipments have been concentrated, and the company's overall inventory has dropped slightly. The production capacity of semi-steel tires is insufficient, and the overall supply is tight. The current order submission situation for snow tires is average, and the wait-and-see attitude in the downstream market remains unchanged. Currently, companies are concentrating on scheduling foreign trade orders, and the phenomenon of shortage in the domestic market has not changed significantly.
Futures spot price list
|
price type
|
the 15th day of the 8th
|
August 16
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
11800
|
11700
|
-100
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1335
|
1335
|
0
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
10520
|
10520
|
0
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
8200
|
8225
|
25
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
9100
|
9150
|
50
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
2285
|
2235
|
-50
|
Yuan/ton
|
|
Main force-China All Latex
|
1005
|
1055
|
50
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.2958
|
7.3108
|
0.015
|
Yuan
|
|
Thai Baht to RMB
|
0.2135
|
0.2132
|
-0.0003
|
Yuan
|
market outlook
China's major production areas have recently experienced disturbances in phenological conditions such as weather. The output of raw materials has been limited. Pressure on the supply side has not yet been highlighted. In the short term, raw materials still provide support for the price side. Although the construction of downstream product companies has maintained a high level at present, they still continue to focus on just needed purchases after actual purchases. No obvious demand highlights have yet appeared. The contradiction between supply and demand has not yet intensified. In the short term, the market is mainly in a narrow range of fluctuations.
