Analysis of natural rubber market price on March 13
index
On March 13, the STR20 price index of natural rubber in the Qingdao market was US$1625/ton, up 5 or 0.3% from yesterday.
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
|
|
on March 13
|
14135
|
14090
|
14255
|
14200
|
15520
|
14200
|
14385
|
|
March 12
|
14095
|
14010
|
14270
|
14135
|
15380
|
14135
|
14280
|
|
rise and fall
|
40
|
80
|
-15
|
65
|
140
|
65
|
105
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
on March 13
|
11825
|
12095
|
11825
|
12000
|
|
March 12
|
11765
|
11955
|
11765
|
11935
|
|
rise and fall
|
60
|
140
|
60
|
65
|
spot market
Supply:
Foreign countries: Global rubber has entered low-producing areas, Thailand's raw material output has shrunk, and market prices have remained high.
China: China is still in the cut-off period, and there is no supply of goods in Yunnan and Hainan.
|
price type
|
March 12
|
on March 13
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
75.8
|
77
|
1.2
|
baht/kg
|
|
cup glue
|
55.03
|
55.3
|
0.27
|
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)
|
0
|
0
|
0
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
0
|
0
|
0
|
Yuan/ton
|
On the demand side: The overall capacity utilization rate of the semi-steel tire industry continues to be high, and transactions in the market for some models of tires are in full swing, and enterprises are actively scheduling production; the start-up situation and inventory of enterprises in the entire steel tire industry show certain differences. The overall operation of large enterprises is good, and some small and medium-sized enterprises have fewer new orders signed, low start-up, and accumulated inventories. In terms of the market, the overall performance of semi-steel tires is strong, and some companies are eager to increase prices; the overall performance of all-steel tires is weak, and the price policy is stable.
Futures spot price list
|
price type
|
March 12
|
on March 13
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
13383
|
13433
|
50
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1620
|
1625
|
5
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
13030
|
13060
|
30
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
11600
|
11600
|
0
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
12700
|
12700
|
0
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
1105
|
1140
|
35
|
Yuan/ton
|
|
Main force-China All Latex
|
752
|
767
|
15
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.1931
|
7.2036
|
0.0105
|
Yuan
|
|
Thai Baht to RMB
|
0.2063
|
0.2051
|
-0.0012
|
Yuan
|
market outlook
China's raw material production areas are still in the cut-off period, and there is no supply in the market. Global rubber has entered a low-production area. Thailand has been affected by severe weather, and raw material output has continued to decline, and tight goods and prices have increased, which has a strong support for rubber costs; Today, China's natural rubber market prices have fallen and risen, and new market orders have been sold lukewarm; the overall downstream tire industry has started at a high level, but it lacks a certain positive boost. Market shipments will be difficult to increase in the short term. It is expected that the natural rubber market will operate steadily in the short term.
