91,511
February 7, 2024, 4:25 PM
index
On February 7, the STR20 price index of natural rubber in the Qingdao market was US$1535/ton, down US$5/ton from the previous trading day, or 0.32%.
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
|
|
February 7
|
13345
|
13225
|
13350
|
13240
|
14370
|
13240
|
13375
|
|
February 6
|
13370
|
13330
|
13435
|
13355
|
14445
|
13355
|
13485
|
|
rise and fall
|
-25
|
-105
|
-85
|
-115
|
-75
|
-115
|
-110
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
February 7
|
11010
|
11450
|
11075
|
11195
|
|
February 6
|
11140
|
11450
|
11190
|
11180
|
|
rise and fall
|
-130
|
0
|
-115
|
15
|
spot market
Supply:
Foreign countries: The production situation in southern Thailand has been affected, which supports raw materials to remain firm to a certain extent and strong cost support.
China: China's production areas have entered a cut-off period, and raw material prices are not available.
|
price type
|
February 6
|
February 7
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
66.5
|
66.6
|
0.1
|
baht/kg
|
|
cup glue
|
51.4
|
51.3
|
-0.1
|
baht/kg
|
|
Yunnan
|
Glue (into the dry glue factory)
|
--
|
--
|
--
|
Yuan/ton
|
|
rubber block
|
--
|
--
|
--
|
Yuan/ton
|
|
Hainan
|
Glue (into the dry glue factory)
|
--
|
--
|
--
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
--
|
--
|
--
|
Yuan/ton
|
Demand: Recently, some semi-steel tire enterprises have gradually entered the final stage, and most of them will suspend production around the 28th of the twelfth lunar month. Some first-line brand enterprises have started operations normally to meet the demand for foreign trade orders. Overall, the number of maintenance companies has gradually increased, and the overall construction in the industry will continue to decline.
Futures spot price list
|
price type
|
February 6
|
February 7
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
12583
|
12533
|
-50
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1540
|
1535
|
-5
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
12220
|
12180
|
-40
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
11200
|
11200
|
0
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
12400
|
12400
|
0
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
1135
|
1060
|
-75
|
Yuan/ton
|
|
Main force-China All Latex
|
772
|
707
|
-65
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.2136
|
7.2026
|
-0.011
|
Yuan
|
|
Thai Baht to RMB
|
0.2053
|
0.2065
|
0.0012
|
Yuan
|
market outlook
As China approaches the Spring Festival holiday, supply speculation before the year was basically absorbed by the market, and the logic of market transactions points to the demand side. However, as the Spring Festival approaches, most downstream factories have entered a holiday state. The market trading atmosphere is weak, and market expectations are strong after the holiday. For several consecutive days, expectations may be raised in a narrow range.
