Analysis of natural rubber market price on April 12
index
On April 12, the STR20 price index of natural rubber in the Qingdao market was US$1650/ton, down 20 or 1.2% 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
|
|
April 12
|
14900
|
14560
|
14910
|
14695
|
15765
|
14430
|
14695
|
|
April 11
|
15050
|
14750
|
15055
|
14915
|
16035
|
14645
|
14915
|
|
rise and fall
|
-150
|
-190
|
-145
|
-220
|
-270
|
-215
|
-220
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
April 12
|
11955
|
12500
|
11790
|
12230
|
|
April 11
|
12135
|
12730
|
11960
|
12380
|
|
rise and fall
|
-180
|
-230
|
-170
|
-150
|
spot market
Supply:
Foreign countries: Overseas raw material production areas have successively entered the cut-off period, and the market supply is low.
China: There is no quotation for raw materials in Yunnan, and the market price of raw materials in Hainan has increased.
|
price type
|
April 11
|
April 12
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
73.5
|
0
|
-73.5
|
baht/kg
|
|
cup glue
|
55.95
|
0
|
-55.95
|
baht/kg
|
|
Yunnan
|
Glue (into the dry glue factory)
|
12800
|
0
|
-12800
|
Yuan/ton
|
|
rubber block
|
11500
|
0
|
-11500
|
Yuan/ton
|
|
Hainan
|
Glue (into the dry glue factory)
|
14000
|
14200
|
200
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
14500
|
14700
|
200
|
Yuan/ton
|
On the demand side: Many semi-steel tyre companies have raised their offer prices, but it is a little difficult to implement actual orders, and the market trading atmosphere is relatively cold; all steel tyre companies have mostly priced their shipments based on volume, and the transaction price is negotiated on a single basis. The market supply is relatively abundant. In terms of the market, the inventory of downstream traders has increased slightly, mostly consumed inventory, and there is no large demand for stocking.
Futures spot price list
|
price type
|
April 11
|
April 12
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
13933
|
13733
|
-200
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1670
|
1650
|
-20
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
13650
|
13460
|
-190
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
11400
|
11400
|
0
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
12100
|
12100
|
0
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
1265
|
1235
|
-30
|
Yuan/ton
|
|
Main force-China All Latex
|
982
|
962
|
-20
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.2542
|
7.2542
|
0
|
Yuan
|
|
Thai Baht to RMB
|
0.2014
|
0.2027
|
0.0013
|
Yuan
|
market outlook
Thailand's raw material prices are relatively high, which provides good support for rubber costs; China's Yunnan and Hainan raw materials are affected by dry weather, and the market supply is low; today, China's natural rubber market prices have fallen within a narrow range, and the Qingdao market has been significantly de-stocked; the downstream tire and rubber products industry The demand is poor, the attitude towards raw material stocking is more cautious, and the demand side has a strong negative atmosphere. It is expected that the natural rubber market will operate weakly in the short term.
