Analysis of natural rubber market price on April 18
index
On April 18, the STR20 price index of natural rubber in the Qingdao market was US$1635/ton, which was unchanged 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 18
|
14560
|
14430
|
14640
|
14590
|
15655
|
14350
|
14590
|
|
April 17
|
14505
|
14400
|
14600
|
14560
|
15640
|
14320
|
14560
|
|
rise and fall
|
55
|
30
|
40
|
30
|
15
|
30
|
30
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
April 18
|
11700
|
12350
|
11530
|
11995
|
|
April 17
|
11740
|
12300
|
11575
|
12050
|
|
rise and fall
|
-40
|
50
|
-45
|
-55
|
spot market
Supply:
Foreign countries: Southeast Asia's raw material output is low, while Thailand's raw material prices are high and decline within a narrow range.
China: The opening of production areas in Yunnan and Hainan is not ideal, and raw material prices in Hainan continue to rise.
|
price type
|
April 17
|
April 18
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
0
|
70
|
70
|
baht/kg
|
|
cup glue
|
0
|
54.85
|
54.85
|
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)
|
14000
|
14000
|
0
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
15400
|
15700
|
300
|
Yuan/ton
|
On the demand side: The inventory in the semi-steel tire market is relatively sufficient, and most traders purchase mainly replenishment; the recent shipment performance of the all-steel tire market is average, and the market bearish atmosphere is gradually rising, and companies have certain maintenance plans to reduce burdens. In terms of market, shipments in the Chinese market dropped significantly compared with the previous month, and foreign trade exports also shrank, but there is still some overall support.
Futures spot price list
|
price type
|
April 17
|
April 18
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
13733
|
13683
|
-50
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1635
|
1635
|
0
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
13300
|
13300
|
0
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
11450
|
11350
|
-100
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
12200
|
12200
|
0
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
1260
|
1290
|
30
|
Yuan/ton
|
|
Main force-China All Latex
|
827
|
907
|
80
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.2562
|
7.2542
|
-0.002
|
Yuan
|
|
Thai Baht to RMB
|
0.2014
|
0.2006
|
-0.0008
|
Yuan
|
market outlook
Thailand's raw material prices have declined steadily, weakening support for rubber costs; China's Yunnan and Hainan production areas have low supply of raw materials, and market prices have remained high; today, China's natural rubber market prices have fallen at a high level, and market supply has decreased compared with the previous period; downstream tires and Rubber products The shipments of the industry are relatively flat, the attitude towards stocking raw materials 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.
