Analysis of natural rubber market price on May 13
index
On May 13, the STR20 price index of natural rubber in the Qingdao market was US$1610/ton, down 10 or 0.6% from the previous working 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
|
|
May 13
|
14115
|
14070
|
14410
|
14405
|
15505
|
14040
|
14405
|
|
May 10
|
14250
|
14120
|
14305
|
14130
|
15220
|
13845
|
14130
|
|
rise and fall
|
-135
|
-50
|
105
|
275
|
285
|
195
|
275
|
|
date
|
Previous period energy: NR futures (closing price)
|
|
NR main force
|
NR01
|
NR05
|
NR09
|
|
May 13
|
11980
|
12415
|
11600
|
12155
|
|
May 10
|
11685
|
12155
|
11420
|
11840
|
|
rise and fall
|
295
|
260
|
180
|
315
|
spot market
Supply:
Foreign countries: The overseas rubber tapping process is slow, and market supply is slow to improve.
China: Rainfall is coming in Hainan and Yunnan, and raw material output is slowly increasing.
|
price type
|
May 11
|
May 13
|
rise and fall
|
units
|
|
raw material prices
|
Thailand
|
glue
|
0
|
75
|
75
|
baht/kg
|
|
cup glue
|
0
|
55.8
|
55.8
|
baht/kg
|
|
Yunnan
|
Glue (into the dry glue factory)
|
13300
|
13400
|
100
|
Yuan/ton
|
|
rubber block
|
11800
|
11800
|
0
|
Yuan/ton
|
|
Hainan
|
Glue (into the dry glue factory)
|
13000
|
13000
|
0
|
Yuan/ton
|
|
Glue (Jinnong Dairy Factory)
|
14000
|
14000
|
0
|
Yuan/ton
|
On the demand side: Both domestic and foreign sales and shipments in the semi-steel tire market have slowed down, and spot inventories have shown a growth trend; the production load of most all-steel tire companies has not returned to a high level, and the demand in the replacement market has not performed well, and some companies have maintained low production. In terms of the market, the operating rates of tire companies are falling and rising, the downstream buying mood is average, and traders mostly maintain a wait-and-see attitude.
Futures spot price list
|
price type
|
May 11
|
May 13
|
rise and fall
|
units
|
|
price of finished products
|
Shandong
|
China All Latex
|
13383
|
13483
|
100
|
Yuan/ton
|
|
Qingdao
|
Thailand No. 20 standard glue
|
1620
|
1610
|
-10
|
us dollars/ton
|
|
Qingdao
|
Thailand No. 20 mixed glue
|
13220
|
13160
|
-60
|
Yuan/ton
|
|
Ningbo
|
Hainan
|
10900
|
11300
|
400
|
Yuan/ton
|
|
Ningbo
|
Thailand Non-Yellow Bulk
|
12200
|
12250
|
50
|
Yuan/ton
|
|
the current price difference
|
Main force-Thailand No. 20 mixed glue
|
910
|
1245
|
335
|
Yuan/ton
|
|
Main force-China All Latex
|
747
|
922
|
175
|
Yuan/ton
|
|
relevant exchange rate
|
us dollar against the RMB
|
7.2447
|
7.2507
|
0.006
|
Yuan
|
|
Thai Baht to RMB
|
0.2036
|
0.2036
|
0.0000
|
Yuan
|
market outlook
The process of tapping rubber in raw material production areas at home and abroad is slow, the supply of new rubber in the market continues to be low, and market prices remain high, which provides reasonable support for rubber costs; today, the price of China's natural rubber market has risen significantly, and the supply of China's ports remains tight; The downstream tire industry The circulation of supply in the replacement market is slow, and most companies have maintained stable start-up and operations. The procurement of raw materials is only just needed. The natural rubber market is expected to operate weakly in the short term.
