- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
Analysis of natural rubber market price on May 29
index
On May 29, the STR20 price index of natural rubber in the Qingdao market was US$1805/ton, up 35 or 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 |
|
|
May 29 |
15250 |
15145 |
15455 |
15445 |
16605 |
16665 |
15445 |
|
May 28 |
15000 |
14995 |
15565 |
15175 |
16325 |
16395 |
15175 |
|
rise and fall |
250 |
150 |
-110 |
270 |
280 |
270 |
270 |
|
date |
Previous period energy: NR futures (closing price) |
|||
|
NR main force |
NR01 |
NR05 |
NR09 |
|
|
May 29 |
13095 |
13390 |
13505 |
13200 |
|
May 28 |
12825 |
13130 |
13595 |
12940 |
|
rise and fall |
270 |
260 |
-90 |
260 |
spot market
Supply:
Foreign: The market price of raw cup glue in Thailand has risen to the highest level in nearly a year.
China: The market prices of raw materials in Yunnan and Hainan have increased significantly today.
|
price type |
May 28 |
May 29 |
rise and fall |
units |
||
|
raw material prices |
Thailand |
glue |
80.2 |
80.4 |
0.2 |
baht/kg |
|
cup glue |
60.65 |
61.5 |
0.85 |
baht/kg |
||
|
Yunnan |
Glue (into the dry glue factory) |
13700 |
14000 |
300 |
Yuan/ton |
|
|
rubber block |
12300 |
12500 |
200 |
Yuan/ton |
||
|
Hainan |
Glue (into the dry glue factory) |
13000 |
13000 |
0 |
Yuan/ton |
|
|
Glue (Jinnong Dairy Factory) |
15600 |
16000 |
400 |
Yuan/ton |
||
On the demand side: Semi-steel tire enterprises have started to start at a relatively high level, and some enterprises are actively scheduling orders for foreign trade snow tires, but shortages still exist; both domestic and foreign sales and shipments in the entire steel tire industry are sluggish, and the growth rate of enterprises 'inventories is accelerating, and some enterprises have plans to reduce production. In terms of market, overall shipments in the tire market are average, corporate operating pressure continues to increase, and some companies have plans to reduce their burdens.
Futures spot price list
|
price type |
May 28 |
May 29 |
rise and fall |
units |
||
|
price of finished products |
Shandong |
China All Latex |
14533 |
14583 |
50 |
Yuan/ton |
|
Qingdao |
Thailand No. 20 standard glue |
1770 |
1805 |
35 |
us dollars/ton |
|
|
Qingdao |
Thailand No. 20 mixed glue |
14225 |
14450 |
225 |
Yuan/ton |
|
|
Ningbo |
Hainan |
12100 |
12100 |
0 |
Yuan/ton |
|
|
Ningbo |
Thailand Non-Yellow Bulk |
13050 |
13150 |
100 |
Yuan/ton |
|
|
the current price difference |
Main force-Thailand No. 20 mixed glue |
950 |
995 |
45 |
Yuan/ton |
|
|
Main force-China All Latex |
642 |
862 |
220 |
Yuan/ton |
||
|
relevant exchange rate |
us dollar against the RMB |
7.2622 |
7.2647 |
0.0025 |
Yuan |
|
|
Thai Baht to RMB |
0.2052 |
0.2049 |
-0.0003 |
Yuan |
||
market outlook
The spot supply of raw materials in China is relatively tight, and market prices have maintained an upward trend, which has good support for rubber costs; today, the price of natural rubber in China has increased slightly, and the market supply is relatively tight; the downstream tire industry has accumulated more inventories and the replenishment sentiment is not high. It is expected that the short-term natural rubber market will operate in a volatile manner.
