The hottest rubber daily review on August 26 focus

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Rubber daily review on August 26: pay attention to the upward position increase of Shanghai Rubber in surrounding markets

on August 26, the 1001 contract of Shanghai Tianjiao futures closed at 18765 yuan/ton, up 1.35%. Crude oil prices fell sharply in the morning, but the U.S. consumer confidence index may be more influential. The economic situation continues to improve, promoting the consumption of natural rubber, which helps the natural rubber market resist the recent pressure of the Chinese government's monetary policy, and the futures market is expected to stabilize

on the disk, the main contract of Shanghai Jiaotong Rubber Co., Ltd. increased its positions significantly on Wednesday, with strong market rebound momentum and a good overall upward trend. However, the pressure at the upper 19000 integer level still reduces the weight of the car itself, which is a very reliable way. In the short term, we still need to pay attention to the trend of surrounding markets and whether the market can successfully break through the pressure

in terms of crude oil, crude oil futures on the New York Mercantile Exchange (NYMEX) rose and fell during the Asian electronic trading session on the 26th, due to the report of the American Petroleum Association showing that U.S. crude oil inventories rose in recent weeks. As of 15:15 Beijing time, NYMEX October crude oil futures rose 6 cents to $72.11/barrel. Ice October Brent crude oil futures rose 12 cents to $71.94 a barrel. Analysts pointed out that "energy inventories are still at a high level. In view of the increase in inventories, market participants are not optimistic about the trend of oil prices in the fourth quarter." According to the report released by the American Petroleum Association on the 25th, as of August 21, U.S. crude oil inventory increased by 4.35 million barrels, gasoline inventory decreased by 1.8 million barrels, and distillate oil inventory decreased by 146000 barrels. Before the full implementation of ISO9001:2000 quality management system, investors' focus turned to the weekly energy inventory report stipulated in the Guidance Opinions of the U.S. Department of energy, which will be released on the 26th. According to the survey report conducted by analysts, it is expected that the U.S. crude oil inventory will drop by 1.6 million barrels, gasoline inventory will drop by 1.1 million barrels, distillate oil inventory will increase by 200000 barrels, and it is expected that the operating rate of refineries will rise by 0.2 percentage points, To 84.2%

basically, the production of natural rubber has reached 12% recently The National Association of China said that in the year ended July 2009, the global supply of natural rubber was estimated to be 4.6% lower than that in 2008. In the first half of 2009, the export of natural rubber in Thailand decreased by 147000 tons, or 11%, and the export of rubber in Malaysia decreased by 162000 tons, or 32%. In addition, investors need to focus on the progress of the U.S. tire warranty case against China in the near future. U.S. President Barack Obama will decide whether to implement special safeguard measures for imported Chinese tires at the latest on September 17

in terms of spot, Tuesday's external quotation was not affected by the decline of futures. RSS3 was quoted in US dollars/ton and printed in US dollars/ton. The price in the bonded area in the domestic market has stabilized as a whole, with active buying. RSS3 is quoted in US dollars/ton, and the printed label is quoted in US dollars/ton. Indonesian glue is affected by the production stoppage in Ramadan, and the supply of goods tends to be less. The unit price in the reclamation area market was basically the same as yesterday, with Yunnan market reporting 17814 yuan/ton and Hainan reporting 18150 yuan/ton

on the whole, the current spot rubber price has remained strong due to tight supply, and under the influence of automobile stimulus measures in various countries, automobile manufacturers have expanded production capacity, but the rubber output and export volume of the main producing countries were declining in 2009, so the future market of Shanghai rubber is expected to continue to rise

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