July 14 - July 21 domestic natural rubber market
July 14 - July 21 domestic natural rubber market
From July 14 to 21, Shanghai jiajiao showed a strong trend. The market price of rubber has risen sharply, and the market sentiment has improved as the price of rubber has risen sharply. But the downstream enterprise in environmental protection and high temperature under the influence of factors, a slight drop in factory starts, even if the rubber prices, demand is still poor, overall pick mood is general, the downstream procurement still is given priority to with small single scattered clinch a deal. At the weekend, Shanghai jiaodong callback, the market on the sidelines is stronger, the real deal is general.
I. the general situation
1. Mainstream market quotation
All latex SCRWF in 13200 ~ 13500 yuan in 2015 (tons of price, similarly hereinafter), the latex SCRWF in 13800 ~ 14000 yuan in 2016, domestic standard glue SCR10 in 13000 ~ 13000 yuan, Vietnam standard glue SVR3L in 13100 ~ 13300 yuan, Thailand tobacco slice glue RSS3 in 16200 ~ 16500 yuan.
2. Quotation for domestic production areas
Influenced by the strength of Shanghai glue, the spot price of natural rubber market followed the futures higher. In 2017, the total latex SCRWF in yunnan region is 13300 ~ 13500 yuan, and the standard adhesive SCRWF in yunnan province is at 12500 ~ 12600 yuan in 2017.
3. External market quotation
As of July 21, Thailand tobacco flake adhesive RSS3 offer $1880 to $1890, Thailand standard glue STR20 offer $1680 to $1690, standard plastic SMR20 offer $1660 to $1680 in Malaysia, Indonesia, standard plastic SIR20 offer $1600 to $1620, Vietnam standard glue SVR3L bid $1610 to $1640.
Trade and price changes in each sales area
In north China: spot market influenced by Shanghai rubber rose sharply, the market price is higher, the weekend Shanghai callback, spot market prices decline, the market overall steady running, trading atmosphere is cold and cheerless, downstream factories still is given priority to with small single clinch a deal. Yunnan in latex SCRWF quotation of 13500 ~ 13500 yuan in 2015, 2016 in latex SCRWF quotation of 13900 ~ 14000 yuan, yunnan standard rubber SCR10 supply is tight, prices are firm and the quotation of 13100 ~ 13200 yuan, Thailand import cigarette adhesive RSS3 quotation of 16400 ~ 16500 yuan.
East China region: Shanghai glue this week high level callback, spot market price follows the price of Shanghai glue fall adjustment, drop 300 ~ 400 yuan, the market trading volume is light, real one specific discussion. Yunnan, hainan, 2015 total latex SCRWF quoted 13,500 ~ 13,700 yuan, 2016 total latex SCRWF price 13900 ~ 14000 yuan, Thailand imported smoke sheet glue RSS3 price 16300 ~ 16500 yuan.
Shandong area: affected by the weekend drop of Shanghai glue, shandong market overall quotation cut down. Yunnan in latex SCRWF quotation of 13400 ~ 13400 yuan in 2015, 2016 in latex SCRWF quotation of 13900 ~ 14000 yuan, Thailand import cigarette adhesive RSS3 quotation of 16100 ~ 16300 yuan, yunnan standard glue SCR10 quotation of 13000 ~ 13100 yuan, a single concrete discussion.
Bonded area natural rubber market, this weekend Shanghai jiaodan high correction, the dollar glue market quotation small drop $15, real single specific negotiation. The price of imported glue in the area: Thai cigarette adhesive RSS3 is quoted from 1830 to 1850, Thai standard adhesive STR20 is quoted from 1590 ~ 1600 usd, and Malaysian standard adhesive SMR20 is quoted from 1590 ~ 1600 usd.
Northeast China: natural rubber market influenced by Shanghai rubber high callback, the latex SCRWF spot market prices following futures rose before they fall, volume, market real single discussion is given priority to, quotation of 14000 ~ 14300 yuan.
In south China: affected by the futures market, Shanghai rubber high and volatile callback, the market price is falling, market buying enthusiasm is not high, the market price is steady, thin trading, Vietnam standard glue SVR3L containing 17% tax price of 13500 ~ 13700 yuan, the market real single concrete discussion.
Third, the market forecast
Shanghai rubber rose sharply this week highs after the callback, natural rubber in the spot market prices, the market price is low, downstream factory operating rate is low, the market clinch a deal, the market overall steady running, markets wait-and-see mood is still relatively strong. The overall inventory of Qingdao free trade zone is still saturated, and the inventory pressure remains.
The natural rubber market is expected to be wide open next week.