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Rubber futures interval

Last week, Southeast Asia Tianjiao shipped fell after the market. There are more rainfall in the main production area of Thailand, and the supply of raw materials is reduced, and the factory report is rising. The tobi tume is damaged due to damage due to domestic buyers, and the natural latex price will also go down. At the same time, the primary origin is also accelerating deterioration, Thailand, Malaysian epidemic prevention pressure is getting bigger, cutting, raw material demand,rubber paver and some factory starts have affected, the market is cautious, and the enthusiasm is not high.

 

On July 23, the natural rubber,rubber paver inventory in the last period increased by 3271 to 193,886 tons. Low-week shipping freight is low, the transportation industry is not prosperous, the whole steel tire market is poor, the consumption is sluggish, the tire factory shipments do not appear, the dealer has a big price war, leading to the limited level of profit, distribution, distribution Commercial imports remain cautious. There is no improvement in the high level of the factory finished product inventory, and the factory under high stock is universally controlled by the factories. In the case of shipping, the delivery speed of the tire export order is still lagging behind, and the overseas customers have delayed orders and shipments, resulting in a reduction in tire export orders. The overall operating rate this week is 51%.

 

The total holdings of the Shanghai glue main contract last week were funds. Technical analysis, a long average line is multi-headed, trend up, suggesting that RU2109 is much lower, 1-9 spreads are fluctuating in the range of 900 to 1300. STR20 reported $ 1700-1710 / tonne, SMR20 reported 1670-1690 US dollars / ton, 11-09 spread 235, viewpoint for reference.