Hottest on April 2, rubber daily review spot hit a

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April 2 rubber daily review: spot record, Shanghai Rubber continued its upward trend

on April 2, Shanghai natural rubber futures opened high and fluctuated, rising slightly. The main 1009 contract opened slightly higher, and the upward trend of the futures price was blocked. Then, it was sorted out near the 5-day moving average to increase positions and volume. The contract opened at 24780 yuan/ton and closed at 24780 yuan/ton, up 115 yuan/ton from the settlement price on April 1. The trading volume was 1554770 hands and the position was 250124 hands

from the disk, At present, the Chinese name of PLA, the main producer in Southeast Asia, is polylactic acid. The supply continues to be tight, and the spot rubber price continues to rise to a record high. Supported by this, the future market of Shanghai rubber is expected to continue to fluctuate and rise.

Tokyo industrial products exchange (TOCOM) Rubber futures continued to rise on April 2, as the yen continued to weaken. The benchmark RSS3 contract opened slightly higher in September, and the futures price then continued to strengthen. It once hit an intraday high of 318.3 yen per kilogram. As of 11:30 on April 2, Beijing time, it was at 318.2 yen per kilogram, up 4.9 yen from the closing price on April 1

the latest data released by the Japan rubber trade association on April 2 showed that as of March 20, Japan's natural rubber inventory totaled 7222 tons, down 10.7% from the level of March 10. Japanese rubber inventory reached 8222 tons on February 28, "said Zhang Yunhua, the highest level since July 20, 2009. The record low level of rubber inventory reached 3902 tons on November 10 last year

the spot price of uss3 rubber in Thailand rose to 108 per kilogram on Friday (April 2) 44 baht, 1 107 per kilogram Thai baht, the spot rubber price in Thailand broke the record for the sixth consecutive trading day. Due to the shortage of rubber supply in Thailand in winter, and the dry weather made the supply worse, the volume and price of heavy futures market rose compared with yesterday; Individual large mines on the raw material side have introduced price hikes, which has frustrated the recent spot rubber market. Meanwhile, Japanese TOCOM rubber futures further boosted the spot rubber price in Thailand. A Thai trader said that Thailand's latex production was extremely low. Today, there is still no rubber supply in Surat Thani central market in Thailand. Outside the central market, the factory offered about 110 baht per kilogram. The spot price of uss3 rubber in Thailand is expected to continue to rise until the latex production returns to normal after the winter with high labor intensity

in terms of spot goods, the transaction volume in Yunnan reclamation area today was enlarged to 540 tons, and the average transaction price was 24925 yuan/ton, up 225 points from yesterday. The overall price of the external market continues to rise, with CIF port RSS3 quoted us dollars/ton and sir20 quoted us dollars/ton; The price of Qingdao free trade zone is also rising, RSS3 is quoted as USD/ton, and sir20 is quoted as USD/ton. The Shanghai rubber market continued to be weak, the upward pressure was increasing, the inventory in the domestic bonded area market fell slowly, and the supply in the spot market was normal, which was not as tight as the foreign market. At the same time, recently, the domestic market once again rumored that the State Reserve would sell rubber. If this news is true, it will be even worse for the already weak Shanghai rubber market

in terms of supply, the impact of drought in Yunnan production area is not expected to be large, but the rubber cutting is delayed, affecting the output in March. After the recent rainfall, the production area began to cut, and the rubber output basically returned to the normal level in previous years. With the substantial increase in the planting area of private rubber in recent years, there is much room for private rubber to grow. Therefore, it is still too early to say whether the total rubber production in Yunnan will decrease this year

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