Last Friday (May 2 1 day), the main natural rubber futures contract of Shanghai Futures Exchange (SHFE) opened at 2 1 ton and closed at 2 1 ton and 6 10 yuan/ton, which was 370 yuan/ton lower than the settlement price on May 20.
On May 20th, the spot price of rubber in Asia remained stable. Due to the political turmoil, the Thai market was quiet. Thailand's No.3 cigarette gum RSS3 delivered in March reported 360-370 cents per kilogram, and 19 reported 320-365 cents per kilogram. Thai tire-grade standard rubber STR20 shipped in June/July is quoted at 298-299 cents per kilogram, and 19 is quoted at 295-300 cents per kilogram.
Due to the blocking of rubber tapping process, the arrival of rubber continued to slow down. On May 20th, the spot price of USS3 rubber in Thailand continued to rise to 105- 107.59 baht/kg.
Tokyo rubber futures Puyue 2 1 fell in early trading, which was dragged down by the sharp decline of US stocks and the weakening of crude oil. The benchmark 65438+ 10 RSS3 contract opened slightly higher in early trading, and the futures price continued to fluctuate downward. It once hit an intraday low of 256 yen, and reported 262.5 yen/kg at 2 1 day 10: 20 Beijing time, which was lower than the closing price on May 20th 1.3 yen.
In terms of crude oil, new york Trade Futures Exchange (NYMEX) crude oil futures closed down on May 20th, dragged down by economic worries in the euro zone and high crude oil storage in the United States. In June, the light natural rubber low-sulfur crude oil futures contract closed down 1.86 USD to 68.0438+0 USD per barrel, and the contract expired on the same day. July contract closed down 1.68 USD to 70.80 USD per barrel.
Some analysts suggested that Hujiao continued to weaken after being blocked from falling back on the 20th. From a macro point of view, the anxiety of economic recovery caused by the European debt crisis and the persistence of macro-control in China. From a fundamental point of view, the peak season of natural rubber supply is approaching, but the downstream demand growth is expected to slow down due to the high hope that the domestic auto market will catch up with the sales volume and enter the off-season. In addition, from a technical point of view, the moving averages form a short arrangement, and the pressure on the top is greater in a short period of time. Therefore, the market outlook of Hujiao will continue to decline. Disclaimer: Zhejiang Wangsheng Maibao Co., Ltd. does not declare or guarantee the goodness or reliability of all information posted on Maibao; You hereby accept and acknowledge that you believe that the damage caused by the entrusted information should be borne by yourself. Zhejiang Netsun Maimaibao Co., Ltd. has the right but not the obligation to improve or correct any errors or omissions in the published information. Www.kloc-0/688pvc.com Please enter the keywords and related options you want to customize. Buy buy Bao will not sell or share your email address with others. Natural rubber price