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Near the end of the year rubber or face a huge test

Near the end of the year rubber or face a huge test

2018-12-17

Judging from the overall trend last week, rubber is still in a low-level fluctuation. In the middle of December, the New Year is coming soon. Will rubber face new challenges in the new year? Fundamentally speaking, the weather in the rubber-producing countries last week was not very good, and there is some room for profit. On the 12th, the prices of some raw materials in Thailand have rebounded. Thailand has boosted rubber prices and advocated the "one village, one kilometer" plan to pave the way with natural latex. Earlier, Thailand 18.6 billion Thai baht to support rubber farmers and Indonesia purchased 5000 tons of raw rubber. In terms of cost, crude oil prices will have new trends. Saudi Arabia will drastically reduce oil exports to the United States. Rosneft has also begun to terminate Russia's crude oil cooperation with Iran, focusing more on Russia's internal growth. Crude oil rose 3% overnight on the 14th. It may boost rubber prices in the future. Last Friday, in stock prices in all regions have risen to some extent. bad news is also frequent. Automobile production and sales continued to show a significant decline in November compared with the same period last year, continuing the downturn since July. in stock prices were mixed, with mixed rubber rising slightly by 50 yuan/ton and total latex falling by 200 yuan/ton. As the end of the year approaches, the pressure on traders to ship has become greater, which has suppressed rubber prices to a certain extent. Another, the domestic stock market is still in the doldrums. Another thing worth mentioning here is the above-mentioned favorable conditions. Every time a rubber-producing country puts forward an offer, futures will decline to a certain extent. Whether this is just a news release and has not been implemented remains to be verified. After the long and short offset, rubber prices are still dominated by short-term sentiment, it is recommended in this week's trading strategy on the short-term position short single, is expected to impact the range of shocks near the low 10900.

Alibaba to help build rubber trading platform in Thailand

Alibaba to help build rubber trading platform in Thailand

2018-12-17

Recently, according to officials from the Natural Rubber Administration of Thailand, it has received a cooperation proposal from Alibaba Group, a large e-commerce platform in China. Alibaba expressed its intention to help Thailand build an online rubber real-time trading platform. According to the rubber shelf trading plan submitted by Alibaba, Chinese buyers and Thai sellers can trade directly through the trading platform without involving third parties. The platform will provide buyers and sellers with a fair, transparent and fast transaction payment experience. Thai officials said that the two sides will further discuss the specific cooperation mode and mode in the future. According to Alibaba's estimation, the newly built rubber trading platform can complete more than 200000 tons of rubber trading volume every year. Thai industry sources said that Thailand is the world's rubber exporter, and China is the export market of Thai rubber. The online platform can not only help Thai rubber get through the sales outlet, but also provide convenience for Chinese buyers to purchase rubber, which is a win-win situation for Thai rubber farmers and Chinese rubber enterprises.

December 14 plastic raw material PVC price market analysis

December 14 plastic raw material PVC price market analysis

2018-12-17

December 14 plastic raw material PVC price market analysis The atmosphere of PVC market is calm, the futures fluctuate within a narrow range, the in stock transaction is general, the participants have a strong wait-and-see mood, and there is no obvious change in the market and enterprise prices. Ordinary type 5 electric stone, the mainstream in East China offers 6570-6700 yuan/ton; South China presale supply 6670-6720 yuan/ton, in stock 6720-6770 yuan/ton; Shandong mainstream 6480-6550 yuan/ton, Hebei market mainstream 6430-6500 yuan/ton. Changzhou PVC market stability is mainly, downstream just need to purchase.

December 14 plastic raw material PP price market analysis

December 14 plastic raw material PP price market analysis

2018-12-17

PP market price narrow adjustment, the range of 50-100 yuan/ton. The decline in the in stock market narrowed and slightly consolidated. Futures rose slightly in the morning, boosting the market mentality. Today, petrochemical industry as a whole is still stable, with some brands making up for the decline. Making traders offer small concessions, accompanying shipments; Downstream factories consume early inventory, maintain just-needed purchases, and trade in general. Today, the mainstream price of wire drawing in North China market is 8950-9050 yuan/ton, the mainstream price of wire drawing in East China market is 9100-9200 yuan/ton, and the mainstream price of wire drawing in South China market is 9500-9800 yuan/ton. North China PP price narrow finishing. Futures were slightly higher in the morning, with little volatility in in stock prices. Downstream on-demand procurement, real negotiations.

December 14 plastic raw material ABS price market analysis

December 14 plastic raw material ABS price market analysis

2018-12-17

The market atmosphere in some areas of ABS market is slightly better. Up to now, the mainstream offer for domestic materials is 12,600-13,600 yuan/ton. Boosted by the rise in the level of negotiations in the styrene market, some ABS selling low, middlemen changed hands to improve. East China market inquiry atmosphere is slightly better, some merchants offer tentative pull up. South China market merchants to participate in the enthusiasm, low-cost offer withdrawal.

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