crashteamracingps1| Rubber futures prices rose: inventories in Qingdao fell 3.25% month-on-month, and Yunnan rubber increased significantly

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Rubber futures prices pick upcrashteamracingps1On May 21, the main contract exceeded 14950 yuan/ton, a month-on-month increase of 1.5%.crashteamracingps1.840 million tons. Discussions on domestic real estate policies have pushed up the commodity index, supported by both supply and demand, and prices are expected to remain strong in the short term.

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[Rubber futures prices ushered in a strong rebound, and the main contract rose significantly] The rubber market has experienced a clear round ofcrashteamracingps1The price of the main contract rebounded, and the price of the main contract rose again at the opening on May 21, and has now returned to the price range of 14950 yuan/ton. Compared with April, market performance has improved significantly. Recent rumors about domestic real estate industry policies have attracted widespread attention in the market. The commodity index has shown an upward trend, and the overall market sentiment is optimistic. The trading price of the main 2409 contract in rubber futures climbed to 14930 yuan/ton during Monday night trading, up 0.0% from the previous trading daycrashteamracingps1.44%。This round of price increases is closely related to the upstream and downstream conditions of the rubber industry chain. On the supply side, rubber inventories continue to decrease. Natural rubber inventories in Qingdao continued to decrease last week, and domestic social inventories of cis-1,4-butadiene rubber are also gradually declining. As of May 19, the total bonded and general trade inventories of natural rubber in Qingdao were 548,000 tons, a decrease of 18,400 tons from the previous week, or a decrease of 3.25%. This is conducive to the removal of domestic rubber inventories and alleviating the supply side. pressure. Spot market prices have also adjusted. The price of whole emulsion rubber in Yunnan has rebounded to 14200 yuan/ton, showing a clear upward trend. With strong support from the supply side, rubber prices are expected to maintain a strong operating trend in the short term.

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