Shanghai Futures Exchange announced by the rubber stock, as of June 24 of the total stocks continued to decline 5270-25520 t, warehouse receipts to reduce the number of 5110-19085 t. Looking at the week-long period of market situation and price movements, after a week of technical adjustments and the main contract after the transition, with domestic production to stabilize the spot Jiaojia rebound, leading to strong consumer demand, supply still tight spot, the Shanghai-day The rubber stocks also continued to significantly reduce illustrates this point. Together with the international market, production and marketing areas Jiaojia up momentum remains strong, so that the main period of the contract price of 509 in the new buying with the active participation of re-launched with a big bang breakthrough Zengcang up prices. Although the current domestic production as the production of recovery will increase the supply of cash to ease pressure, including the transport of a variety of factors, such as a certain period of time so that the overall market is still in short supply pattern will continue, strong demand and market outlook will be producing areas Seasonal weather disasters hit the uncertainties will continue to break Jiaojia and maintain high. Farm production e-cash offer appears to stabilize rubber rebound, five-week e-declaration average rose to 13,855 yuan / ton. Spot market sales areas Jiaojia steadily maintained: Hengshui area rubber market one national standard offer mainstream 14100-14300 yuan / ton or so, the two mainstream national standard offer 13200-13300 yuan / ton; Thailand Yan Pianjiao 3 sources A lack of bid prices higher. Zhejiang region rubber market one national standard offer in the mainstream 14200-14400 yuan / ton, less supply as a whole; import 3-chip mainstream smoke in the offer 14500-14600 yuan / ton or so, few offer high-supply market. Rubber market in Shanghai one national standard offer mainstream 14100-14150 yuan / ton, latex made in 10750-10800 offer yuan / ton. At the same time, the international market in the near future as crude oil prices and sharply higher domestic prices in the wake of Synthetic upper reaches of the raw materials and the tension has been reported up. One SBR, butadiene rubber prices rebound slightly high, and butyl rubber rise unabated, ethylene-propylene rubber slow rise, nitrile rubber, neoprene prices stable. Synthetic late prices continue to move up the possibility of natural rubber prices also supported the formation. So in the Shanghai stock rubber did not stop by continued momentum, Jiaojia will remain up and the trend back to small. The main causes of short-term period of the contract price of 509 consecutive rise and there is the possibility of adjustment, should pay close attention to the intraday contract positions. According to another report: the world's top 500 enterprises Bridgestone Corporation of Japan to invest in China's fourth tire production base in Huizhou City of Guangdong Province to start construction. Bridgestone Huizhou production base covers an area of 480,000 square meters, with a total investment of 300,000,000 U.S. dollars, Bridgestone is the world's established manufacturing base in 50 of the largest, is expected to be in January 2007 formally put into production, 2009 Nissan ability to achieve the year 9000. Huizhou base, upon completion, will be the most advanced technology production truck, bus radial tire use. Bridgestone is the world's largest rubber manufacturing company in China that have been completed 3 tire production base, production base in Tianjin, Wuxi and used car tire, truck production base in Shenyang, with the bus radial tire.
In the international market, the main producing areas in Southeast Asia this week, Thailand and Indonesia as a result of tight supplies and strong demand overseas, Jiaojia remained firm. Thailand's rainfall so that the supply is still tight, Thailand 3 tobacco film in August of shipping FOB price steady at 1.45 U.S. dollars per kilogram; shipping in September of FOB price steady at 1.43 U.S. dollars per kilogram. 3 smoke-free export level steady in the film 56 baht per kilogram (1.37 U.S. dollars) or so. Thailand tire on the 20th grade standard plastic still reported 1.30 U.S. dollars per kilogram. Friday in Bangkok, Thailand Yan Pianjiao 3 in the spot market price has been reported up to 60.80 baht per kg, the standard plastic STR20 price to 53.20 baht per kg; Songkhla market Yan Pianjiao reported on the 3rd to 60.55 baht per kg, the standard plastic STR20 price of 52.95 baht per kg has been reported. Indonesia's rubber market demand has been increasing in Indonesia in July sailing on the 20th for the standard plastic FOB offer 1.24 U.S. dollars / kg of quoted shipping in August for 1.25 U.S. dollars / kg of quoted shipping in September for 1.25-1.26 dollars / Kg. Singapore 3, Yan Pianjiao spot market rose to offer a new sub-244.75-245.75 per kg. Malaysia in July sailing on the 20th of the standard plastic offer up to U.S. 1.292-1.297 / kg. Tokyo area sales over the same period a view to plastic film market on the 3rd smoke futures contract price oscillation also continue to break up, the spot Friday in June about the price to close at 167.0 yen / kg, and in November the benchmark closed at about 155.6 yen / kg. Tuesday the price of which had a weak energy market and technical adjustments and suppress bad, but then take the Kennedy's support of energy prices Jiaojia break up. Rubber Trade Association of Japan announced on June 10 as Japan's non-rubber warehouse inventories totaled 10,575 tons higher than May 31 of the 10% reduction of 11,744 tons. Dollar exchange rate has been reported to 109.20/26 yen. International oil prices continue to rise, the New York Mercantile Exchange, August light sweet crude oil futures price to 59.90 U.S. dollars a barrel. It was also Malaysia: Malaysia tire prices again. Tire industry pointed out that this year is the 5th tires increase the rate of between 2-6 percent. It is reported that wholesale tire dealer and have already received notification from the manufacturer, increase tire categories: ordinary car tires increase of 2%; small truck or commercial vehicle tires increase of 5%; medium and heavy machinery tires increase 6 %. Statistics show that in the first half of this year, the time has tire increases 5 times higher than last year, prices have reached 15%.
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