Market and product

Tire companies resume work to speed up rubber dips

04:49 PM @ Friday - 28 February, 2020

On February 25, rubber rebounded. The Hujiao main 2005 contract closed at 11,545 yuan (145, 1.27%) per ton. The position is 154,400 (-0.33) lots, and the trading volume is 147,900 (-2.51) lots. The main INE20 plastic 2003 contract closed at 9,715 (135, 1.41%) yuan / ton, holding positions of 14,048 (-1136) hands, and trading volume of 7,275 (-3358) hands.

The price of glue has risen, and the price of Hat Yai glue is Baht / kg. U.S. dollar rubber quotations rose slightly, Thai natural rubber STR20 price 1370 (10) US dollars / ton, Malaysian natural rubber SMR20 price 1360 (10) US dollars / ton, Indonesian natural rubber SIR20 price 1365 1365 (10). Domestic spot prices are mixed, with Shanghai’s full latex SCR5 quoting at 11,100 (-100) yuan / ton in Shanghai, Thai three tobacco flakes RSS3 in Shanghai at 13,550 (200) yuan / ton, and Vietnam SVR3L in Shanghai at 11,400 (0) yuan / ton.