1. Future market:
Unit: Yen/kg
|
TOCOM |
Opening price |
Top |
Bottom |
Closing offer |
Markup |
|
Latest contract808 |
322.1 |
323.7 |
316.4 |
319.2 |
-2.9 |
|
Benchmark 901 |
300.6 |
301.0 |
296.8 |
298.0 |
1.8 |
Unit: Yuan/mt
|
SHFE |
Opening price |
Top |
Bottom |
Closing offer |
Markup |
|
Latest contract808 |
26,650 |
26,985 |
26,650 |
26,790 |
255 |
|
Main contract811 |
21,930 |
22,335 |
21,760 |
22,020 |
360 |
2. Pending order volumes and deal volumes in domestic plantation
Hainan:
|
Products |
Pending order volumes |
Average price |
Deal volume |
Average price |
|
SCR5(N) |
126 |
26,633 |
- |
- |
|
SCR5(R) |
646 |
26,861 |
588 |
26,878 |
|
SCR5(Z) |
168 |
26,388 |
- |
- |
|
CNR |
904 |
16,329 |
- |
- |
|
SCR10 |
- |
- |
- |
- |
Yunnan
|
Products |
Pending order volumes |
Average price |
Deal volume |
Average price |
|
SCR5 |
580 |
27,350 |
- |
- |
|
CNR |
- |
- |
- |
- |
|
SCR10 |
132 |
25,245 |
- |
- |
Guangdong:
|
|
Pending order volumes |
Average price |
Deal volume |
Average price |
|
Concentrated Latex |
100 |
16,250 |
30 |
16,300 |
|
SCR10 |
42 |
25,300 |
- |
- |
3. Spot market in home and abroad:
|
Type |
Markets/regions |
Products |
Market price (Yuan/mt) |
|
Domestic Spot |
N-China |
SCR5 |
26,300-26,800 |
|
Thailand RSS3 |
24,200-24,500 |
|
Vietnam 3L |
21,500 |
|
E-China |
SCR5 |
26,600-26,700 |
|
Thailand RSS3 |
27,000 |
|
Imported Latex |
18,400-18,600 |
|
S-China |
Barrel NR Latex |
18,500 |
|
Vietnam 3L |
21,400-21,600 |
USD market:
|
Market |
Markets/regions |
Products |
Market price ($/mt) |
|
Qingdao Free Trade Zone |
Thailand |
RSS3 |
3,150 |
|
Indonesia |
SIR20 |
3,020 |
|
Malaysia |
SMR20 |
3,050 |
|
Thailand |
STR20 |
3,060 |
On Aug 20th, domestic spot prices continued weakness, and domestic SCR5 quotations was about Yuan26,500-26,800/mt, amid lower offers around Yuan26,300/mt. Vietnam 3L prices showed stable level at Yuan21,500/mt, and spot traders hold limited cargoes under flat sentiment. International NR prices appeared largely dropped. In Qingdao Free Trade Zone, Some reference quotations: SIR 20 offer was about $3,020/mt; STR 20 offer was about $3,050/mt. Recent deal offer of Thailand RSS3 was at $3,150/mt amid fewer offers, while deal prices were at lower level. SMR20 spot offer was reported at $3,060/mt.
4. Latex market:
Today NR Latex market remained weakness, and imported NR latex CIF CMP prices were at $1,900-1,910/mt, and domestic market offers were around Yuan18,100-18,400/mt. Weaker demand continued sluggish, and slower dealing.
5. Summary:
Fundamentals showed many shorts, and the medium-term short position remained. In views of short term, the trend will fluctuate effect by surrounding factor volatility; recent dollar index appeared adjustment, which will support to crude oil movements, such as crude oil on schedule in rebound, will have a certain degree of support to NR market trend, and this rebounded situation has always been closely linked to dollar index and the trend of crude oil. But considering the present situation, in the background of shorted fundamentals, this rebound was still only as market adjustments reflected pervious market.
Today’s exchange rate: $1=6.8529RMB
All information is provided for reference only NO copy without permit