Commodity market: according to the monitoring of business agency, the mainstream market of spot rubber in the domestic natural rubber market on July 13 fell by about 470 yuan / ton compared with the previous day, and the offer price was reduced by about 400-500 yuan / ton. The average spot market price of domestic natural rubber (standard I) in East China market was 12300 yuan / ton, down about 3.42% from the quotation of the previous trading day, and down 4.65% year-on-year.
Industry focus: macro: on the evening of July 12, the international oil price collectively fell by more than 6%. Brent crude oil futures fell below the key psychological integer of $100 / barrel within one hour of the opening of U.S. stocks. The WTI of U.S. oil fell as low as $97 / barrel. In the early morning, the decline of U.S. oil expanded to 8%; In the night trading of domestic futures, the main contracts almost fell across the board, of which the main rubber contract ru220 fell sharply to about 12300, and the opening of the 13th continued to fall sharply, as low as about 12035. Supply and demand: in the peak season of rubber production at home and abroad, the output increases rapidly. Domestic spot rubber ushered in the stock accumulation cycle, and the inventory delivered in the previous period showed an upward trend. The downstream demand is weak, and the rubber price continues to be weak.
Aftermarket forecast: under the background of superimposed demand list in the peak season of rubber production and certain inventory pressure, downstream enterprises are not enthusiastic about purchasing, and the aftermarket natural rubber market is expected to continue to be weak.
| Thiourea |