Daily Report RV Mar 04
By：admin Updated：2015-03-04 17:35:08
TSR 20 (BRURV) and RSS3 (BRURV) fluctuates in a range
Market Review：
TSR 20 (BRURV): Closing price drop by 0.12% compared with last settlement price, opened sharply low and fluctuated high at 8570 Yuan/ton, about 1393 Dollars/ton; the trading volume is 17018 tons, trading amount is 0.146 billion Yuan, and the open interest is 35634 tons. Buying declaration is 300 tons, while the selling declaration is 11500 tons; intermediate storehouse declaration is 0, and 300 tons is matched.
RSS3 (BRSSRV): Closing price drop by 0.50% compared with the last settlement price; opened high with slight volatile at 10020 Yuan/ton, about 1629 Dollars per ton; the trading volume is 9830 tons, trading amount is RMB 0.098 billion Yuan, and the open interest is 17584 tons. Buying declaration is 130 tons, while the selling declaration is 5050 tons; intermediate storehouse declaration is 0 ton, and 130 ton is matched.
China stock market today remained fluctuated high at the end; Shanghai Composite Index reached the highest by 0.79% since Sept.2011, Shenzhen Component Index rose slightly by 1.07%, the index for China bulk commodity index almost closed high by 0.88%, Wenhua Commodity Index opened sharply low and fluctuated dropped by 0.79%, oil product dropped by 7% during Chinese festival; Wenhua Industrial Index opened sharply high and fluctuated dropped by 0.88%; Wenhua Agricultural Index rose by 1.07%, SHFE futures bounced to the barrier, its dominant 1509 contract drop by 1.92%,the TSR 20 contracts in TOCOM fluctuated in narrow range while SGX have also fluctuated high.
Market Quotation
|
Date
|
2015-3-4
|
|
Variety
|
TSR20 (BRURV)
|
RSS3 (BRSSRV)
|
|
Exchange Rate CNY/USD
|
6.1525
|
|
Opening Price
|
8540
|
1388
|
9980
|
1622
|
|
Highest Price
|
8575
|
1394
|
10035
|
1631
|
|
Lowest Price
|
8525
|
1386
|
9980
|
1622
|
|
Closing Price
|
8570
|
1393
|
10020
|
1629
|
|
Settlement Price
|
8555
|
1390
|
10015
|
1628
|
|
Trading Volume (ton)
|
17018
|
9830
|
|
Accumulated Trading Volume (ton)
|
24571034
|
3886624
|
|
Trading Value (hundred million Yuan)
|
1.46
|
0.98
|
|
Accumulated Trading Value (hundred million Yuan)
|
3144.27
|
471.16
|
|
Open Interest Qty (ton)
|
35634
|
17584
|
|
Buying Declaration Qty (ton)
|
300
|
130
|
|
Selling Declaration Qty (ton)
|
11500
|
5050
|
|
Intermediate Storehouse Declaration Qty (ton)
|
0
|
0
|
|
Delivery Qty (ton)
|
300
|
130
|
|
Accumulated Delivery Qty (ton)
|
98900
|
29860
|
|
Date
|
2015-3-3
|
2015-3-4
|
Price Change
|
|
Futures Market
|
|
SHFE (CNY/ton)
|
13595
|
13400
|
-195
|
13595
|
|
12895
|
12935
|
40
|
12895
|
|
13760
|
13790
|
30
|
13760
|
|
TOCOM (JPY/kg)
|
220.7
|
221.6
|
0.9
|
220.7
|
|
219
|
219.5
|
0.5
|
219
|
|
218.6
|
219.6
|
1
|
218.6
|
|
Physical Trading Price in Bonded Area
|
|
STR&SMR (USD/ton)
|
1400
|
1390
|
-10
|
|
STR&SMR compound (USD/ton)
|
1430
|
1420
|
-10
|
|
Thailand Market Quotation
|
|
USS (Baht/Kg)
|
58.55
|
58.55
|
0.00
|
|
RSS (Baht/Kg)
|
63.15
|
63.15
|
0.00
|
|
Latex (Baht/Kg)
|
50.50
|
50.50
|
0.00
|
|
Cuplump (Baht/Kg)
|
39.50
|
39.50
|
0.00
|
|
Shipping Cargo Price-CIF
|
|
RSS3 (USD/ton)
|
1670
|
1670
|
0
|
|
STR (USD/ton)
|
1420
|
1410
|
-10
|
|
SMR (USD/ton)
|
1420
|
1410
|
-10
|
|
Spread
|
|
SHFE 1509-BRURV (CNY/ton)
|
4350
|
4365
|
15
|
|
SHFE 1509-BRSSRV (CNY/ton)
|
2900
|
2915
|
15
|
|
TOCOM 1508-BRURV (USD/ton)
|
438.54
|
442.42
|
3.89
|
|
TOCOM 1508-BRSSRV (USD/ton)
|
190.74
|
207.56
|
16.82
|
Market Summary
SHFE rubber contracts hit the bottom to bouce back since 3-day drop, which is also supported by the steady oil price. But the bounce back space is narrow. Domestic tapping areas are still ease. In Mar, Yun’nan tapping plantation will be in hot reason, the domestic supply will grow in rigidity as well. Right now, SHFE rubber contracts lack of supports to bounce back because of the weak demand of downstream enterprises. The traders may focus on the social economy objective raised by People’s Representatives Meeting.