Daily Report RV Mar 06
By：admin Updated：2015-03-06 17:35:50
TSR 20 (BRURV) and RSS3 (BRURV) fluctuates low
Market Review：
TSR 20 (BRURV): Closing price drop by 0.24% compared with last settlement price, opened sharply low and fluctuated at 8485 Yuan/ton, about 1379 Dollars/ton; the trading volume is 18026 tons, trading amount is 0.153 billion Yuan, and the open interest is 34792 tons. Buying declaration is 600 tons, while the selling declaration is 12900 tons; intermediate storehouse declaration is 0, and 0 tons is matched.
RSS3 (BRSSRV): Closing price drop by 0.8% compared with the last settlement price; night session slightly fluctuated low, day session hit the bottom to bounce at 9895 Yuan/ton, about 1608 Dollars/ton;; the trading volume is 10384 tons, trading amount is RMB 0.103 billion Yuan, and the open interest is 16836 tons. Buying declaration is 50 tons, while the selling declaration is 4920 tons; intermediate storehouse declaration is 0 ton, and 50 ton is matched.
China stock market today dropped slightly, of which Shanghai Composite Index dropped by 0.22%, Shenzhen Component Index dropped by 1.50%, the index for China bulk commodity index remained weaken; both oil and chemical products also dropped by 0.66%; Wenhua Commodity Index dropped by 0.66%, Wenhua Industrial Index fluctuated dropped by 0.50%; Wenhua Agricultural Index drop by 0.88%, SHFE futures opened low and fluctuated low and remained weaken, TOCOM also dropped by 3%,the TSR 20 and RSS3 contracts in SICOM fluctuated were in weak trend.
Market Quotation
|
Date
|
2015-3-6
|
|
Variety
|
TSR20 (BRURV)
|
RSS3 (BRSSRV)
|
|
Exchange Rate CNY/USD
|
6.1533
|
|
Opening Price
|
8500
|
1381
|
9970
|
1620
|
|
Highest Price
|
8555
|
1390
|
10010
|
1627
|
|
Lowest Price
|
8420
|
1368
|
9815
|
1595
|
|
Closing Price
|
8485
|
1379
|
9895
|
1608
|
|
Settlement Price
|
8495
|
1381
|
9950
|
1617
|
|
Trading Volume (ton)
|
18026
|
10384
|
|
Accumulated Trading Volume (ton)
|
24607742
|
3908148
|
|
Trading Value (hundred million Yuan)
|
1.53
|
1.03
|
|
Accumulated Trading Value (hundred million Yuan)
|
3147.39
|
473.30
|
|
Open Interest Qty (ton)
|
34792
|
16836
|
|
Buying Declaration Qty (ton)
|
0
|
50
|
|
Selling Declaration Qty (ton)
|
12900
|
4920
|
|
Intermediate Storehouse Declaration Qty (ton)
|
0
|
0
|
|
Delivery Qty (ton)
|
0
|
50
|
|
Accumulated Delivery Qty (ton)
|
99500
|
30010
|
|
Date
|
2015-3-4
|
2015-3-5
|
Price Change
|
|
Futures Market
|
|
SHFE (CNY/ton)
|
1505
|
13260
|
13320
|
60
|
|
1509
|
12810
|
12700
|
-110
|
|
1601
|
13670
|
13430
|
-240
|
|
TOCOM (JPY/kg)
|
1504
|
218.4
|
215.6
|
-2.8
|
|
1507
|
214.9
|
210.6
|
-4.3
|
|
1508
|
214.4
|
209.7
|
-4.7
|
|
Physical Trading Price in Bonded Area
|
|
STR&SMR (USD/ton)
|
1380
|
1380
|
0
|
|
STR&SMR compound (USD/ton)
|
1410
|
1410
|
0
|
|
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
|
39.00
|
-0.50
|
|
Shipping Cargo Price-CIF
|
|
RSS3 (USD/ton)
|
1660
|
1640
|
-20
|
|
STR (USD/ton)
|
1390
|
1390
|
0
|
|
SMR (USD/ton)
|
1390
|
1390
|
0
|
|
Spread
|
|
SHFE 1509-BRURV (CNY/ton)
|
4305
|
4215
|
-90
|
|
SHFE 1509-BRSSRV (CNY/ton)
|
2840
|
2805
|
-35
|
|
TOCOM 1508-BRURV (USD/ton)
|
418.48
|
374.70
|
-43.77
|
|
TOCOM 1508-BRSSRV (USD/ton)
|
179.56
|
136.62
|
-42.94
|
Market Summary:
In the night session, US currency rockets high, and oil price turns week. Chemicals continue to decline while TOCOM rubber decreases by around 3%.
However, SHFE rubber has transferred its dominant contract from 1505 to 1509, with the latter decreasing by 5%. The spread of futures price and spot price begin to
shrink. According to ANRPC, rubber import in China in 2015 may decrease to 3.7 million tons, a decrease of 10%. The traders may pay attention to the influence
of NPF report on the bulk commodity.