Daily Report RV Mar 10
By:admin Updated:2015-03-10 17:44:44
TSR 20 (BRURV) and RSS3 (BRURV) fluctuates low
Market Review:
TSR 20 (BRURV): Closing price drop by 0.41% compared with last settlement price, night session opened sharply high and fluctuated high, day session fluctuated and low at 8495 Yuan/ton, about 1380 Dollars/ton; the trading volume is 17392 tons, trading amount is 0.149 billion Yuan, and the open interest is 35064 tons. Buying declaration is 0 tons, while the selling declaration is 13400 tons; intermediate storehouse declaration is 0, and 0 tons is matched.
RSS3 (BRSSRV): Closing price drop by 0.15% compared with the last settlement price; opened high with slight volatile at 9890 Yuan/ton, about 1606 Dollars per ton; the trading volume is 14070 tons, trading amount is RMB 0.139 billion Yuan, and the open interest is 16726 tons. Buying declaration is 220 tons, while the selling declaration is 4750 tons; intermediate storehouse declaration is 0 ton, and 220 ton is matched.
China stock market today remained fluctuated at the end; Shanghai Composite Index dropped by 0.49%, Shenzhen Component Index rose slightly by 0.20%, the index for China bulk commodity index are fluctuated with each other, Wenhua Commodity Index dropped by 0.21%, Wenhua Industrial Index opened dropped by 0.21%; Wenhua Agricultural Index drop by 0.17%, SHFE dominant futures drop by 1.85%, the TSR 20 contracts in TOCOM and SGX fluctuated in narrow range.
Market Quotation
Date
|
2015-3-10
|
Variety
|
TSR20 (BRURV)
|
RSS3 (BRSSRV)
|
Exchange Rate CNY/USD
|
6.1572
|
Opening Price
|
8550
|
1389
|
9870
|
1603
|
Highest Price
|
8595
|
1396
|
9925
|
1612
|
Lowest Price
|
8490
|
1379
|
9855
|
1601
|
Closing Price
|
8495
|
1380
|
9890
|
1606
|
Settlement Price
|
8545
|
1388
|
9890
|
1606
|
Trading Volume (ton)
|
17392
|
14070
|
Accumulated Trading Volume (ton)
|
24646062
|
3933336
|
Trading Value (hundred million Yuan)
|
1.49
|
1.39
|
Accumulated Trading Value (hundred million Yuan)
|
3150.66
|
475.80
|
Open Interest Qty (ton)
|
35064
|
16726
|
Buying Declaration Qty (ton)
|
0
|
220
|
Selling Declaration Qty (ton)
|
13400
|
4750
|
Intermediate Storehouse Declaration Qty (ton)
|
0
|
0
|
Delivery Qty (ton)
|
0
|
220
|
Accumulated Delivery Qty (ton)
|
100300
|
30250
|
Date
|
2015-3-9
|
2015-3-10
|
Price Change
|
Futures Market
|
SHFE (CNY/ton)
|
1505
|
13385
|
13110
|
-275
|
1509
|
12815
|
12490
|
-325
|
1601
|
13575
|
13265
|
-310
|
TOCOM (JPY/kg)
|
1504
|
214.7
|
211.6
|
-3.1
|
1507
|
211.7
|
209.2
|
-2.5
|
1508
|
210.5
|
208.5
|
-2
|
Physical Trading Price in Bonded Area
|
STR&SMR (USD/ton)
|
1380
|
1360
|
-20
|
STR&SMR compound (USD/ton)
|
1400
|
1380
|
-20
|
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)
|
1650
|
1640
|
-10
|
STR (USD/ton)
|
1390
|
1370
|
-20
|
SMR (USD/ton)
|
1390
|
1370
|
-20
|
Spread
|
SHFE 1509-BRURV (CNY/ton)
|
4255
|
3995
|
-260
|
SHFE 1509-BRSSRV (CNY/ton)
|
2915
|
2600
|
-315
|
TOCOM 1508-BRURV (USD/ton)
|
361.82
|
344.31
|
-17.51
|
TOCOM 1508-BRSSRV (USD/ton)
|
143.35
|
117.75
|
-25.60
|
Market Summary
National Statistics Bureau announced that CPI in Feb increased by 1.4%, whereas PPI declined by 4.8%. and maintained successively 36-month negative. The demand of Chinese market is still weaken. The monetary policy still has the space to decline. The weakness in demand and supply of rubber will continuously suppress the SHFE market. The traders may focus on the changes of the spread between spot market and futures market.