The hottest Tonglian futures Tianjiao finished sor

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Tonglian Futures: Tianjiao finished finishing and running upward

this week, Tokyo Jiao slowly rose, Shanghai Jiao finished finishing and running upward, and the final main contract ru609 closed at 25710 yuan, up 1070 yuan from the closing price of 24640 yuan last week. From the analysis of the current domestic rubber import structure, with the rapid development of China's rubber industry, the demand for rubber raw materials continues to grow. More attention is paid to the business volume of the acquired companies. For five years, China's rubber consumption has ranked first in the world for four consecutive years. At present, more than 2/3 of the domestic demand for natural rubber depends on imports. As the domestic natural rubber is a weak industry, although China abolished the import quota control of natural rubber after joining the world trade organization, it raised the tariff rate from 12% to 20%, while the composite rubber tariff is 8%. If the import country of origin belongs to the six ASEAN countries, now the renewable plastic granulator equipment manufacturers encounter great business opportunities. At present, the agreed tariff rate of China's waste plastic recycling rate is only 5%

some import enterprises use the classification rules to classify the purity of natural rubber. Class 1 is the hardness test. A small amount of styrene butadiene rubber and other substances are mixed into natural rubber to make composite rubber with a natural rubber content of 95%-99%. The choice of tax rate is to avoid high and low, resulting in a sudden increase in the import of composite rubber, which weakens the protective effect of the national high tariff policy on natural rubber on domestic related industries. According to customs statistics, China imported 148000 tons of composite rubber in January this year, an increase of 70.1% over the same period last year. Its import growth momentum is far faster than that of other rubber products. This month, China imported 600000 tons of natural rubber, an increase of 12.1% year-on-year; The import of synthetic rubber was 545000 tons, with a year-on-year increase of 27.1%. The growth rate of the above two import volumes was 58 and 43 percentage points lower than that of composite rubber in the same period, respectively. In the natural rubber import structure, the proportion of composite rubber with lower cost increases, while the proportion of natural rubber and synthetic rubber with higher cost decreases, which will lead to the overall decline of the domestic rubber import cost, which may continue to reduce the rising range of the current prices of natural rubber in the two cities, and may also expand the discount range of the domestic rubber price, which will then suppress the domestic rubber price. Although the composite glue can not be used as a substitute for Shanghai glue for delivery, directly enter the futures market to participate in physical delivery, nor can it be registered as a standard warehouse receipt, which directly suppresses the futures price, it can still enter the spot market and then start the lower jaw motor to adjust the lower jaw, enter the terminal glue unit, replace the consumption demand of some natural rubber and synthetic rubber, and then form an indirect negative effect on the trend of Shanghai glue

due to the rise of related varieties and the beneficial effect of Tianjiao's own supply-demand relationship, Shanghai Jiao is expected to continue to rise, mainly short-term bargain hunting in operation

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