Post Offer Free
Ningbo Beilun Wanpu Plastic&Rubber Co.,Ltd.
Ningbo Beilun Wanpu Plastic&Rubber Co.,Ltd.  

Gold Index: 41405

You are here: home  > natural rubber  > natural rubber

Product (648)

natural rubber   (1)

about pvc   (9)

about silicone   (4)

Certificates   (24)

Silicone Production   (3)

PVC Production   (4)

Credit Report 

Products Index 

Company Info

Ningbo Beilun Wanpu Plastic&Rubber Co.,Ltd. [China (Mainland)]


Business Type:Manufacturer, Trading Company
City: Ningbo
Province/State: Zhejiang
Country/Region: China (Mainland)

lily:   qq

View Contact Details
Inquire Now

natural rubber

natural rubber

Sentiments stayed on the greener side in the local natural rubber market bolstered by worries over supplies owing to heavy monsoon rains lashing over the major rubber growing regions in Kerala. In the physical market, RSS4 clung near its strongest level since late- November on Monday. On NMCE, the grade was seen stretching the previous session gains. The benchmark July rubber futures closed the session one per cent higher after trading mostly flat throughout the day. While supply tightness is being felt in the market, prospects of higher imports and gloomy macro-economic outlook is likely to cap gains.
Natural rubber prices are on the negative turf on the overseas market on Tuesday. In lacklustre trades, TOCOM rubber futures declined for the first time in three days as investors' focus turned towards the US FOMC policy meet.
MARKET NEWS
Thai govt through state-owned Rubber Estate Organization and exporters plan to set up a fund to trade rubber on the Agricultural Futures Exchange of Thailand, or AFET, according to the farm ministry.
Rubber inventories in the warehouses monitored by SHFE rose 0.2 per cent to 114208 tonnes last week.
According to Rubber Trade Association of Japan, crude rubber inventories in the Japanese ports as of May 31 fell to 14224 tonnes, down 654 tonnes over a period of ten days to its lowest level since March 10.
Natural rubber production in India rose 1.7 per cent to 59000 tonnes in May while consumption dropped 3.1 per cent to 83000 tonnes. Imports slumped 17 per cent to 17334 tonnes.
Natural rubber imports by China fell to 180000 in May compared to 227320 tonnes imported the previous month.
According to China Association of Automobile Manufacturers, wholesale deliveries of cars, multipurpose and sport utility vehicles increased 9 percent to 1.4 million units in May compared to 13 per cent growth achieved during the previous month.
According to ANRPC, natural rubber production from Indonesia is seen rising 5.0 per cent to 3.18 million tonnes while that of Malaysia is seen at 980000 tonnes, up 6.8 per cent this year.
TECHNICAL VIEW
RUBBER July NMCE
Even as the trend stays on the positive side, requires clearing and sustaining above 17500 to continue the buying momentum
TURNAROUND
Resistances
LEVELS
Supports
17500/17650
17500-16850
17300/17180
17800/18000
17000-16950
18100/18300
16850/16600