Core Viewpoint - The domestic chemical futures market experienced significant declines, particularly in the wood futures sector, which fell over 4% on October 27, 2023, while other commodities showed mixed performance [1]. Price Movements - As of October 27, 2023, the main contracts showed the following price changes: - Soda ash rose by 0.65% to 1237.00 CNY/ton - Synthetic rubber decreased by 2.06% to 10925.00 CNY/ton - Styrene dropped by 1.34% to 6492.00 CNY/ton - Wood futures fell by 4.22% to 794.50 CNY/ton [1][2]. Warehouse Inventory Data - As of October 24, 2023, the warehouse inventory data indicated: - 20 rubber futures inventory remained stable at 42640 tons - Natural rubber futures inventory decreased by 3190 tons to 124020 tons - Pulp warehouse futures inventory remained stable at 220002 tons [3][4]. Basis Data - The basis data as of October 24, 2023, revealed that several commodities experienced a "backwardation" phenomenon, where spot prices exceeded futures prices, including: - Pulp, butadiene rubber, glass, short fiber, PX, caustic soda, bottle flakes, polyethylene, polypropylene, ethylene glycol, styrene, and 20 rubber [4]. Basis and Basis Rate - The basis and basis rates for various commodities were as follows: - Natural rubber: -550 CNY, -3.72% - Pulp: +306 CNY, +5.51% - Butadiene rubber: +265 CNY, +2.32% - PTA: -63 CNY, -1.41% - Glass: +74 CNY, +6.32% - Methanol: -40 CNY, -1.79% - Urea: -42 CNY, -2.63% - Soda ash: -23 CNY, -1.91% - Short fiber: +154 CNY, +2.44% - PX: +112 CNY, +1.68% - Caustic soda: +270 CNY, +10.19% - Bottle flakes: +113 CNY, +1.96% - PVC: -174 CNY, -3.83% - Polyethylene: +139 CNY, +1.95% - Wood: -69 CNY, -9.08% - Polypropylene: +94 CNY, +1.39% - Ethylene glycol: +186 CNY, +4.35% - Styrene: +270 CNY, +3.94% - 20 rubber: +759 CNY, +5.72% [5].
化工板块大面积飘绿 原木主力跌逾4%
Jin Tou Wang·2025-10-27 04:41