化工板块大面积飘绿 20号胶主力跌逾2%

Core Viewpoint - The domestic chemical futures market experienced a significant decline on October 31, with major contracts such as 20 rubber and rubber futures showing notable decreases in price. Price Movements - The main rubber futures fell by 1.84% to 15,210.00 CNY/ton, while the 20 rubber futures dropped by 2.42% to 12,290.00 CNY/ton [1] - PVC futures decreased by 1.38% to 4,721.00 CNY/ton, whereas the main wood futures saw a slight increase of 0.51% to 792.00 CNY/ton [1][2] Warehouse Inventory Data - As of October 30, the warehouse inventory for butadiene rubber futures remained stable at 3,010 tons, while the factory inventory was also unchanged at 5,570 tons [3] - Natural rubber futures inventory decreased by 1,220 tons to 121,670 tons, and 20 rubber futures inventory increased by 604 tons to 44,857 tons [3] - Pulp futures warehouse inventory decreased by 486 tons to 218,942 tons, while factory inventory remained stable at 6,000 tons [3] Basis Data - The basis data indicates that several contracts, including pulp, butadiene rubber, glass, and others, are experiencing a "backwardation" phenomenon, where spot prices exceed futures prices [4] - The basis rates for various commodities show mixed results, with some commodities like caustic soda and polyethylene showing positive basis rates, while others like PVC and pure benzene are negative [5]