August 24th Shanghai rubber morning review

U.
S.
crude futures rose on Tuesday amid signs that Iran may work with other global oil exporters to find ways to
stem oil prices from falling.
NYMEX crude oil futures for October ended up 1.
5 percent, settling at $
48.
10 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10400 (+50) yuan / ton; Vietnam's 3L quotation is 10700-10800 (0/0) yuan / ton; 15 years Thailand No.
3 tobacco flakes 12800 (+50) yuan / ton; RMB mixed glue 10600-10700 (-100/0) yuan / ton
.
Thai Hat Yai raw material market raw film 51.
6 (-1.
32) baht/kg; Tai San Tobacco Tablets 53.
27 (-0.
42) Baht/kg; Field glue 49 (-1) baht/kg; Cup glue 40 (-0.
5) baht/kg
.

Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10700 yuan / ton (0), cis-butadiene rubber market price 10950 yuan / ton (0).

News: In July 2016, China's logistics industry prosperity index was 54.
8%, down 0.
7 percentage points from the previous month; China's warehousing index was 53.
7%, up 3.
1 percentage points from the previous month; China's road logistics freight index was 101.
5 points, up 0.
2%
from the previous month.

Warehouse receipt inventory: Exchange warehouse receipts reported 314430 tons, an increase of 1780 tons
.

The sales data of heavy trucks in July continued to increase sharply year-on-year, and the operating rate of all-steel tires and semi-steel tires rose to 70% last week, and the overall demand performance was still good; At present, the inventory of Qingdao Free Trade Zone is still falling sharply, due to the influence of weather and rubber tapping factors in the production area, the current amount of new rubber has not yet been released, overseas raw materials are relatively tight, and fundamental factors have supported
the price of Shanghai rubber.