August 5th Shanghai rubber morning review

Overnight market: U.
S.
crude futures rose on Thursday after an inventory report earlier this week sent mixed signals to traders about market supply levels
.
The NYMEX crude oil futures contract for September ended up 2.
7 percent at $
41.
93 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10500-10600 (-150/-150) yuan / ton; Vietnam's 3L quotation is 10800-10900 (-100/-100) yuan / ton; 15 years Thailand No.
3 smoke 12550 (-100) yuan / ton; RMB mixed rubber 10500 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 59.
04 (-0.
05) baht/kg; Tai San tobacco tablets 59.
89 (+0.
1) baht/kg; Field glue 52 (0) baht/kg; Cup glue 40 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10900 yuan / ton (0), cis-butadiene rubber market price 11000 yuan / ton (0).

News side: 1, the US car market increased slightly by 0.
4% to open the H2 market
.
2.
Ford's U.
S.
sales in July fell 3%.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 311,000 tons, an increase of 70 tons
.

Inventories in Qingdao Free Trade Zone continued to decline sharply, while heavy-duty truck sales increased sharply year-on-year, and China's tire exports were strong, indicating that downstream demand performance was acceptable
.
With the successive opening of domestic rubber production areas, the supply of raw materials has increased, but at present, due to the early weather conditions, the raw materials in the production areas have not yet been released, but the pressure of warehouse receipts of the 1609 contract will also drag down the 1701 contract
.