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US non-farm payrolls in May were less than expected, and uncertainty about the Fed's June interest rate hike increased
.
China's official manufacturing PMI was flat in May, and Caixin's manufacturing PMI turned from expansion to contraction, and commodity prices will continue to pull back with a high probability of pressure
.
Stocks in the bonded zone continued to increase, and rubber market quotations declined
.
At present, the increase in inventory in Qingdao Free Trade Zone has led to tight storage capacity, continuous increase in inventory in the previous period at a high level, and imported rubber in the first four months increased year-on-year, and oversupply is difficult to change
in the short term.
As of May 31, 2017, rubber stocks in Qingdao Free Trade Zone rose to 276,000 tons, an increase of 08,200 tons, or 3.
1%,
from 267,800 tons in mid-May.
Natural rubber increased by 09,100 tons, and synthetic rubber decreased by 00,900 tons, continuing to increase the total inventory of the
current period.
The global rubber producing regions ushered in a new season of rubber tapping season, and the supply further increased, resulting in an increase
in rubber stocks in the bonded zone.
Environmental protection inspections will be strengthened, and industrial production will slow down
.
The strengthening of environmental protection supervision in Beijing-Tianjin-Hebei and its surrounding areas will affect industrial production
.
The Ministry of Environmental Protection has mobilized 5,600 environmental law enforcement officers to conduct intensive inspections
in 28 cities in the Beijing-Tianjin-Hebei region and surrounding areas.
The goal of environmental protection inspections is mainly to fight the blue sky battle, and it is planned to be launched for one year, and the enforcement is unprecedented in the history of China's
environmental governance.
The recent poor weather conditions in rubber-producing areas and the continuous decline in raw material prices have also affected the slight decline of US dollar tobacco tablets; The rubber spot market transaction is relatively light
.
The road transportation situation is general, the inventory of tire agents has increased, merchants still adopt the method of buying as they go, the finished product inventory of tire factories has reached a high level, and the factory has maintained about
60%.
Rubber quotations are expected to continue to weaken
.
