Downstream consumption is weak Shanghai rubber weakened slightly

The domestic whole milk quotation is 10,600 yuan / ton, and the futures price difference is 535 yuan / ton of futures price premium, and the price difference has widened
.
Affected by the warming atmosphere, the price of US dollar rubber in the port also began to rise
.

Thai raw material prices also began to stabilize in the second half of last week, following the rapid rise of the previous day, yesterday's price increase has eased, individual varieties fell again, there is news that India to import 300,000 tons of rubber from Thailand, the news will be Thailand's domestic raw materials and finished products prices are a certain boost, but the current rubber tapping season, the later supply will continue to make raw material prices continue to come under pressure
.

From the perspective of the top 20 main positions, yesterday's main net short increased again, and the main net short is still dominant
.

In the medium line, because of the arrival of the peak of tire production and the gradual approach of the preliminary cutting results of the two sides of the tire, the growth rate of downstream consumption will slow down in the later stage, and with the advent of the cutting season, the supply will gradually be abundant without problems, so the supply and demand of the middle line of Tianjiao is still a loose pattern
.
However, due to the warming of the macro atmosphere, the price of Tianjiao may be able to maintain the rebound trend, and due to the pressure of warehouse receipts, the upside is still limited, and it is recommended that investors wait and see for the time being
.