Downstream demand is still good Shanghai rubber reports the doji

News: January and December South Korea's synthetic rubber production and sales reached a new high
.
2.
On March 7-8, 2017, Thailand's fourth reserve auction
.

In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 18500-18650 (-850/-700) yuan / ton; Vietnam 3L quotation 19200 (-200) yuan/ton; 15 years Thailand No.
3 tobacco tablets 19850-20050 (-800/-800) yuan/ton; RMB mixed glue 18900-19000 (+100) yuan / ton
.
Thai Hat Yai raw material market raw film 83.
83 (-1.
57) baht/kg; Tai San tobacco tablets 84.
77 (-2.
11) baht/kg; Field glue 73 (-1) baht/kg; Cup glue 69 (-1.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 21800 (-600) yuan / ton; The market price of cis-butadiene rubber is 23900 (-400) yuan / ton
.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the domestic heavy-duty truck market sold a total of 82,000 vehicles in January 2017, an increase of 122% over the same period last year of 36,800 units, but an increase of 9%
month-on-month.
It shows that the overall demand for rubber downstream remains good
.
From the perspective of circulation, as of mid-February 2017, rubber stocks in Qingdao Free Trade Zone rose by about 29%, exceeding 150,000 tons
.
The Shanghai rubber 1705 contract focuses on support around 19600 in the short term, and it is recommended to trade
in the 19600-21000 range.