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On Tuesday, the Shanghai rubber market followed the decline of surrounding commodities to recover
.
The main 1609 contract of Shanghai rubber closed at 11840 yuan / ton, down 0.
38%, reducing its position by 11660 lots, and the transaction was 873444
.
In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11250 (-300) yuan / ton; Vietnam's 3L quotation is at 11200 (-200) yuan / ton; 15 years Thailand No.
3 smoke 13050 (-450) yuan / ton; RMB mixed rubber 10600 (+300) yuan / ton
.
Thai Hat Yai raw material market raw film 53.
89 (-0.
58) baht/kg; Tai San tobacco tablets 55.
65 (-2.
46) baht/kg; field glue 46.
5 (-0.
5) baht/kg; Cup gum 40 (+0.
5) baht/kg
.
News: In January and June, the inventory warning index of China's auto dealers was 59.
7%.
2.
Sales in Germany will increase to 3.
3 million units
in 2016.
Inventories in Qingdao Free Trade Zone continued to decline, and heavy-duty truck sales continued to increase sharply year-on-year in June, and China's tire exports rose 9%, indicating that downstream demand performance was acceptable
.
With the successive cutting of domestic rubber production areas, the supply of raw materials began to increase, and the price of glue fell, but at present, due to the early weather reasons, the raw materials in the production areas have not yet been released
.
Today's Shanghai rubber 1609 contract downward to rise, the lower moving average system support is better, short-term or continue the shock is strong, it is recommended to trade
in the 11650-12300 range.