January 12 Shanghai rubber morning review

Outside trading: Crude futures climbed on Wednesday after data showed record refinery processing and Cushing, Oklahoma, crude inventories fell
.
The NYMEX February crude futures contract closed up $1.
43, or 2.
8 percent, at $52.
25 a barrel
.

Spot: Shanghai natural rubber market 15-year state-owned whole milk quotation at 17850 (+150) yuan / ton; Vietnam 3L quotation 18200 (+100) yuan / ton; 15 years Thailand No.
3 tobacco flakes 19450 (+200) yuan / ton; RMB mixed rubber 18200-18300 (+200) yuan / ton
.
Thai Hat Yai raw material market raw film 80.
09 (+3.
1) baht/kg; Tai San tobacco tablets 83.
71 (+2.
5) baht/kg; field glue 68 (+2) baht/kg; Cup glue 66 (+1.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 23200 (+200) yuan / ton; The market price of cis-butadiene rubber is 24800 (+0) yuan / ton
.

News: Japan's tire exports continued to decline in January and November
.
2.
India goes to currency, and China's tire sales may be affected
.

Warehouse receipt inventory: Exchange warehouse receipts reported 246490 tons, an increase of 3210 tons
.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in December 2016, the domestic heavy-duty truck market sold a total of about 76,000 vehicles of various types, an increase of 56% over the same period last year of 49,000 units, but also fell by 17% from November, indicating that the overall downstream demand is still performing well
.
From the perspective of circulation, as of January 4, rubber stocks in Qingdao Free Trade Zone fell by 0.
4%, but inventories are still at a low level
.
And the recent rise in the price of synthetic rubber has some support
for tianjiao.