January 13 Shanghai rubber morning review

Outside trend: Crude futures rose on Thursday on reports that Saudi oil production cuts were higher than previously agreed
.
The NYMEX February crude futures contract closed up $0.
76, or 1.
50 percent, at $53.
01 a barrel
.

Spot: Shanghai natural rubber market 15-year state-owned whole milk quotation in 18850-19000 (+1000/+1150) yuan / ton; Vietnam 3L quotation 19000 (+800) yuan / ton; 15 years Thailand No.
3 tobacco tablets 20450 (+1000) yuan / ton; RMB mixed rubber 18400-18500 (+200) yuan / ton
.
Thai Hat Yai raw material market raw film 81.
57 (+1.
48) baht/kg; Tai San Tobacco Tablets 85.
34 (+1.
63) THB/kg; field glue 70 (+2) baht/kg; Cup glue 68 (+2) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 24000 (+800) yuan / ton; The market price of cis-butadiene rubber is 24800 (+0) yuan / ton
.

News: In January and November, Japan's synthetic rubber exports to China rose
sharply year-on-year.
2.
India goes to currency, and China's tire sales may be affected
.

Warehouse receipt inventory: Exchange warehouse receipts reported 247,350 tons, an increase of 860 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.