January 18 Shanghai rubber morning review

Outside trading: Crude oil futures rose on Tuesday, supported
by optimistic expectations from Saudi Arabia's oil minister and a sharp drop in the U.
S.
dollar.
The NYMEX February crude futures contract closed up $0.
11, or 0.
2 percent, at $52.
48 a barrel
.

News: 1.
As of mid-January, rubber stocks in Qingdao Free Trade Zone soared, exceeding 120,000 tons
.
2.
ANRPC: Thailand flood cut Q1 global sky rubber production, annual output increased by 4%.

Spot: Shanghai natural rubber market 15 years state-owned whole milk quotation in 19950 (-150) yuan / ton; Vietnam's 3L quotation is 19100 (-200) yuan/ton; 15 years Thailand No.
3 tobacco tablets 21450 (-150) yuan/ton; RMB mixed rubber 19000-19200 (+350) yuan / ton
.
Thai Hat Yai raw material market raw film 84.
31 (+0.
22) baht/kg; Tai San Tobacco Tablets 88.
88 (+0.
67) THB/kg; field glue 80 (+3) baht/kg; Cup glue 72 (+1) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 24000 (+0) yuan / ton; The market price of cis-butadiene rubber is 25500 (+0) yuan / ton
.

Warehouse receipt inventory: Exchange warehouse receipts reported 253820 tons, an increase of 2340 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 mid-January 2017, the total rubber inventory of Qingdao Bonded Bureau rose by 16%, and the total inventory exceeded 120,000 tons
.
The price of synthetic rubber is significantly higher than the price of natural rubber, which has a certain support
for tianjiao.