January 19 Shanghai rubber morning review

Outside trading: Crude futures fell to a one-week low on Wednesday as a higher dollar and expectations of increased production by U.
S.
oil producers overshadowed the boost
from a decline in OPEC production from record highs.
The NYMEX crude oil futures contract for February ended down $1.
4, or 2.
67 percent, to settle at $
51.
08 a barrel.

News: 1.
In 2016, the number of truck tires imported by the United States from China fell by 17%.

2.
As of mid-January 2017, the total rubber inventory of Qingdao Bonded Bureau increased by 12.
4% from December 30, 2016 to 121,800 tons, and the total inventory exceeded 120,000 tons
.

Spot: Shanghai natural rubber market 15 years of state-owned whole milk quotation in 19750-19850 (-200/-100) yuan / ton; Vietnam 3L quotation 19800 (-100) yuan / ton; 15 years Thailand No.
3 tobacco tablets 21350 (-100) yuan / ton; RMB mixed rubber 19200 (+100) yuan / ton
.
Thai Hat Yai raw material market raw film 83.
88 (-0.
43) baht/kg; Tai San Tobacco Tablets 88.
55 (-0.
33) THB/kg; field glue 80 (+0) baht/kg; Cup glue 72 (+0) 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 254,460 tons, an increase of 640 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.