January 23 Shanghai rubber morning review

Outside trading: Crude prices climbed on Friday on signs of tighter supply after major producers agreed to cut production and a weaker dollar
.
The NYMEX February crude futures contract closed up $1.
05, or 2 percent, at $52.
42 a barrel, which expired
.
U.
S.
crude futures for March ended up $1.
10, or 2.
1 percent, to settle at $
53.
22 a barrel.

News: 1.
In 2016, Vietnam's tianjiao exports increased by 10.
3% year-on-year to 1.
254 million tons, and exports to China increased by 30%.

2.
In December, South Korea's exports of synthetic rubber to the Chinese market rose
sharply year-on-year.

Spot: Shanghai natural rubber market 15-year state-owned whole milk quotation in 18950-19050 (-700/-700) yuan / ton; Vietnam 3L quotation 19300 (-500) yuan / ton; 15 years Thailand No.
3 tobacco tablets 20550 (-700) yuan/ton; RMB mixed rubber 18900 (-300) yuan / ton
.
Thai Hat Yai raw material market raw film 83.
6 (-0.
58) baht/kg; Tai San tobacco tablets 86.
97 (-1.
91) baht/kg; field glue 81 (+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 256440 tons, an increase of 2060 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.