July 13 Shanghai rubber morning review

Crude futures rose on Tuesday after expectations that non-OPEC producers would see a larger decline in crude production this year than previously expected
.
The NYMEX crude oil futures contract for August ended up 4.
6 percent at $
46.
80 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10600 (+250) yuan / ton; Vietnam's 3L quotation is at 10900 (+200) yuan / ton; 15 years Thailand No.
3 smoke 12650 (+450) yuan / ton; RMB mixed rubber 10000-10050 (+100/+100) yuan/ton
.
Thai Hat Yai raw material market raw film 53.
09 (+0.
72) baht/kg; Tai San Tobacco Tablets 54.
89 (+0.
7) THB/kg; Field glue 47 (0) baht/kg; Cup glue 39 (0.
5) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10500 yuan / ton (0), cis-butadiene rubber market price 10700 yuan / ton (-100).

News side: 1.
China Association of Automobile Manufacturers: In the first half of the year, China's automobile sales were 12.
8298 million units, a year-on-year increase of 8.
14%.

2.
The Russian auto market in June fell by 12.
5%
year-on-year.

Warehouse receipt inventory: Exchange warehouse receipts reported 304420 tons, an increase of 1450 tons
.

Inventories in Qingdao Free Trade Zone continued to decline, and heavy-duty truck sales continued to increase sharply year-on-year in June, and China's tire exports rose 9%, indicating that downstream demand performance was acceptable
.
With the successive cutting of domestic rubber production areas, the supply of raw materials has increased, and the price of glue has fallen, but the raw materials in the production areas have not yet been released due to the weather in the early stage
.