July 19 Shanghai rubber morning review

U.
S.
crude futures fell to a two-month low on Monday as the strongest oil rally since the financial crisis could come to an end as the latest signs of a growing oversupply of refined products and fears of weakening demand could bring to an end
.
The NYMEX crude oil futures contract for August ended down 1.
55 percent at $
45.
24 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10750-10800 (-250/-200) yuan / ton; Vietnam's 3L quotation is 11000-11100 (0/-100) yuan/ton; 15 years Thailand No.
3 smoke 12800 (0) yuan / ton; RMB mixed rubber 10700 (+450) yuan/ton
.
Thai Hat Yai raw material market raw film 55.
77 (0) baht/kg; Tai San tobacco tablets 58.
77 (0) baht/kg; Field glue 48 (0) baht/kg; Cup glue 40 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10750 yuan / ton (0).

News side: 1.
LMC and other companies expect U.
S.
sales to decline this year, with a small decline and a stable
trend.
2.
Beijing-Tianjin-Hebei heavy truck survey: expectations are optimistic, and most dealers are optimistic about the second half of the year
.

Warehouse receipt inventory: Exchange warehouse receipts reported 307820 tons, an increase of 2120 tons
.

Qingdao Free Trade Zone inventories continued to decline, and heavy-duty truck sales continued to grow sharply year-on-year in June, and China's tire exports were strong, indicating that downstream demand was performing well
.
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
.