July 8 Shanghai rubber morning review

Overnight market: Crude oil futures fell on Thursday amid concerns that the gasoline glut will continue
despite strong demand during the summer driving peak.
The NYMEX crude oil futures contract for August ended down 4.
8 percent at $
45.
14 a barrel.

Spot market: the quotation of state-owned whole milk in the Shanghai market for 14 years is about 10850 (0) yuan / ton; Vietnam's 3L quotation is at 11000 (0) yuan / ton; 15 years Thailand No.
3 smoke 12600 (+50) yuan / ton; RMB mixed rubber 10300 (-300) yuan / ton
.
Thai Hat Yai raw material market raw film 52.
69 (-1.
2) baht/kg; Tai San Tobacco Tablets 54 (-1.
65) THB/kg; Field glue 46.
5 (0) baht/kg; Cup gum 39 (-1) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10800 yuan / ton (0).

News side: 1, ANRPC: In the first half of 2016, the output of tianjiao fell by 0.
3%, and the import and export situation in the second half of the year or sluggish
.
2.
Brexit has caused the yen to soar, and Toyota/Nissan profit expectations are under pressure
.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 303,380 tons, a decrease of 50 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
.