June 14 Shanghai rubber morning review

Overnight market: Crude futures fell to a one-week low on Monday, weighed down
by signs of increased U.
S.
supply.
The NYMEX July crude futures contract closed down 0.
4 percent and settled at $
48.
88 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10200 (+150) yuan / ton; Vietnam's 3L quotation is at 10500 (+100) yuan / ton; 15 years Thailand No.
3 smoke 11800 (+100) yuan / ton; RMB mixed rubber 9800 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 52.
63 (-0.
9) baht/kg; Tai San Tobacco Tablets 52.
01 (-1.
88) THB/kg; Field glue 46 (-3.
5) baht/kg; Cup glue 37 (-2) baht/kg
.

News side: 1.
US Tire may make an emergency ruling
on China.
2.
In April 2016, Malaysia's tianjiao production increased by 16.
6% year-on-year, and the export volume increased by 14.
6%.

Warehouse receipt inventory: Exchange warehouse receipts reported 301,920 tons, an increase of 310 tons
.

On the whole, imported rubber maintained year-on-year growth in May, and inventory in Qingdao Free Trade Zone stopped falling and stabilized, but downstream heavy-duty truck sales in May increased sharply year-on-year, paying attention to the operating level of
tire factories in the later period.
With the successive cutting of domestic rubber production areas, the supply of raw materials began to increase, but due to the impact of dry weather in the early stage, the supply of production areas has not yet increased
.