May 23 Shanghai rubber morning review

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10450 (-100) yuan / ton; Vietnam's 3L quotation is at 11000 (-200) yuan / ton; 15 years Thailand No.
3 smoke 11850 (-250) yuan / ton; RMB mixed rubber 9900 (-300) yuan / ton
.
Thai Hat Yai raw material market raw film 58.
29 (0) baht/kg; Tai San tobacco tablets 60.
17 (0) baht/kg; Field glue 58 (0) baht/kg; Cup glue 45 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 11000 yuan / ton (-150), cis-butadiene rubber market price 10400 yuan / ton (0).

News side: 1.
This week, rubber stocks in Qingdao Free Trade Zone continued to decline
.
2.
Sumitomo Rubber's overall sales in the first quarter were good
.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 293,950 tons, a decrease of 330 tons
.

On the whole, the inventory in Qingdao Free Trade Zone is still declining, and the sales volume of heavy trucks in April increased year-on-year and has a trend of expansion, indicating that demand is gradually picking up
.
The operating rate of downstream tire factories has declined, and slightly lower than the same period last year, with the domestic rubber production area has been cut one after another, raw material supply and demand is tight or eased, but due to the impact of drought, the supply of production areas has not yet increased
.
The Shanghai rubber 1609 contract continued to fall sharply overnight, focusing on the 10500 first-line support and cautiously chasing the short
.