May 27 Shanghai rubber morning review

U.
S
.
crude futures briefly topped $50 a barrel on Thursday and closed slightly lower as investors gauged whether higher prices could unlock more output, adding to the already oversupplied market.
The NYMEX July contract closed down $0.
08, or 0.
2 percent, at $
49.
48 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 9900-10000 (-100/0) yuan / ton; Vietnam's 3L quotation is at 10500 (0) yuan / ton; 15 years Thailand No.
3 smoke 11650 (+50) yuan / ton; RMB mixed rubber 9400 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 55.
12 (+0.
55) baht/kg; Tai San tobacco tablets 57.
38 (+0.
58) baht/kg; Field glue 52 (-1) baht/kg; Cup glue 40 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10500 yuan / ton (+100), cis-butadiene rubber market price 10300 yuan / ton (+300).

News: According to data provided by AMIA, the Mexican automobile industry association, the country's automobile production fell 5% year-on-year in April, with new car sales rising 25% and exports falling 16%.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 297,510 tons, an increase of 50 tons
.

At present, the inventory of Qingdao Free Trade Zone is still declining, and the sales volume of heavy trucks in April increased year-on-year and expanded, 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 dry weather in the early stage, the supply of production areas has not yet increased
.