May 31 Shanghai rubber morning review

Overnight Market: On Memorial Day in the United States, the WTI crude oil market is closed on Monday
.

News side: 1.
Thai customs: rubber exports in April 2016 fell
year-on-month.
2.
The United States postponed the preliminary anti-dumping ruling
on Chinese truck and bus tires.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 9950-10050 (+50/+50) yuan / ton; Vietnam's 3L quotation is at 10500 (-100) yuan / ton; 15 years Thailand No.
3 smoke 11550-11600 (-100/-50) yuan/ton; RMB mixed rubber 9700 (+200) yuan / ton
.
Thai Hat Yai raw material market raw film 56.
87 (+1.
02) baht/kg; Tai San tobacco tablets 58.
5 (+0.
5) baht/kg; Field glue 52 (0) baht/kg; Cup glue 40 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10500 yuan / ton (0), cis-butadiene rubber market price 10800 yuan / ton (+200).

Warehouse receipt inventory: Exchange warehouse receipts were reported at 302250 tons, an increase of 3490 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
.