May 9 Shanghai rubber morning review

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11600 (-250) yuan / ton; Vietnam's 3L quotation is 12200 (-400) yuan / ton; Thailand No.
3 tobacco tablets 12700 (-200) yuan/ton; RMB mixed rubber 11200 (-250) yuan / ton
.
Thai Hat Yai raw material market raw film 60.
59 (0) baht/kg; Tai San Tobacco Tablets 64.
79 (0) baht/kg; Field glue 61.
5 (0) baht/kg; Cup glue 49 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12500 yuan / ton (0), cis-butadiene rubber market price 11500 yuan / ton (-100).

News side: 1.
Last week, the rubber in and out of Qingdao Free Trade Zone was relatively light
.
February and April, the auto dealer inventory warning index was 57.
9%.

Warehouse receipt inventory: Exchange warehouse receipts reported 274,550 tons, an increase of 1,170 tons
.

Localized rainfall in Thailand and slight
easing of dry weather.
At present, the inventory of Qingdao Free Trade Zone is still declining, but the decline has narrowed
.
Downstream tire factories have been compressed due to the rise in raw material prices, and the operating rate of semi-steel tires has declined
.
In May, with the domestic rubber production area successively cut, the supply and demand of raw materials is tight or eased, but the supply of the production area has not yet increased, and many factors remain.

The Shanghai rubber 1609 contract closed slightly higher overnight, focusing on the pressure around 12450 in the short term, and trading
in the 12150-12500 range during the day.