Risk aversion surged, and Shanghai rubber maintained a volatile market

According to monitoring, the main contract of rubber futures fell slightly yesterday
.
Thai Hat Yai raw material market raw film 51.
74 (-0.
89) baht/kg; Tai San Tobacco Tablets 51.
59 (-0.
42) THB/kg; field glue 45.
5 (-0.
5) baht/kg; Cup glue 37 (0) baht/kg
.
The price of state-owned whole milk in Shanghai fell by about 50 yuan / ton in 14 years; The price of Tai No.
3 cigarette tablets was flat
.

On June 6, the U.
S.
Department of Commerce issued an announcement that it had filed an anti-dumping and anti-subsidy new exporter review investigation on Chinese passenger car and light truck tires in response to an application submitted by Shandong Xinghongyuan Tire Co.
, Ltd.
on February 25
, 2016.
The investigation period for the review of new exporters of anti-dumping is August 1, 2015 ~ January 31, 2016, and the investigation period of the review of new exporters of anti-dumping is December 1, 2014 ~ January 31, 2016
.
The U.
S.
Department of Commerce will issue the preliminary ruling
within 180 days of the date the new exporter review is filed.

Domestic news: In May 2016, the National Development and Reform Commission approved a total of 16 fixed asset investment projects, with a total investment of 78 billion yuan
.
Including 5 agricultural water conservancy projects, with a total investment of 9.
2 billion yuan; 4 transportation infrastructure projects with a total investment of 62.
1 billion yuan; 1 industrial project with a total investment of 800 million yuan; 4 high-tech projects with a total investment of 5.
7 billion yuan; 2 other projects, with a total investment of 200 million yuan
.

In terms of downstream starts, due to the approaching wheat harvest season, the tire operating rate in Shandong will decline
.
The export market has shrunk
on the spur of the postponement of the "double-reverse" sanctions.
Due to sluggish demand, the operating rate of domestic tire companies is likely to continue to decline
.

At present, the market has escalated concerns about Brexit, and the surge in global risk aversion has helped the US dollar index to strengthen again, which has weighed on various commodities.
In the context of the rise of short-term risk factors and the continued weakening of demand for Tianjiao, how difficult it is for Tianjiao to strengthen, the night market broke the 20-day moving average and continued to come under pressure, on the whole, the shock idea is short and short-term operation
.
It is expected that short-term rubber futures prices will remain volatile
.