Rubber continued to fall, and futures prices closed slightly lower

News: 1.
According to Longzhong Information, the start of semi-steel tires this week was 61.
26%, down 6.
09% month-on-month and 3.
54% year-on-year; All-steel tires started 62.
49% this week, down 7.
47% month-on-month and 10.
51%
year-on-year.
2.
Thailand's exports of Tianjiao to China in August fell
year-on-year.
In March and August, the European auto market fell another 8.
6%, but it is also gradually recovering
.

Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 10750 (-200) yuan / ton; Vietnam's 3L quotation is 11000 (-100) yuan / ton; Thailand No.
3 tobacco flakes 13200 (-200) yuan/ton; Yunnan 18 years full latex 10850 (-100) yuan / ton
.
The purchase price of natural rubber fresh glue and dry rubber of Hainan State-owned Rubber Processing Plant fell to 10,000 yuan / ton
.
Thai Hat Yai raw material market raw film 38.
59 (-0.
5) baht/kg; Tai San tobacco tablets 39.
5 (-1.
3) baht/kg; Field glue 39.
3 (-0.
2) baht/kg; Cup glue 33.
1 (-0.
15) baht/kg
.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1330 (-10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1325 (-15) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse price increase of 1340 (-10) US dollars / ton
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11300 (+0) yuan / ton; The market price of cis-butadiene rubber is 12400 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 404230 tons, -350 tons; NR warehouse receipt 0 tons
.
Main positions: RU2001 Top 20 Long Positions 76760, +834; Short Positions 112749, -3960
.
Increase and reduce airspace, reduce
headroom.

Summary: At present, domestic and foreign production areas are in the rubber tapping period, the weather in Southeast Asia has improved, the supply has increased significantly, and the price of raw materials has fallen
.
On the demand side, in order to cope with the recent continuous occurrence of moderate to severe pollution weather, Shandong Province issued emergency plans for some factories in Guangrao area, and I heard that some factories have limited production by 50%.

In addition, China III vehicles will not be able to be transported on the road in the short term, and tire demand will slow down
.
At present, the rubber tapping season is still facing an oversupply situation
.
Technically, the RU2001 contract price fell under pressure, focusing on the support around 11350 below, and it is recommended to trade in the 11350-11650 range in the short term; The NR2002 contract followed the weakening of Shanghai rubber, focusing on support around 9700, and short-term recommendations are to trade
in the 9700-10000 range.