Rubber contracts broke through the previous resistance and the futures price closed slightly higher

News: 1.
According to Longzhong statistics, as of the week of July 2, the operating rate of semi-steel tire sample manufacturers was 67.
95%, up 0.
34% month-on-month and down 3.
34% year-on-year; The operating rate of all-steel tire sample manufacturers was 71.
39%, up 0.
75% month-on-month and down 0.
71%
year-on-year.
2.
ANRPC: Global consumption of sky gum in the first half of 2020 decreased by 15.
7%.

3.
The export volume of natural rubber from January to May in Côte d'Ivoire increased by 34%
year-on-year.

Market quotation: Shanghai market 18 years state-owned full latex reported 10350 (+100) yuan / ton, Vietnam 3L reported 10950 (+0) yuan / ton, Thailand No.
3 tobacco film reported 12800 (+150) yuan / ton
.
Qingdao market STR20 warehouse spot reported 1245 (+5) US dollars / ton, Qingdao market STR20 July cargo reported 1245 (+5) US dollars / ton
.
July 6 is Thailand's Buddhist Ramad, and the Thai Hat Yai Raw Material Market is closed
.
Domestic Yunnan Xishuangbanna glue is 9.
5-9.
7 (+0/+0) yuan/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China Market price 8200 (+0) yuan / ton; The market price of cis-butadiene rubber is 8400 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 229690 tons, + 200 tons; NR warehouse receipts 47,043 tons, - 1,008 tons
.
Main positions: RU2009 top 20 long positions 88791, + 1099; short positions 138756, + 2360; long and short increased, net short increased
.

Summary: From the current fundamental point of view, the current output of Banna raw materials is stable and upward, some areas have returned to normal levels, and it is heard that alternative planting raw materials are likely to enter in late July, and domestic supply has increased
significantly in the later period.
The production capacity of new rubber in the Thai production area has been released, and the raw materials in the production area are also gradually increasing
.
In terms of inventory, as of June 19, Qingdao's bonded warehousing rate was greater than the outbound rate, and the inventory inside and outside the region was about +1.
2%
month-on-month.
In the downstream, the operating rate of the domestic tire market rose slightly month-on-month last week, the domestic market shipped generally, the demand for supporting markets continued to weaken, and the replacement market was in the seasonal off-season; The overseas economy is in a state of slow recovery, the export market has concentrated shipments, and the inventory of finished products has fallen
slightly.
From the terminal point of view, the sales volume of heavy trucks is good, and the performance of tire supporting demand in the later period is expected to be better
driven by infrastructure.
On the market, affected by the sharp rise in the stock market, the RU2009 contract increased its position to the upside, and the futures price broke through the previous resistance, focusing on the pressure
around 10750 in the short term.