Rubber contracts reduced their positions and futures prices closed slightly higher

News: China's automobile production and sales in January and January were 1.
783 million and 1.
941 million units
, respectively.
2.
Vietnam's exports of tianjiao and mixed rubber in January fell
year-on-year.
3.
According to Longzhong information statistics, the operating rate of semi-steel tire manufacturers last week was 12.
1%, up 1.
92% month-on-month and down 21.
53% year-on-year; The operating rate of all-steel tire manufacturers was 15.
4%, up 3.
34% month-on-month and down 18.
1%
year-on-year.

Market quotation: Shanghai market 18-year state-owned full latex reported 11400 (+50) yuan / ton, Vietnam 3L reported 11600 (+50) yuan / ton, Thailand No.
3 tobacco film reported 13650 (+100) yuan / ton
.
Qingdao market STR20 stock spot reported 1390 (+15) US dollars / ton, Qingdao market STR20 January cargo reported 1390 (+15) US dollars / ton
.
Thai Hat Yai raw material market raw film 41.
7 (+0.
45) baht/kg; Tai San tobacco tablets 44.
77 (+0.
6) baht/kg; field glue 41.
8 (+0.
6) baht/kg; 34.
2 (+0.
2) THB/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 10000 (+0) yuan/ton; The market price of cis-butadiene rubber is 10000 (+0) yuan/ton
.

Warehouse receipt inventory: RU warehouse receipt 237460 tons, +0 tons; NR warehouse receipt 31,471 tons, +605 tons
.
Main positions: RU2005 Top 20 long positions 76335, -1813; short positions 110087, -943; long and short decrease, net short increased
.
NR2003 Top 20 long positions 2957, -382, short positions 3007, -129
.

Summary: The delay in the resumption of work by tire companies will adversely affect short-term natural rubber demand, and the accumulation of inventory caused by the increase in imports in the early stage will also put pressure on rubber prices
.
However, at present, the world has entered a low production period, and southern Thailand will also stop cutting early due to weather impacts, and the supply side supports futures prices
.
The recent epidemic control performance is optimistic, downstream tire factories have recovered one after another, and demand has gradually opened
.
On the plate, the RU2005 contract opened slightly higher and fluctuated, and the market paid attention to the pressure above the 11880 line, and treated it with short and many ideas; The NR2004 contract focuses on pressure around 10,000 and treats it with short ideas
.