Rubber futures prices came under pressure and prices closed slightly lower

News: 1.
According to Longzhong Information, the construction of semi-steel tires started 67.
35% last week, up 1.
39% month-on-month and 5.
35% year-on-year; Last week, all-steel tires started 69.
96%, up 1.
58% month-on-month and down 0.
84%
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 11000 (-50) yuan / ton; Vietnam 3L quotation 11150 (-100) yuan / ton; Thailand No.
3 tobacco flakes 13450 (-100) yuan/ton; Yunnan 18 years full latex 10900 (+0) yuan / ton
.
The purchase price of natural rubber fresh glue and dry rubber of Hainan State-owned Rubber Processing Plant fell to 10,400 yuan / ton
.
Thai Hat Yai raw material market raw film 39.
47 (-0.
16) baht/kg; Tai San tobacco tablets 40.
67 (-0.
84) baht/kg; field glue 40 (+0) baht/kg; Cup gum 33.
5 (+0) baht/kg
.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1345 (-10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1350 (-5) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1355 (-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 404630 tons, -2050 tons; NR warehouse receipt 0 tons
.
Main positions: RU2001 Top 20 Long Positions 75627, +1001; Short Positions 115503, +3336
.
Long and short increase at the same time, headroom increases
.

Summary: At present, domestic and foreign production areas are in the rubber tapping period, and the weather in Southeast Asia is better, and the supply will increase significantly in the later period
.
On the demand side, the start of semi-steel tire and all-steel tire manufacturers rose slightly last week, but environmental protection factors before the National Day made some factories in Shandong have the expectation of stopping production and limiting production, and the overall operation of tire manufacturers will decline slightly
.
At present, the rubber tapping season is still facing an oversupply situation, and the rebound of futures prices is weak
.
However, the recent performance of synthetic rubber due to the sharp rise in butadiene prices has supported Shanghai rubber
.
Technically, the RU2001 contract price fell under pressure, focusing on the support around 11670 below, and it is recommended to trade in the 11670-11870 range in the short term; The NR2002 contract followed the weakening of Shanghai rubber, focusing on support around 9990, and short-term recommendations are to trade
in the 9990-10100 range.