Rubber futures prices closed lower and the center of gravity shifted further downward

News: 1.
According to Longzhong Information statistics, the operating rate of semi-steel tire manufacturers this week was 67.
93%, down 0.
35% from the previous month and up 1.
13% from the same period last year; The operating rate of all-steel tire manufacturers was 68.
49%, up 0.
38% month-on-month and down 4.
58%
year-on-year.
In February, the European auto market increased by 8.
6% in October, and only the United Kingdom still fell
among the five major markets.
3.
Ministry of Finance: The subsidy budget for new energy vehicles in 2020 is 31.
4 billion yuan.

Market quotation: the quotation of state-owned whole milk (Yunxiang) in the Shanghai market for 18 years is 11700 (-150) yuan / ton; Vietnam 3L quotation 11750 (-150) yuan / ton; Thailand No.
3 tobacco flakes 14300 (-150) yuan/ton; Yunnan 19 years full latex 12100 (-100) yuan / ton
.
Thai Hat Yai raw material market raw film 38.
8 (-0.
16) baht/kg; Tai San Tobacco Tablets 41.
05 (-0.
5) THB/kg; field glue 39 (+0) baht/kg; 34 (+0) THB/kg
.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1415 (+0) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1415 (-5) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1425 (-5) US dollars / ton
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10700 (+0) yuan / ton; The market price of cis-butadiene rubber is 10800 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 167260 tons, -130 tons; NR warehouse receipt 0 tons
.
Main positions: RU2005 top 20 long positions 68557, +2882; short positions 101833, +5004; long and short increased, net short increased
.
NR2003 Top 20 Long Positions 22229, +536; Short Positions 21800, +778; Long and Short Growth, Net Long Decrease
.

Summary: At present, rubber tapping in the domestic Yunnan production area has entered the end, and the price of raw materials is higher than the same period last year, indicating that the supply is tight
.
However, Southeast Asia is still in a period of strong supply, and future supply pressure remains
.
Recently, the overall operation of Shandong tire enterprises is stable, and it is currently in the stage of strict environmental protection inspection in autumn and winter, and the start of enterprises will be affected from time to time, coupled with the current weak sales growth, it is difficult for manufacturers to have room for improvement
.
In terms of the end market, the sales volume of heavy trucks continued to improve, and near the end of the year, the elimination and renewal policy of diesel trucks under China III stimulated the demand for new vehicles in the heavy truck market, which supported the consumption of natural rubber
.
Technically, the Shanghai rubber RU2001 contract increased its position and closed down, and the market paid attention to the support around 12560, and if it fell below, it further looked down at the 12400 line; NR2003 contract increased and fell, short-term or continue to test the 10640 support strength, short idea operation
.