Rubber opened high and fluctuated, and the futures price closed sharply higher

Thailand, Dec.
4, Thai government spokeswoman Rachada Dhnadirek said on Wednesday that Thailand's cabinet has approved a 20-year plan to cut rubber tree plantations by 21% during which the country will more than triple rubber exports
.
2.
According to Longzhong information statistics, the operating rate of semi-steel tire manufacturers this week was 67.
4%, down 0.
53% month-on-month and up 0.
60% year-on-year; The operating rate of all-steel tire manufacturers was 68.
22%, down 0.
27% month-on-month and 4.
85%
year-on-year.
3
.
ITRC: Major rubber producing countries consider adopting more export restrictions.

Market quotation: the quotation of 18-year state-owned whole milk (cloud elephant) in the Shanghai market is 12300 (+350) yuan / ton; Vietnam 3L quotation 12300 (+350) yuan / ton; Thailand No.
3 tobacco slices 14850 (+350) yuan/ton; Yunnan 19 years full latex 12400 (+300) yuan / ton
.
Thai Hat Yai raw material market raw film 39.
55 (+0.
5) baht/kg; Tai San Tobacco Tablets 43.
39 (+1.
84) THB/kg; field glue 39.
7 (+0.
4) baht/kg; 34.
8 (+1) THB/kg
.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1435 (+10) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1440 (+15) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse price increase of 1455 (+15) US dollars / ton
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11000 (+200) yuan / ton; The market price of cis-butadiene rubber is 11100 (+200) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 169100 tons, +8290 tons; NR warehouse receipt 404 tons, +202 tons
.
Main positions: RU2005 top 20 long positions 97594, +3522; short positions 139042, +2180; long and short increased, net space decreased
.
NR2003 Top 20 Long Positions 25241, +1795; Short Positions 24846, +1067; Long and Short Increase, Net Short to Net Long
.

At present, the domestic Yunnan production area has stopped cutting, the rubber latex supply in the Hainan production area is normal, and Southeast Asia is still in the period of strong supply, and the supply pressure is still worth paying attention to
.
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
.
Affected by the news that Thailand will cut rubber planting area by 21%, rubber futures prices rose sharply, and the Shanghai rubber RU2005 contract and NR2003 contract continued to fluctuate
at a high level during the day.
In the future, it is recommended that investors rationally treat the substantial impact of the news and pay attention to risk control
.