September 30 Shanghai rubber morning review

Overnight market: New York, September 29 news, oil prices continued to rise on Thursday, extending the rally driven by OPEC's agreement to cut production
.
The NYMEX crude oil futures contract for November ended up $0.
78, or 1.
66 percent, at $
47.
83 a barrel.

News: January and August automobile production and sales boomed: automobile manufacturing profits increased by 43.
9%
year-on-year.
2.
The amount of scrap tires in the United States fell by 93%.

Spot market: the 15-year quotation of state-owned whole milk in the Shanghai market is about 11400 -11450 (+200/+200) yuan / ton; Vietnam 3L quotation 11900-12000 (+300/+300) yuan / ton; 15 years Thailand No.
3 tobacco tablets 13600-13900 (+200/+150) yuan/ton; RMB mixed rubber 11850 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 51.
52 (+0.
65) baht/kg; Tai San tobacco tablets 53.
6 (+0.
33) baht/kg; Field glue 50 (0) baht/kg; Cup glue 44.
5 (+0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12400 yuan / ton (+300); The market price of cis-butadiene rubber is 15,000 yuan / ton (+800).

Warehouse receipt inventory: Exchange warehouse receipts reported 291280 tons, an increase of 6850 tons
.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the sales volume of heavy-duty truck market has increased year-on-year, indicating that the overall downstream demand performance is better
.
From the perspective of circulation, rubber stocks in Qingdao Free Trade Zone fell to a new low
in the past five years.
The overall slight recovery in raw material market prices in Thailand, coupled with the recent sharp rise in synthetic rubber, provided support for natural rubber prices
.