Shanghai rubber contract increased its position and contracted, and the futures price closed slightly higher

News: 1.
The large-scale high temperature weather on Hainan Island will continue, and there is drought in some areas
.
2.
According to Longzhong Information, as of the week of May 13, the operating rate of domestic semi-steel tire sample manufacturers was 66.
24%, up 11.
88% month-on-month and 15.
31% year-on-year; The operating rate of all-steel tire sample manufacturers was 70.
95%, up 14.
36% month-on-month and 1.
34%
year-on-year.
3.
In the first quarter of 2021, Thailand's natural rubber production fell by 4.
8%
year-on-year.

Market quotation: Shanghai market 19 years state-owned full latex reported 12850 (+50) yuan / ton, Vietnam 3L reported 12700 (+50) yuan / ton, Thailand No.
3 tobacco film reported 19550 (-150) yuan / ton
.
Qingdao market STR20 stock spot reported 1690 (+10) US dollars / ton, Qingdao market STR20 May cargo reported 1680 (+10) US dollars / ton
.
Hainan state-owned glue into the whole dairy plant 12400 (+100) yuan / ton, into the concentrated dairy plant 12600 (+100) yuan / ton
.
The purchase price of glue of dry rubber factory in Mengla area of Yunnan is 12.
5-12.
8 yuan / kg, and the purchase price of glue of concentrated dairy plant is 13-13.
3 yuan / kg
.
Thailand Hat Yai raw material market field glue 63.
5 (+0.
5) baht/kg; Cup gum 45 (+0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China Market price 13300 (+0) yuan / ton; The market price of cis-butadiene rubber is 12200 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 176870 tons, - 70 tons; NR warehouse receipt 55,854 tons, - 301 tons
.
Main positions: RU2109 Top 20 Long Positions 118011, +3028; Short Positions 168498, +3165; Long and Short Increase, Net Margin Increase
.

Summary: At present, the main producing areas at home and abroad have been cut one after another, and there are different rainfall
in the main production areas of tianjiao at home and abroad.
The cutting situation in Yunnan production area is not as expected, and the full cutting is expected to be in late May and early June, and the output of full latex is still low; The rainfall in Hainan production area has increased significantly, the price of raw materials has rebounded, and the price difference between glue into the latex plant and the whole dairy plant is low, which is conducive to the increase
of whole milk production.
In terms of inventory, China's tianjiao inventory continues to be depleted, it is understood that arrivals in May are still rare, and even spread to June, and it is expected that imports will remain relatively low in May
.
On the demand side, the early maintenance manufacturers basically resumed work as planned, last week the domestic tire factory operating rate increased sharply month-on-month, and with the gradual rise in temperature, truck and bus replacement market demand is expected to recover to boost the starting level, but the current factory domestic and foreign sales and shipments are still facing greater pressure, and it is difficult to significantly improve the enthusiasm for
starting.
On the market, the RU2109 contract closed slightly higher, focusing on the pressure around 13600 in the short term, and it is recommended to trade in the 13200-13600 range; The NR2107 contract is recommended to trade
in the 10500-11000 range.