Shanghai rubber contract increased its position and the futures price closed slightly lower

News: In January and August, U.
S.
tire imports increased by 2.
4% year-on-year, and imports from China fell by 1.
0%
year-on-year.
In February and August, US imports of Tianjiao increased year-on-year
.

In terms of spot: the quotation of 17-year state-owned whole milk (Baodao) in the Shanghai market was 10850 (0) yuan / ton; Vietnam 3L quotation 10900 (+50) yuan / ton; Thailand No.
3 tobacco flakes 12550 (-50) yuan/ton; Yunnan 18 years full latex 11400-11500 (0/0) yuan / ton
.
On the 15th, the anniversary of the death of the ninth king of Thailand, Bhumibol Adulyadej, was closed, and the Thai Hat Yai raw material market was closed
.

Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12200 (0) yuan / ton; The market price of cis-butadiene rubber is 13600 (0) yuan / ton
.

On the 12th, the enthusiasm of traders in Qingdao Free Trade Zone was lowered, the offer was scarce in the intraday stage, the enthusiasm for inquiry was acceptable, the difference between the trading price of Thai mixed and Thai standard narrowed, and the transaction price was narrowed overall
.
The transaction price is as follows: Thai standard: near port 1345 US dollars / ton, stable; Spot 1350 US dollars / ton, stable
.
Thai mix: 1345 US dollars / ton near the port, stable; November 1360 / ton
.
Horse label: 1340 US dollars / ton
on the port.
RMB Thai mix: old goods 10700 yuan / ton, new goods spot 10750-10800 yuan / ton, stable; 10,900 yuan / ton in November, up 50 yuan / ton; In December, 11,000 yuan / ton, up 50 yuan / ton
.

Inventories: futures inventories were 518,320 tons, down 1,360 tons
.

At present, the overall climate of the production area is relatively normal, and in the intermediate circulation link, although the latest statistics of Qingdao Free Trade Zone show a sharp decline in inventory, it is understood that there are factors
such as centralized outbound and statistical caliber adjustment.
In addition, the inventory of the previous period, outside the region and Yunnan production area is still at a high level, and the overall inventory pressure is still obvious
.

Downstream, the seasonal sales of tire factories tend to be better, and the increase in export tax rebates of tire products is beneficial to the tire industry, but the sales of heavy trucks are not optimistic
.
The short-term recommendation of the Shanghai rubber 1901 contract is to operate
in the 12000-12800 range.