Shanghai rubber downward probe to pick up The overall inventory pressure is still obvious

News: In January and August, Malaysia's tianjiao production increased by 2.
9%
year-on-year.
February and August U.
S.
tire imports increased by 2.
4% year-on-year, and imports from China decreased by 1.
0%
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 (0) yuan / ton; Thailand No.
3 tobacco tablets 12600 (+50) yuan/ton; Yunnan 18 years full latex 11400-11500 (0/0) yuan / ton
.
Thai Hat Yai raw material market raw film 40.
62 (0) baht/kg; Tai San Tobacco Tablets 43 (+0.
23) THB/kg; Field glue 41 (0) baht/kg; Cup gum 36.
5 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12100 (-100) yuan / ton; The market price of cis-butadiene rubber is 13400 (-200) yuan / ton
.

On the 15th, the enthusiasm of traders in Qingdao Free Trade Zone was raised, the enthusiasm of inquiry was acceptable, the difference between the trading price of Thai mixed and Thai standard narrowed, and the transaction price fell steadily as a whole
.
The transaction price is as follows: Thai standard: near port 1340 US dollars / ton, down 5 US dollars / ton; Spot 1345-1350 US dollars / ton
.
Thai mix: 1340 US dollars / ton near the port, down 5 US dollars / ton; 1355 US dollars / ton in November, down 5 US dollars / ton; $1365/ton
in December.
Ma Biao: 1330 US dollars / ton on the port, down 10 US dollars / ton; October 1340 / ton
.
Horse mix: 1320-1330 US dollars / ton
near port.

Inventories: futures inventories were 517,430 tons, down 890 tons
.

At present, the overall climate of the production area is relatively normal, and in the intermediate circulation link, although the inventory of Qingdao Free Trade Zone has dropped significantly, 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.