Shanghai rubber fell to rebound, and the futures price fluctuated to close higher

News: 1.
In the first half of 2021, Cambodia's rubber exports reached 132,000 tons
.
2.
The Thai Rubber Authority implemented a policy of slowing down rubber sales to stabilize rubber prices
.
3.
The Malaysian Rubber Glove Manufacturers Association implores that the Selangandah Glove Factory be allowed to operate
.

Market quotation: Shanghai market 19-year state-owned full latex reported 12950 (-50) yuan / ton, Vietnam 3L reported 12750 (-100) yuan / ton
.
Qingdao market STR20 stock spot reported 1665 (+5) US dollars / ton, Qingdao market STR20 August cargo reported 1665 (+5) US dollars / ton
.
Qingdao area RMB Thai mix 12100 (+100) yuan / ton, RMB horse mix 12000 (+100) yuan / ton
.
Hainan state-owned glue into the whole dairy plant 12100 (+0) yuan / ton, into the concentrated milk plant 11900 (+0) yuan / ton
.
The purchase price of glue from dry rubber factory in Yunnan production area refers to 12.
0-12.
3 (+0.
1/+0) yuan/kg, and the purchase price of glue in concentrated dairy plant refers to 12.
0-12.
3 (+0/+0) yuan/kg
.
Thai Hat Yai raw material market field glue 42.
5 (+0) baht/kg; Cup glue 42.
7 (+0.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China market price 12800 (+200) yuan / ton; The market price of cis-butadiene rubber is 12500 (+200) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 174750 tons, +0 tons; NR warehouse receipt 52789 tons, - 1210 tons
.
Main positions: RU2109 Top 20 long positions 111152, +1940; short positions 156309, -2653; increase and decrease short, net space decrease.

Summary: At present, it is in the global seasonal production increase cycle of tianjiao, the weather in the main production areas is normal, and the raw materials continue to increase, but the epidemic in Thailand has caused the market to worry about
foreign workers.
The output of raw materials in Hainan production area is high, and the price of glue into the concentrated dairy plant is discounted into the full latex factory, which is conducive to the increase of the amount of full latex, but it is affected by tropical depression in the short term, or there may be heavy rainfall; The cutting rate in Yunnan production area continued to increase, and the gum production of gum trees was basically normal, and rapid increase was expected
.
The public health incident in Ruili, Yunnan Province, may tighten the border, and alternative planting indicators may continue to be delayed
.
In terms of inventory, China's natural rubber social inventory continued to decrease week-on-week, and the year-on-year decline has expanded, it is reported that the number of arrivals in July will increase slightly month-on-month, but the absolute number is still at a low level
.
On the demand side, weak domestic and foreign sales, high inventories of finished products in factories, coupled with environmental factors, the operating rate of domestic tire factories fell sharply last week, and the recent digestion of inventory is still the mainstay, and it is expected that the start is still at a low level
.
On the market, the RU2109 contract rebounded downward, focusing on the pressure
around 13450 in the short term.