Shanghai rubber futures prices closed slightly higher, short-term focus on pressure around 13950

News: 1.
The United States increased the number of
rubber imports from Vietnam in the first quarter.
2.
Thai Meteorological Authority: Hurricane Yaas, which carried rain from May 24 to 29, will affect seven provinces
.
3.
ANRPC: Global natural rubber production is expected to increase to 903,000 tons
in April 2021.

Market quotation: Shanghai market 19-year state-owned full latex reported 13150 (-150) yuan / ton, Vietnam 3L reported 12950 (-200) yuan / ton, Thailand No.
3 tobacco film reported 19850 (-150) yuan / ton
.
Qingdao market STR20 stock spot reported 1710 (+5) US dollars / ton, Qingdao market STR20 May cargo reported 1705 (+0) US dollars / ton
.
Hainan state-owned glue into the whole dairy plant 13000 (+0) yuan / ton, into the concentrated dairy plant 13800 (+600) yuan / ton
.
The purchase price of glue of dry rubber factory in Mengla area of Yunnan refers to 13-13.
3 yuan / kg, and the purchase price of glue of concentrated dairy plant refers to 13.
3-13.
5 yuan / kg
.
Thailand Hat Yai raw material market field glue 65 (+0.
8) baht/kg; Cup glue 46 (+0.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 13000 (+0) yuan / ton; The market price of cis-butadiene rubber is 12200 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 176490 tons, - 180 tons; NR warehouse receipt 53,556 tons, - 433 tons
.
Main positions: RU2109 Top 20 long positions 110249, + 3147; short positions 162317, +285; long and short increased together, net space decreased
.

Summary: At present, the main producing areas at home and abroad have been cut one after another, the upper volume in southern Thailand and Yunnan production areas is not as expected, coupled with the increase in rainfall in Yunnan and northern Thailand, raw material prices remain firm; The output of Hainan production area has increased rapidly, but the recent high temperature has affected the output, the price of raw materials has been continuously raised, the demand for concentrated milk has improved, and the price difference between glue into latex plant and whole dairy plant has widened, and whole milk raw materials
have been squeezed again.
In terms of inventory, China's tianjiao inventory maintained a decline, it is understood that arrivals in May are still rare, even spread to June, and imports are expected to remain relatively low in May
.
On the demand side, environmental factors are constrained, some factories in Dongying, Shandong Province have stopped and limited production, and the operating rate of domestic tire factories last week was lowered month-on-month, but this will ease inventory pressure
to a certain extent.
The shortage of foreign trade containers has dragged down manufacturers' shipments and inhibited the start of work, but as the temperature gradually rises, the demand for truck and bus replacement market is expected to recover, and domestic sales are expected to improve
.
On the market, the RU2109 contract fluctuates in a narrow range, focusing on the pressure around 13950 in the short term, and it is recommended to trade in the 13600-13950 range; The NR2107 contract is recommended to trade
in the 11000-11250 range.