Shanghai rubber futures showed a strong upward pattern

On the supply side, from a seasonal point of view, China, Vietnam and Thailand are currently in the shutdown stage, and global rubber production is in a seasonal trough, generally 3 to 4 is generally a low point of the year, and the supply pressure is small
.
Domestically, Yunnan new season cutting is expected to start at the end of March, but it is expected that the initial production release of the whole April is very limited, as of the end of February, the last issue said that the amount of Tianjiao warehouse order volume of 168,000 tons, the lowest level in nearly five years, 30% less than the same period in 2020, the problem of tight delivery products in the 2105 contract is likely to continue
.

In terms of demand, under the leadership of the "New Year in place" initiative in various places, the resumption of work and production of domestic tire enterprises after the Spring Festival this year has accelerated significantly, and the production of manufacturers has further accelerated after the Lantern Festival, while the sharp rise in raw material prices has stimulated the stocking sentiment of dealers, and the start of construction in March is expected to increase to six to seven percent
under the support of sales.
The heavy-duty truck market continued to perform strongly in February, with sales exceeding 110,000 units in February, a year-on-year increase of about 200%, continuing to refresh the monthly record
.

On the whole, after a large repair of the disk, the space to continue downward is very limited, the fundamentals of the rubber market are still more optimistic, and it is expected to usher in the supply and demand mismatch stage of supply and demand in the rubber stage from March to April
.
At present, the futures position is not recommended to chase short, you can rely on the 15000 line to buy long
.