Shanghai rubber high fluctuations chasing higher need to be cautious

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10900-11000 (-350/-250) yuan / ton; Vietnam's 3L quotation is 10900 (-100) yuan / ton, Thailand's No.
3 tobacco film is reported at 11700 (-300) yuan / ton, and the RMB mixed transaction is 10500 (+400) yuan / ton
.
Thai Hat Yai raw material market raw film 45.
45 (-0.
66) baht/kg; Tai San tobacco tablets 48.
66 (-0.
62) baht/kg; field glue 45 (+2) baht/kg; Cup glue 40 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 9700 yuan / ton (+200), cis-butadiene rubber market price 9600 yuan / ton (+100).

News: 1.
General Administration of Customs: China imported 310,000 tons of rubber in February, down 32.
6%
from the previous month.
2.
ANRPC: In 2016, the output of tianjiao is expected to increase by 1.
2%, and the export will increase by 0.
6%.

At present, Thailand has gradually entered the period of suspension, while the country has not yet been cut, and the market has entered a period
of green and yellow.
In the past three weeks, the inventory in the domestic bonded zone has been higher than the warehousing, while the operating rate of downstream tire factories has gradually recovered, there is a demand for replenishment after the holiday, and the sales volume of the heavy-duty truck market has risen unexpectedly sharply, all of which have provided positive support
for the market.
The macro currency over-issuance and stable growth expectations are the biggest drivers of this rise, but after the Shanghai rubber market experienced a sharp rise, long and short positions have been significantly reduced, short-term gains or slowdown, it is recommended to pay attention to the 40-week moving average pressure, chasing higher need to be cautious
.