Shanghai rubber increase and shrinkage The downward momentum is slightly insufficient

News: 1.
In the first half of 2018, China's imports of natural and synthetic rubber fell by 2.
4% year-on-year to 604,000 tons
.
2
.
The US $200 billion commodity levy list covers almost all products in the rubber industry.

In terms of spot: the quotation of 16-year state-owned whole milk (Yunxiang) in the Shanghai market is 10,000 (0) yuan / ton; Vietnam 3L quotation 10400 (-50) yuan / ton; Thailand No.
3 tobacco flakes 12250 (-150) yuan / ton
.
Thai Hat Yai raw material market raw film 43.
5 (0) baht/kg; Tai San Tobacco Tablets 45.
73 (+0.
12) THB/kg; Field glue 43 (0) baht/kg; Cup gum 35.
5 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12500 (+100) yuan / ton; The market price of cis-butadiene rubber is 13100 (+400) yuan / ton
.

The recent weakening of rain in the production area is conducive to the increase in the
production of new rubber.
After the end of the export restriction policies of Thailand, Malaysia and India, domestic imports increased
significantly.

From the perspective of inventory, Qingdao Free Trade Zone inventory continued to grow, while exchange inventory and hidden inventory also showed that the future market is still facing greater inventory pressure
.
However, at present, the futures price of Shanghai rubber and mixed rubber are close to flat water, and the futures price is close to the psychological threshold of 10,000 yuan, and the futures price continues to have a slight lack of downward momentum, and the short-term recommendation of the main 1809 contract of Shanghai rubber is to trade
in the range of 10000-10700.