Shanghai rubber increased its position and fell, it is recommended to wait and see for the time being

News: 1.
In 2017, Indonesia's natural rubber exports increased by 16% year-on-year, and exports to China soared by 47%.

2.
In 2017, South Korea's synthetic rubber production increased by 9.
3% year-on-year, and sales increased by 7.
9%
year-on-year.

Spot: the quotation of state-owned whole milk in the Shanghai market for 16 years was 11500 (-250) yuan / ton; Vietnam 3L quotation 11800-11900 (-200) yuan / ton; Thailand No.
3 tobacco tablets 14150 (-200) yuan / ton
.
Thai Hat Yai raw material market raw film 44.
99 (0) baht/kg; Tai San Tobacco Tablets 47.
29 (0) Baht/kg; Field glue 45 (0) baht/kg; Cup gum 36.
5 (+0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 13700 (0) yuan / ton; The market price of cis-butadiene rubber is 12900 (0) yuan / ton
.

From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.

From the downstream situation, the operating rate of all-steel tires and semi-steel tires in tire factories has picked up last week, but the price of raw materials such as carbon black, chemical additives, steel wire, and cord has risen sharply, the pressure of environmental protection supervision in the heating season has increased, and some areas have begun to collect environmental protection taxes and other comprehensive factors, all of which have a direct impact
on the recent start of tire factories.

From the plate point of view, the main 1805 contract price of Shanghai rubber short-term test of support around 12500, it is recommended to wait and see
for the time being.