Shanghai rubber increased its position and rose and the futures price closed higher

News: Automobile dealers in January and April: inventory coefficient increased by 20.
5%
year-on-year.
2.
Chinese tire companies
appear on the US sanctions list.
3.
The two ministries and commissions issued specific policies on vehicle purchase tax to clarify the amount of
tax payable.

Market quotation: the quotation of 17-year state-owned whole milk (Yunxiang) in the Shanghai market is 11800 (+250) yuan / ton; Vietnam 3L quotation 12150 (+150) yuan / ton; Thai No.
3 tobacco tablets 13500 (+200) yuan/ton; Yunnan 18 years full latex 11800 (+100) yuan / ton
.
The purchase price of natural rubber fresh glue and dry rubber of Hainan State-owned Rubber Processing Plant was reduced to 12,700 yuan / ton
.
Thai Hat Yai raw material market raw film 52.
39 (+0.
3) baht/kg; Tai San tobacco tablets 54.
89 (+0.
5) baht/kg; field glue 50.
9 (+0.
1) baht/kg; Cup glue 42 (+0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 11300 (+0) yuan / ton; The market price of cis-butadiene rubber is 11500 (+0) yuan / ton
.

Warehouse receipt inventory: warehouse receipt 413880 tons, -100 tons
.
Main positions: Top 20 long positions 107346, +8372, short positions 135923, +3556
.
Long and short increase together, headroom decreases
.

Summary: At present, the domestic and foreign production areas are in the rubber tapping period, and the recent rainfall in the Yunnan production area has slightly alleviated the drought, but it is reported that the rubber tapping conditions are still not good; Thailand's dry weather has been significantly alleviated, and raw material output has increased
.
In terms of imports, the customs supervision of the import of mixed rubber has been strengthened, and the domestic import volume in the future market may be slightly reduced
.
From the perspective of inventory, inventory outside the bonded zone decreased slightly, but exchange inventory remained high
.
On the demand side, the recent domestic tire factory operation has remained generally good, but this year's export decline has been obvious, and domestic consumption has gradually entered the off-season, and the demand for the future market is not optimistic
.
From a technical point of view, the RU1909 contract below the moving average system support, the futures price stands firm at the 12000 line, the short-term or is expected to continue to strengthen, pay attention to the pressure around 12450 above, short-term more ideas operation
.