Shanghai rubber increased its position and rose strongly

Spot: Shanghai natural rubber market 15-year state-owned whole milk quotation in 18850-19000 (+1000/+1150) yuan / ton; Vietnam 3L quotation 19000 (+800) yuan / ton; 15 years Thailand No.
3 tobacco tablets 20450 (+1000) yuan / ton; RMB mixed rubber 18400-18500 (+200) yuan / ton
.
Thai Hat Yai raw material market raw film 81.
57 (+1.
48) baht/kg; Tai San Tobacco Tablets 85.
34 (+1.
63) THB/kg; field glue 70 (+2) baht/kg; Cup glue 68 (+2) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 24000 (+800) yuan / ton; The market price of cis-butadiene rubber is 24800 (+0) yuan / ton
.

News: In January and November, Japan's synthetic rubber exports to China rose
sharply year-on-year.
2.
India goes to currency, and China's tire sales may be affected
.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the domestic heavy-duty truck market sold a total of about 76,000 vehicles in December, an increase of 56% over 49,000 units in the same period last year, but also down 17%
from November.
The sales volume of the monthly heavy-duty truck market increased sharply year-on-year, indicating that the overall downstream demand shrank
slightly.
From the perspective of circulation, as of December 30, 2016, the total rubber inventory of Qingdao Bonded Bureau increased by 2.
55% from December 15, 2016 to 108,300 tons, but the current inventory is still at a low level
.
The price of synthetic rubber has risen sharply, forming a certain support
for the futures price of Shanghai rubber.
The Shanghai rubber 1705 contract focuses on the pressure around 21000 in the short term, and it is recommended to trade
in the 19200-21000 range.