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On Friday, the main 1801 contract of Shanghai rubber increased its position, and the futures price fell
sharply.
The date price closed at 15725 yuan / ton, down 5.
16%, increased 4088 lots, and traded 956858 lots
.
In terms of spot: the 15-year quotation of state-owned whole milk in the Shanghai market was 13350 (-450) yuan / ton; Vietnam's 3L quotation is 13800 (-200) yuan / ton; 15 years Thailand No.
3 tobacco flakes 16450 (-150) yuan / ton
.
Thai Hat Yai raw material market raw film 54.
02 (+0.
42) baht/kg; Tai San tobacco tablets 57.
25 (+0.
5) baht/kg; Field glue 55 (+0.
5) baht/kg; Cup glue 46.
5 (-0.
5) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 14100 (-200) yuan / ton; The market price of cis-butadiene rubber is 14500 (-200) yuan / ton
.
News: 1.
The meeting of the three-country rubber alliance is imminent, and Malaysia wants to stabilize prices and increase production
.
2.
Hankook Tire raised prices
again.
Summary of views: From the perspective of inventory, the recent continuous decline in rubber inventory in Qingdao Free Trade Zone provides support, while the sales data of domestic heavy trucks in August increased sharply year-on-year, indicating that downstream demand performed better
.
From the downstream situation, the operating rate of domestic all-steel tires and semi-steel tires fell year-on-year last week, mainly due to high temperature weather and environmental protection inspections that made it difficult for the factory operating rate to increase
significantly.
The Shanghai rubber 1801 contract focuses on support around 15600 in the short term, and trades in the 15600-16350 range
.