Shanghai rubber increased its position and the futures price fell

News: 1.
In February 2018, China's imports of natural and synthetic rubber fell by 32.
5%
year-on-year.
2.
Continental tire sales increased by 8.
5%
in 2017.

Spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 11950 (-200) yuan / ton; Vietnam 3L quotation 11900 (-100) yuan / ton; Thailand No.
3 tobacco sheet 14500 (-200) yuan / ton
.
Thai Hat Yai raw material market raw film 46 (-0.
56) baht/kg; Tai San Tobacco Tablets 48.
5 (+0.
01) THB/kg; field glue 49 (+0.
5) baht/kg; Cup gum 37.
5 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12800 (-100) yuan / ton; The market price of cis-butadiene rubber is 12600 (-200) 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, although the tire factory will usher in the resumption of work after the holiday, the operating rate is expected to continue to increase, but the price of carbon black, chemical additives, steel wire, cord and other raw materials has risen sharply, and some regions began to collect environmental protection taxes and other comprehensive factors, all have a direct impact
on the tire factory start.

Recently, the Thai government has taken new measures to boost rubber prices, and short-term profits have been gradually digested, and the main 1805 contract of Shanghai rubber is recommended to operate with a short idea
.