Shanghai rubber increased its warehouse and reduced its volume, and the downward exploration rebounded

Spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 17400 (-50) yuan / ton; Vietnam 3L quotation 17800 -17900 (0/+100) yuan/ton; 15 years Thailand No.
3 tobacco tablets 18700-18800 (-50/-250) yuan/ton; RMB mixed rubber 17500-17600 (+50) yuan / ton
.
Thai Hat Yai raw material market raw film 75.
35 (+0.
60) baht/kg; Tai San Tobacco Tablets 78.
78 (+1.
48) THB/kg; field glue 76 (+1) baht/kg; Cup glue 65 (+1) THB/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 20300 (-200) yuan / ton; The market price of cis-butadiene rubber is 22800 (0) yuan / ton
.

News: 1.
As of early March, rubber stocks in Qingdao Free Trade Zone increased by 6.
1%.

2.
The Thai government announced the indefinite postponement of the fourth national reserve rubber auction
.

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 82,000 vehicles in January 2017, an increase of 122% over the same period last year of 36,800 units, but an increase of 9%
month-on-month.
It shows that the overall demand for rubber downstream remains good
.
From the perspective of circulation, as of the end of February 2017, rubber stocks in Qingdao Free Trade Zone increased by about 6.
1% to 166,200 tons
.
The Shanghai rubber 1705 contract focuses on the pressure around 19300 in the short term, and it is recommended to trade
in the 18300-19300 range.