Shanghai rubber increased warehouse increment downstream demand remained good

Spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 18800-19000 (0/0) yuan / ton; Vietnam's 3L quotation is 19100 (-200) yuan/ton; 15 years Thailand No.
3 tobacco tablets 20200 (-300) yuan/ton; RMB mixed rubber 19400-19500 (+550) yuan / ton
.
Thai Hat Yai raw material market raw film 87.
85 (-0.
94) baht/kg; Tai San tobacco tablets 87.
8 (-2.
32) baht/kg; field glue 73 (-10) baht/kg; Cup glue 73 (-1) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 25000 (+600) yuan / ton; The market price of cis-butadiene rubber is 26200 (+200) yuan / ton
.

News: 1.
In 2016, Thailand's exports of Tianjiao decreased slightly by 1.
5%
year-on-year.
2.
Sales of heavy-duty trucks soared 1.
2 times in January The market may increase by 100,000 units
in the first quarter.

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 mid-January 2017, the total rubber inventory of Qingdao Bonded Bureau increased by 12.
4% from December 30, 2016 to 121,800 tons, and the total inventory exceeded 120,000 tons
.
The price increase of synthetic rubber is still strong, forming a certain support
for the Shanghai rubber futures price.
The Shanghai rubber 1705 contract focuses on support around 21000 in the short term, and it is recommended to trade
in the 19700-21000 range.