Shanghai rubber is mainly uplifted, and the proximal end is stronger

The daily average of Thailand is 26.
9°C, and the rainfall is 22mm
.
Among them, the daily average of 28.
1 °C in the south decreased, the south began to gradually stop cutting, and the glue strengthened
.
The latest glue closed at 43.
5 baht/kg, the cup glue +7 baht/kg, and the premium structure increased +1.
3 baht/kg
from before the holiday.
The average daily temperature in Malaysia is 27.
5°C and the rainfall is 179mm
.
The climate is conducive to output and supply is stable
.
Local glue closed this week at $932/ton, liter cup glue +$485/ton, and the premium structure was -$4/ton
less than before the holiday.
Yunnan stopped cutting, the temperature began to rise, the daily average of 14.
6 °C, rainfall of 60mm
.
Hainan stopped cutting, the average daily temperature was 20.
5 °C, and the rainfall was 205mm
.
The trading of raw films was very limited, reporting 10,500 yuan / ton, which was consistent
with before the holiday.

Most of the US dollar glue quotations were consolidated, and Vitech mixed a large
decline.
Tobacco sheet cargoes closed at $1,770-1,780 tonnes, and Thai standard cargoes closed at $1,510/ton, both down -$10/ton
from before the holiday.
Thai standard flat water horse standard, and before the festival for the state of premium +15 US dollars / ton
.
Due to the stimulation of arbitrage demand, the supply of mixed rubber has been very sufficient recently, and Thai mixed rubber closed at $1520/ton, and the premium of standard rubber was significantly reduced to +10 US dollars / ton
.
RMB glue generally rose
.
Full latex old rubber closed at 11,600 yuan / ton, up +100 yuan / ton from before the holiday, the most obvious
increase.
Tobacco tablets closed at 14200 yuan / ton, Thai mixed with 10950 yuan / ton, Vietnam 3L reported 11850 yuan / ton, and bid two reported 11500 yuan / ton, all up 50-100 yuan / ton
from before the holiday.

As of January 17, the rubber stock in Qingdao Free Trade Zone was 246,300 tons
.
Among them, 137,000 tons of standard rubber, 04,000 tons of compound glue, and 105,000 tons
of synthetic glue (including mixed glue).
Standard and mixed rubber continued to accumulate, with total inventories increasing by +4.
5%
from the beginning of January.
As of February 9, the rubber inventory in the previous period was 432,000 tons, and the inventory futures were 379,000 tons, the difference between the two was 53,000 tons
.
Deceleration has accumulated, but it is still at a historically high level
.
As of February 10, Japan's TOCOM accumulated +636 tons to 12238 tons, of which +1093 tons were in storage and -457 tons
were outbound.
Nippon rubber is still accumulating and has reached a high level
in the past 3 years.

The domestic all-steel operating rate is 58.
2%.

With the end of the Spring Festival holiday, some tire manufacturers have begun to resume production, most tire companies resumed work from February 21 to 23, a small number of manufacturers are still in the process of shutdown, the resumption of work enterprises has not yet returned to the normal level, it is expected that the recent manufacturers will gradually recover
.
Domestic semi-steel operating rate of 61.
8%, the end of the Spring Festival holiday, affected by logistics, tire market trading less, only a few tire agents officially returned to the market, is expected to begin to fully resume work in the near future, market trading is expected to gradually begin to recover
.
There is no new guidance on the market price policy, and most of them are subject to the pre-holiday price operation
.

The trading volume of Shanghai rubber was 666,000 lots (2 working days), down -114,000 lots or -14.
6% from 780,000 lots (3 working days) last week, and the position was 426,000 lots, down -04,000 lots or -0.
9%
from 430,000 lots last week.
After the festival, the Shanghai rubber is mainly raised, and the proximal end is stronger
.
05 The contract runs near the upper line, short-term can be short, and the stop loss
is set at 13200 points above.