Shanghai rubber low opening oscillation, trading volume shrank sharply

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10150-10200 (0/+50) yuan / ton; Vietnam's 3L quotation is 10600-10700 (0/0) yuan/ton; 15 years Thailand No.
3 tobacco tablets 12400 (+50) yuan / ton; RMB mixed rubber 10400 (-150) yuan / ton
.
Thai Hat Yai raw material market raw film 50.
56 (-0.
6) baht/kg; Tai San tobacco tablets 52.
17 (-0.
68) baht/kg; Field glue 48 (0) baht/kg; Cup gum 39 (-0.
5) baht/kg
.

Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10700 yuan / ton (0), cis-butadiene rubber market price 10950 yuan / ton (0).

News: In January and July, mixed rubber imports continued to increase, and Vietnam grew
strongly.
2.
The growth rate of British automobile production slows down Brexit may cause car companies to transfer production capacity
.

The sales data of heavy trucks in July continued to increase sharply year-on-year, and the operating rate of all-steel tires and semi-steel tires rose to 70% last week, and the overall demand performance was still good; At present, the inventory of Qingdao Free Trade Zone is still falling sharply, and the overseas raw materials are relatively tight due to factors such as weather and rubber tapping sentiment in the production area, and fundamental factors still support
the price of Shanghai rubber.
The Shanghai rubber 1701 contract fell under pressure moving average system, focusing on support around 12200 in the short term, and it is recommended to trade
in the 12200-12650 range.