Shanghai rubber main force increased its position, and the futures price fell slightly

News: 1.
Vietnam's Q1 exports of natural rubber to China fell by 7.
2%.

In February and February, the import and export volume of South Korea's synthetic rubber decreased
year-on-year.

In terms of spot: the quotation of state-owned whole milk in the Shanghai market for 16 years was 10550 (-50) yuan / ton; Vietnam 3L quotation 10900 (0) yuan / ton; Thailand No.
3 tobacco flakes 13300 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 46.
77 (+0.
72) baht/kg; Tai San Tobacco Tablets 48.
68 (+0.
02) THB/kg; Field glue 44.
5 (0) baht/kg; Cup glue 35 (+0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12500 (0) yuan / ton; The market price of cis-butadiene rubber is 12000 (0) yuan / ton
.

From the perspective of inventory, the inventory of Qingdao Free Trade Zone has declined, indicating that domestic spot began to destock during the shutdown period, and follow-up attention can be paid to whether inventory can continue to decline
.

From the downstream situation, the operating rate of tire factories has increased recently, but the price of raw materials such as carbon black, chemical additives, steel wire, cord and other raw materials has risen sharply, as well as under high pressure of environmental protection, all of which have a direct impact
on the operation of tire factories.
The short-term Shanghai rubber 1809 contract is recommended to trade
in the range of 11000-11800.