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Shanghai rubber 1701 contract pressure moving average system, short-term still need to pay attention to the 12000 integer mark support, it is recommended to trade
in the 11900-12300 range.
The overnight Shanghai rubber 1701 contract fell 0.
57% to close at 12110 yuan / ton
.
Crude futures fell on Wednesday after weekly inventory data showed U.
S
.
crude inventories rose to record highs.
NYMEX crude oil futures for October ended down 3.
56 percent, settling at $
44.
70 a barrel.
Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10,000 (-150) yuan / ton; Vietnam's 3L quotation is 10600-10700 (0/0) yuan/ton; 15 years Thailand No.
3 tobacco tablets 12500 (+50) yuan / ton; RMB mixed rubber 10450 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 50.
95 (-0.
2) baht/kg; Tai San tobacco tablets 52.
37 (-0.
4) baht/kg; Field glue 49 (0) baht/kg; Cup gum 39 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10750 yuan / ton (0), cis-butadiene rubber market price 10950 yuan / ton (0).
Warehouse receipt inventory: Exchange warehouse receipts were reported at 309,630 tons, a decrease of 1,160 tons
.
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 last week was stable at about 70%, and the off-season was not light, indicating that 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.