Shanghai Rubber reduced its position and fell sharply

Spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 15700 (-500) yuan / ton; Vietnam 3L quotation 16200-16300 (-800/-800) yuan / ton; 15 years Thailand No.
3 tobacco tablets 17300 (-250) yuan / ton; RMB mixed rubber 16700 (-400) yuan / ton
.
Thai Hat Yai raw material market raw film 71.
33 (-1.
44) baht/kg; Tai San Tobacco Tablets 73.
59 (-0.
82) THB/kg; field glue 72 (+0) baht/kg; Cup glue 60.
5 (-2) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 17400 (-400) yuan / ton; The market price of cis-butadiene rubber is 19400 (-600) yuan / ton
.

News: 1.
As of March 17, 2017, rubber stocks in Qingdao Free Trade Zone increased by 12.
5% to 187,000 tons
.
2.
The import of natural rubber in the United States in January increased slightly by 0.
6%
year-on-year.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in February 2017, the domestic heavy-duty truck market sold a total of about 88,000 vehicles of various types, a significant increase of 152% over the same period last year, but an increase of 6%
month-on-month.
It set a record high for sales in the heavy-duty truck market in February, but heavy-duty truck sales fell short of expectations
.
From the perspective of circulation, as of March 17, 2017, rubber stocks in Qingdao Free Trade Zone increased by 12.
5% to 187,000 tons, an increase of 20,000 tons
from the previous month.
Thailand's reserve dumping suppressed
futures prices.
The Shanghai rubber 1705 contract focuses on support around 16200 in the short term, and it is recommended to trade
in the 16200-18000 range.