Shanghai rubber reduced its position and increased the futures price fell again

News: 1.
In January 2018, China's imports of natural and synthetic rubber increased by 36.
7%
year-on-year.
2.
In 2017, the import of natural rubber from the United States increased by 2.
8%
year-on-year.

Spot: the quotation of state-owned whole milk in the Shanghai market for 16 years was 11400 (-100) yuan / ton; Vietnam's 3L quotation is 11700 (-100) yuan / ton; Thailand No.
3 tobacco flakes 14100 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 44.
99 (0) baht/kg; Tai San tobacco tablets 47.
9 (-0.
16) baht/kg; Field glue 44 (-1) baht/kg; Cup gum 36 (-0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 13700 (0) yuan / ton; The market price of cis-butadiene rubber is 12900 (0) yuan / ton
.

From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.

From the downstream situation, the operating rate of all-steel tires and semi-steel tires in tire factories has picked up last week, but the price of raw materials such as carbon black, chemical additives, steel wire, and cord has risen sharply, the pressure of environmental protection supervision in the heating season has increased, and some areas have begun to collect environmental protection taxes and other comprehensive factors, all of which have a direct impact
on the recent start of tire factories.

From the plate point of view, the main 1805 contract price of Shanghai rubber fell below the 12500 support, and it is recommended to wait and see
for the time being before the holiday.