Shanghai rubber reduced its position and volume rose sharply

Spot: Shanghai natural rubber market 15-year state-owned whole milk quotation in 17000-17100 (+800/+800) yuan / ton; Vietnam 3L quotation 17300-17400 (+300/+400) yuan / ton; 15 years Thailand No.
3 tobacco tablets 18250-18400 (+850/+900) yuan/ton; RMB mixed rubber 16800 (+50) yuan / ton
.
Thai Hat Yai raw material market raw film 73.
23 (+1.
06) baht/kg; Tai San tobacco tablets 76.
52 (+1.
02) baht/kg; field glue 70 (+0.
5) baht/kg; Cup glue 63 (+0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 18000 (-200) yuan / ton; The market price of cis-butadiene rubber is 20200 (+200) yuan / ton
.

News: 1.
ANRPC: In the first two months, the production of tianjiao fell by 2.
2%, and exports increased by 3%.

In February and February, Japan's butadiene and cis-butadiene gum production increased 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 the end of February 2017, the rubber inventory in Qingdao Free Trade Zone increased by about 6.
1% to 166,200 tons, of which the natural rubber inventory increased by 07,200 tons to 123,400 tons
.
The Shanghai rubber 1705 contract focuses on the pressure around 18700 in the short term, and it is recommended to trade
in the 17400-18700 range.