Shanghai rubber reduced the increase in the market pressure

News: 1.
As of June 15, 2018, rubber stocks in Qingdao Free Trade Zone increased by 4%.

In February and May, Thailand's exports of tianjiao increased by 7.
2% year-on-year, and mixed rubber increased by 71%
year-on-year.

In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 10050 (+150) yuan / ton; Vietnam 3L quotation 10600 (+100) yuan / ton; Thailand No.
3 tobacco tablets 12400 (+50) yuan / ton
.
Thai Hat Yai raw material market raw film 43.
95 (+0.
65) baht/kg; Tai San Tobacco Tablets 46.
29 (+0.
2) THB/kg; field glue 44.
5 (+0.
5) baht/kg; Cup gum 35.
5 (+0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12000 (-100) yuan / ton; The market price of cis-butadiene rubber is 11800 (0) yuan / ton
.

With the continuous increase in production, the glue in the production area has dropped
significantly.
The export restriction policies of Thailand, Malaysia and India ended, and domestic imports increased
significantly.

From the perspective of inventory, Qingdao Free Trade Zone inventory ended the destocking in the past three months, and with the gradual increase in the supply of new rubber, the inventory still has a growing momentum; And from the perspective of exchange inventory and hidden inventory, the future market is still facing greater inventory pressure
.
The main 1809 contract of Shanghai rubber focuses on the support of the 10,000 mark in the short term, and it is recommended to trade
in the range of 10,000-10,600.