Shanghai rubber shrinkage fluctuated and closed slightly lower

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11850 (-300) yuan / ton; 15 years full latex 12100 yuan / ton; Vietnam's 3L quotation is at 12200 (-400) yuan / ton
.
Thai Hat Yai raw material market raw film 52.
55 (0) baht/kg; Tai San tobacco tablets 56.
66 (0) baht/kg; Field glue 55.
5 (0) baht/kg; Cup glue 45 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 12800 yuan / ton (+500), cis-butadiene rubber market price 11800 yuan / ton (+300).

News: Commercial vehicle sales in January and March were 384,000 units, up 3.
8%
y/y.
2.
Commercial vehicle exports in the first quarter were 49,000 units, down 37.
5%
y/y.
3.
Linglong Tire plans to invest THB 20 billion to expand the production capacity
of its plant in Thailand.

Thailand's government procurement of tobacco chips and Indonesia's storage and storage pushed up the price of overseas raw materials, while inventory in Qingdao Free Trade Zone is still declining, the operating rate of downstream tire factories has continued to rise, and manufacturers have accelerated stocking
.
In addition, affected by the tight supply of butadiene, the quotation of synthetic rubber remains strong, which has a certain boost effect
on natural rubber.
Today's Shanghai rubber 1609 contract contraction volatility, short-term attention to whether the futures price can stand firm 12500 line, it is recommended to wait for the futures price to pull back to around 12300 to buy, high risk increases, investors are advised to operate
cautiously.