Shanghai rubber stopped falling slightly and reduced its position increment

Spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 17600-177600 (+100/+100) yuan / ton; Vietnam 3L quotation 18100 (+200) yuan/ton; 15 years Thailand No.
3 tobacco tablets 19000 (+200) yuan / ton; RMB mixed rubber 17600-17700 (-350) yuan / ton
.
Thai Hat Yai raw material market raw film 75.
8 (-0.
32) baht/kg; Tai San Tobacco Tablets 77.
11 (-1.
8) THB/kg; field glue 72 (+1) baht/kg; Cup glue 65 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 21000 (+1000) yuan / ton; The market price of cis-butadiene rubber is 23000 (0) yuan / ton
.

News: 1.
Shandong tire companies began to receive orders
from the United States.
2.
On March 7-8, 2017, Thailand's fourth reserve auction
.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the domestic heavy-duty truck market sold a total of 82,000 vehicles in January 2017, an increase of 122% over the same period last year of 36,800 units, but an increase of 9%
month-on-month.
It shows that the overall demand for rubber downstream remains good
.
From the perspective of circulation, as of mid-February 2017, rubber stocks in Qingdao Free Trade Zone rose by about 29%, exceeding 150,000 tons
.
The price of synthetic rubber is significantly higher than the price of Shanghai rubber, which forms a certain support
for the price of Shanghai rubber.
The Shanghai rubber 1705 contract focuses on the pressure around 19400 in the short term, and it is recommended to trade
in the 18400-19400 range.