Shanghai rubber upward storage pressure after the market has a greater probability of oscillation

In terms of spot: the quotation of full latex (15 years) in Shanghai is 19700 yuan / ton (-200, daily rise and fall, the same below), and the basis of the near month is -1290 yuan / ton; Thailand RSS3 Shanghai market quotation 21250 yuan / ton (including 17% tax) (-150).

Today's spot price is slightly lower at a high level, and offers are rare
.

In terms of synthetic rubber prices, yesterday, the market price of Qilu Petrochemical Styrene-Butadiene Rubber 1502 was 21700 yuan / ton (+0, daily month-on-month), and the market price of Takahashi Cis-butadiene rubber BR9900 was 23100 yuan / ton (+0), and the price of synthetic rubber was high
.

It is expected that most of the main producing areas of Thailand will rain about 115mm in the coming week, most of the main producing areas of Indonesia will rain about 105mm, the main producing areas of Malaysia will rain about 95mm, most of the main producing areas of Vietnam will rain about 45mm, and the rainfall in the main producing areas of rubber will increase
in the coming week.

In the coming week, the rainfall in the main rubber producing areas of Thailand will not decrease, and the price of raw materials may rise further, providing support for Shanghai rubber, but the Thai government dumps reserves, Shanghai rubber upward storage pressure, the future market is more likely to fluctuate, the new single is appropriate
.
Shanghai rubber RU1705 can continue to hold before, the new order is temporarily wait-and-see
.