The Shanghai rubber market fell again, and at one point it was close to the drop limit

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10300 (-550) yuan / ton; Vietnam's 3L quotation is at 10900 (-100) yuan / ton; 15 years Thailand No.
3 smoke 12050 (-550) yuan / ton; RMB mixed rubber 9800-10200 (-500/-100) yuan / ton
.
Thai Hat Yai raw material market raw film 51.
79 (-0.
9) baht/kg; Tai San tobacco tablets 53.
79 (-0.
21) baht/kg; Field glue 46.
5 (0) baht/kg; Cup glue 38.
5 (-0.
5) baht/kg
.

Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10800 yuan / ton (0).

News: 1.
Toyota Thailand's major layoffs are not caused by
divestment and transfer of production bases.
2.
Overall sales in Western Europe rose 6% in June, while sales in the UK suffered setbacks
due to Brexit.

Inventories in Qingdao Free Trade Zone continued to decline, and heavy-duty truck sales continued to increase sharply year-on-year in June, and China's tire exports rose 9%, indicating that downstream demand performance was acceptable
.
With the successive cutting of domestic rubber production areas, the supply of raw materials has increased, and the price of glue has fallen, but the raw materials in the production areas have not yet been released due to the weather in the early stage
.
The Shanghai rubber 1609 contract continued to fall today, rebounding slightly after support around 10500, and short-term recommendations are to trade
in the 10500-11000 range intraday.