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On Friday, the Shanghai rubber market rebounded
.
The main 1609 contract of Shanghai rubber closed at 11210 yuan / ton, unchanged from the settlement price of the previous trading day, reducing its position by 7296 lots, and trading 785032 lots
.
In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10550-10600 (-400/-350) yuan / ton; Vietnam's 3L quotation is at 11000 (-100) yuan / ton; 15 years Thailand No.
3 smoke 12450 (-450) yuan / ton; RMB mixed rubber 10300-10400 (+150/+200) yuan/ton
.
Thai Hat Yai raw material market raw film 54.
29 (-0.
13) baht/kg; Tai San tobacco tablets 56.
99 (+0.
3) baht/kg; field glue 47.
5 (+0.
5) baht/kg; Cup glue 39.
5 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10750 yuan / ton (0).
News: 1.
In May 2016, Malaysia's tianjiao production fell
year-on-year.
2.
Domestic aluminum alloy wheels were anti-dumping
by Argentina.
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
.
Today's Shanghai rubber 1609 contract downward rebound, the lower 11000 line support is better, short-term attention to the 10-day moving average pressure, it is recommended to trade
in the 11000-11500 range intraday.