The Shanghai rubber market reduced its position and fell and the transaction contracted

In terms of spot: the quotation of state-owned whole milk in the Shanghai market for 14 years is about 11100-11150 (-250/-200) yuan / ton; Vietnam's 3L quotation is 11000-11200 (-400/-200) yuan/ton; 15 years Thailand No.
3 smoke 12850 (-100/-150) yuan/ton; RMB mixed rubber 10800-10900 (+100/+200) yuan/ton
.
Thai Hat Yai raw material market raw film 59.
79 (-0.
6) baht/kg; Tai San tobacco tablets 63.
78 (+0.
19) baht/kg; field glue 51 (+1) baht/kg; Cup glue 41 (+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 10700 yuan / ton (0).

News: 1.
In the first half of the year, China's tire exports increased by 1.
8%, and exports to the United States fell by 40%
in June.
2.
In the first six months of this year, Japan's synthetic rubber production fell by 5.
9%
year-on-year.

Qingdao Free Trade Zone inventories continued to decline, and heavy-duty truck sales continued to grow sharply year-on-year in June, and China's tire exports were strong, indicating that downstream demand was performing well
.
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 reduced its position to close lower, short-term focus on support around 11300, it is recommended to trade
in the 11300-11800 range.