Under high pressure of environmental protection, the Shanghai rubber range fluctuates narrowly

News: In January and January, Malaysia's natural rubber production increased by 1.
4%
year-on-year.
2.
In January, Russia's exports of synthetic rubber increased by 4.
5% year-on-year, and exports to China decreased by 17.
6%
year-on-year.

In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market is 11900-12000 (+100/+100) yuan / ton; Vietnam 3L quotation 11900 (0) yuan / ton; Thailand No.
3 tobacco flakes 14500 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 46.
34 (+0.
17) baht/kg; Tai San Tobacco Tablets 49.
19 (+0.
31) THB/kg; Field glue 49.
5 (0) baht/kg; Cup gum 37.
5 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12200 (-100) yuan / ton; The market price of cis-butadiene rubber is 12300 (0) yuan / ton
.

From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.

From the downstream situation, although the tire factory will usher in the resumption of work after the holiday, the operating rate is expected to continue to increase, but the price of carbon black, chemical additives, steel wire, cord and other raw materials has risen sharply, as well as under high pressure of environmental protection, all have a direct impact
on the start of tire factories.
The short-term recommendation of the Shanghai rubber 1805 contract is to trade
in the range of 12550-12850.