April 13 Shanghai rubber morning review

Oil prices rose to a yearly high on Tuesday as expectations that major producers would reach a freeze deal at Sunday's meeting heated up
.
NYMEX crude for May delivery closed up $1.
81 at $
42.
17 a barrel.
The overnight Shanghai rubber 1609 contract rose 3.
11% to close at 12605 yuan / ton
.

News: 1.
In February 2016, Malaysia's tianjiao production fell by 26.
7% year-on-year, and the export volume fell by 5.
7%.

2.
U.
S
.
truck sales plunged 37% The economy is in a downturn.
3.
Brazil's auto market fell 23% in March, while passenger car sales fell by 22%.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 11350-11450 (+100/+100) yuan / ton; The quotation of 15 years full latex is 11700 (+100) yuan / ton; Vietnam's 3L quotation is 11600 (0) yuan / ton, and Thailand's No.
3 tobacco film is reported 12250-12350 (+150/+50) yuan / ton
.
Thai Hat Yai raw material market raw film 52.
55 (-0.
43) baht/kg; Tai San Tobacco Tablets 56.
66 (+0.
14) THB/kg; Field glue 55.
5 (0) baht/kg; Cup glue 45 (+0.
5) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 12000 yuan / ton (+200), cis-butadiene rubber market price 11200 yuan / ton (+600).

Warehouse receipt inventory: Exchange warehouse receipts were reported at 254,870 tons, a decrease of 100 tons
.

Thailand's government procurement of tobacco chips and Indonesia's storage and storage pushed up the price of overseas raw materials, while inventory in Qingdao Free Trade Zone is still declining, the operating rate of downstream tire factories has continued to rise, and manufacturers have accelerated stocking
.
In addition, affected by the tight supply of butadiene, the quotation of synthetic rubber remains strong, which has a certain boost effect
on natural rubber.