August 26 Shanghai rubber morning review

U.
S.
crude futures rose on Thursday on more signs that Iran may cooperate with
other oil exporters.
NYMEX crude oil futures for October ended up 1.
2 percent, settling at $
47.
33 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10150 (-200) yuan / ton; Vietnam's 3L quotation is 10600-10700 (-100/-100) yuan/ton; 15 years Thailand No.
3 tobacco sheet 12350 (-250) yuan / ton; RMB mixed rubber 10500-10600 (-100/-100) yuan / ton
.
Thai Hat Yai raw material market raw film 51.
16 (-0.
35) baht/kg; Tai San tobacco tablets 52.
85 (-0.
29) baht/kg; field glue 48 (-0.
5) baht/kg; Cup gum 39.
5 (-0.
5) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10700 yuan / ton (0), cis-butadiene rubber market price 10950 yuan / ton (0).

News side: 1.
China's tire exports returned to the growth track in July, and exports to the United States recovered
slightly.
In February and July, China's imports of tianjiao fell by 46%.

Warehouse receipt inventory: Exchange warehouse receipts reported 310,770 tons, down 1,880 tons
.

The sales data of heavy trucks in July continued to increase sharply year-on-year, and the operating rate of all-steel tires and semi-steel tires rose to 70% last week, and the overall demand performance was still good; At present, the inventory of Qingdao Free Trade Zone is still falling sharply, and the overseas raw materials are relatively tight due to factors such as weather and rubber tapping sentiment in the production area, and fundamental factors still support
the price of Shanghai rubber.