July 26 Shanghai rubber morning review

U.
S.
crude futures fell to a three-month low on Monday as a summer glut and fading demand continued to drag oil prices back
from their strongest rally in years.
The NYMEX September crude futures contract closed down 2.
4 percent at $43.
13 a barrel
.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10850 (-250) yuan / ton; Vietnam's 3L quotation is 10900-11000 (-100/-200) yuan / ton; 15 years Thailand No.
3 smoke 12400 (-450) yuan / ton; RMB mixed rubber 10800 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 59.
64 (-0.
15) baht/kg; Tai San Tobacco Tablets 62.
93 (-0.
85) THB/kg; Field glue 51 (0) baht/kg; Cup gum 41 (0) 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 side: 1.
Linglong Tire's net profit in the first half of the year increased by 14 times
.
2.
The aftershocks of Brexit are still lingering, and GM plans to close the UK plant
.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 310,130 tons, a decrease of 860 tons
.

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
.