July 4 Shanghai rubber morning review

Crude futures rose on Friday as concerns about the impact of Brexit on crude oil demand waned, with NYMEX August crude futures closing up 1.
4 percent at $
48.
99 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10900 (-100) yuan / ton; Vietnam's 3L quotation is at 10900 (0) yuan / ton; 15 years Thailand No.
3 smoke 12700-12800 (-250/-150) yuan/ton; RMB mixed rubber 10300-10350 (+200/+250) yuan / ton
.
Thai Hat Yai raw material market raw film 54.
19 (0) baht/kg; Tai San tobacco tablets 57.
31 (0) baht/kg; Field glue 47 (+0.
5) baht/kg; Cup glue 39.
5 (0) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price 10400 yuan / ton (0), cis-butadiene rubber market price 10500 yuan / ton (0).

News side: 1.
As of the end of June 2016, rubber stocks in Qingdao Free Trade Zone fell by 11%.

2.
Nissan's global sales in May fell 2.
4%, while sales in China increased by 3.
4%.

Warehouse receipt inventory: Exchange warehouse receipts reported 301,270 tons, an increase of 840 tons
.

Inventories in Qingdao Free Trade Zone fell, while heavy-duty truck sales continued to grow sharply year-on-year in May, and China's tire exports rose 9%, indicating that downstream demand was performing well
.
With the successive cutting of domestic rubber production areas, the supply of raw materials began to increase, and the price of glue fell, but at present, due to the early weather reasons, the raw materials in the production areas have not yet been released
.