July 7 Shanghai rubber morning review

Crude futures rose on Wednesday, trailing the stock market, other commodities and some currencies, but the shock from the oversupply of gasoline and Brexit hinted that the market would come under more pressure
later.
The NYMEX crude futures contract for August ended up 1.
8 percent at $
47.
43 a barrel.

Spot market: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10850 (-400) yuan / ton; Vietnam's 3L quotation is at 11000 (-200) yuan / ton; 15 years Thailand No.
3 smoke 12550 (-500) yuan / ton; RMB mixed rubber 10600 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 53.
89 (0) baht/kg; Tai San tobacco tablets 55.
65 (0) baht/kg; Field glue 46.
5 (0) baht/kg; Cup glue 40 (0) baht/kg
.
Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10600 yuan / ton (0), cis-butadiene rubber market price 10800 yuan / ton (0).

News side: 1.
India's rubber imports in May fell by 4.
1%
year-on-year.
2.
Sales in Canada increased by 7%
in June.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 303,430 tons, a decrease of 50 tons
.

Inventories in Qingdao Free Trade Zone continued to decline, and heavy-duty truck sales continued to increase sharply year-on-year in June, and China's tire exports rose 9%, indicating that downstream demand performance was acceptable
.
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
.