March 2 Shanghai rubber morning review

Spot market: The quotation of spot US dollar rubber in Thailand in the bonded zone was basically stable, and the domestic spot price was slightly raised by about
200 in some areas.
Domestic main sales area market, Shanghai 14 years full latex 17500 yuan / ton; The 14-year state-owned whole milk tax-free price in Hengshui is 16,800 yuan / ton; The 16-year full latex quotation in Yunnan was 18,000 yuan / ton, and the SCR5 report was 17,600 yuan / ton; Guangdong Vietnam 3L reported 18200 yuan / ton
.

The warehouse receipt of natural rubber futures in the previous period was reported at 269,920 tons, an increase of 1,710 tons
from the previous trading day.

Shanghai rubber has recently shown signs of stabilization, perhaps after a rapid decline in the early stage, the market has temporarily stopped
.
However, relative to other commodities, the current price is basically at a reasonable price
.
Now the downstream demand has not been fully released, the tire factory finished product inventory is backlogged, and the raw material inventory is enough for two weeks, and the trading atmosphere of the tianjiao market is poor
.
Recently, attention has been paid to the news
that Thailand has sold reserves again.
It is expected that before the end of March, before the completion of the month change, it is difficult to have a big market
.