Market sentiment is pessimistic, and Shanghai rubber has suffered a heavy setback

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10800 (-400) yuan / ton; Vietnam's 3L quotation is at 11700 (-250) yuan / ton; 15 years Thailand No.
3 tobacco tablets 12300-12350 (-350/-300) yuan/ton; RMB mixed rubber 10850-10950 (0/0) yuan/ton
.
Thai Hat Yai raw material market raw film 58.
67 (-1.
52) baht/kg; Tai San tobacco tablets 62.
26 (-1.
3) baht/kg; Field glue 60 (-0.
5) baht/kg; Cup glue 47 (-1) baht/kg
.

News: 1.
In the first quarter of this year, the number of Russian synthetic rubber exports to China doubled
.
From February to April, the cumulative export of commercial vehicles was 69,000.

At present, the inventory of Qingdao Free Trade Zone is still declining, but the decline has narrowed
.
Downstream tire factories have been compressed due to the rise in raw material prices, and the operating rate of semi-steel tires has declined
.

Localized rainfall in Thailand and slight
easing of dry weather.
In May, with the domestic rubber production area successively cut, the supply and demand of raw materials is tight or eased, but the supply of the production area has not yet been released, the precipitation is still less than in previous years, the positive factors still exist, and the fundamentals do not support the futures price to continue to fall
sharply.
Today's Shanghai rubber 1609 contract broke downward, pay attention to the 20-week moving average support, market sentiment is unstable, it is recommended to operate
cautiously.