Rubber contracts rebounded and fell back Futures prices closed slightly lower

News: 1.
General Administration of Customs: China's rubber imports in August increased by 30% year-on-year to 699,000 tons
.
2.
According to Longzhong Information, as of the week of September 3, the operating rate of domestic semi-steel tire sample manufacturers was 69.
77%, up 1.
67% month-on-month and 3.
81% year-on-year; The operating rate of all-steel tire sample manufacturers was 73.
90%, up 0.
81% month-on-month and 5.
52%
year-on-year.
In March and July, U.
S.
tire imports rose
for the second consecutive month.

Market quotation: Shanghai market 18-year state-owned full latex reported 11700 (+0) yuan / ton, Vietnam 3L reported 11450 (+0) yuan / ton, Thailand No.
3 tobacco film reported 15800 (+250) yuan / ton
.
Qingdao market STR20 stock spot reported 1430 (-10) US dollars / ton, Qingdao market STR20 September cargo reported 1435 (-10) US dollars / ton
.
Thailand Hat Yai raw material market field glue 46 (+0) baht/kg; Cup gum 36.
3 (+0) baht/kg
.
Domestic Yunnan Xishuangbanna glue into the dry rubber factory 10-10.
6 (+0/+0) yuan / kg, into the latex factory 10.
95 (+0) yuan / kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 8500 (+0) yuan / ton; The market price of cis-butadiene rubber is 8300 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 213180 tons, + 100 tons; NR warehouse receipt 32791 tons, + 1211 tons
.
Main positions: RU2101 top 20 long positions 93549, - 1242; short positions 148472, -346; long and short are reduced together, net short increases
.

Summary: From the current fundamental point of view, Banna is still in the rainy season, frequent precipitation is not conducive to rubber tapping, and raw materials are still in a tight state
.
At present, overseas alternative planting index rubber has entered the customs one after another, and it is reported that most of them are mainly finished products; Hainan rubber tapping work is carried out normally, and the output of new rubber can relatively meet the normal operation of the processing plant
.
In terms of inventory, the inventory outside the Qingdao Free Trade Zone continues to accumulate, and it is difficult to destock rubber during the peak supply season
.
In the downstream, tire manufacturers have generally shipped in the domestic market, good shipments in the export market and supporting markets, and the inventory of finished products of manufacturers is still high
.
The sales volume of the heavy-duty truck market continued to grow sharply year-on-year, showing strong demand for
terminals.
The September contract is close to delivery, and the low volume of warehouse receipts is favorable to the futures price
.
On the plate, the RU2101 contract price rebound is under pressure, short-term focus on support around 12450, it is recommended to trade in the 12450-12700 range; The NR2011 contract is recommended to trade
in the 9350-9600 range for short term.