Rubber fell under pressure and futures prices closed slightly lower

News: 1.
China's imports of natural and synthetic rubber (including latex) in October were 500,000 tons
.
February and September U.
S.
tire imports from China continued to decline
month-on-month.
3.
According to Longzhong Information statistics, the start of semi-steel tires this week was 67.
76%, up 0.
36% month-on-month and 0.
26% year-on-year; All-steel tires started 67.
24% this week, down 0.
46% month-on-month and 6.
56%
year-on-year.

Market quotation: the quotation of 18-year state-owned whole milk (Yunxiang) in the Shanghai market is 11450 (-150) yuan / ton; Vietnam's 3L quotation is 11300 (-100) yuan / ton; Thailand No.
3 tobacco tablets 14100 (-150) yuan/ton; Yunnan 19 years full latex 11350 (+0) yuan / ton
.
Thai Hat Yai raw material market raw film 38.
1 (+0) baht/kg; Tai San Tobacco Tablets 39.
95 (+0.
05) THB/kg; field glue 38.
3 (+0.
3) baht/kg; 32.
5 (-0.
5) THB/kg
.
SMR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1350 (+0) US dollars / ton; SIR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1350 (+0) US dollars / ton; STR20 Qingdao Free Trade Zone warehouse warehouse price increase of 1365 (+0) US dollars / ton
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 10600 (+200) yuan / ton; The market price of cis-butadiene rubber is 10800 (+200) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 433300 tons, +1010 tons; NR warehouse receipt 0 tons
.
Main positions: RU2001 top 20 long positions 69421, -1672; short positions 104057, -2142
.
Long and short are reduced together, and headroom is reduced
.

Summary: At present, domestic and foreign production areas are in the rubber tapping period, although the recent increase in rainfall in Thailand has affected production, but with the arrival of the strong supply period, the future supply pressure is still greater
.
Recently, the overall operation of Shandong tire enterprises has remained stable, and it is currently in the stage of strict inspection of environmental protection in autumn and winter, and the start of enterprises will be affected from time to time, and short-term tire manufacturers will start work or mainly stabilize
.
In terms of the end market, the sales volume of heavy trucks continued to improve, and near the end of the year, the elimination and renewal policy of diesel trucks under China III stimulated the demand for new vehicles in the heavy truck market, which supported the consumption of natural rubber
.
Technically, the Shanghai rubber RU2001 contract closed down in volatility, focusing on the support around 11880 below, and it is recommended to trade in the 11880-12200 range in the short term; The NR2002 contract is recommended to trade
in the 10050-10200 range for short term.