September 19 Shanghai rubber morning review

Overnight market: New York, September 15 news, crude oil futures fell to a one-month low on Friday, recording the third weekly decline in four weeks, OPEC exports rose and a major US gasoline pipeline shut down, continuing to weigh on crude oil prices
.
NYMEX crude oil futures for October ended down $0.
88, or 2 percent, at $
43.
03.

Spot market: the 15-year quotation of state-owned whole milk in the Shanghai market is about 10400 (+100) yuan / ton; Vietnam 3L quotation 10600-10700 (0/0) yuan / ton; 15 years Thailand No.
3 tobacco tablets 12500-12600 (+50/+50) yuan/ton; RMB mixed rubber 10800-10900 (0/+100) yuan/ton
.
Thai Hat Yai raw material market raw film 50.
45 (+0.
4) baht/kg; Tai San tobacco tablets 51.
85 (+1.
08) baht/kg; Field glue 49 (0) baht/kg; Cup gum 41 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 11300 yuan / ton (0); The market price of cis-butadiene rubber is 12500 yuan / ton (+200).

News side: 1.
Rubber stocks in Qingdao Free Trade Zone fell by 11.
5%, a new low
in nearly five years.
2.
In the first half of August, Vietnam's exports of tianjiao increased by 16.
9%.

Warehouse receipt inventory: Exchange warehouse receipts were reported at 299,030 tons, a decrease of 2,500 tons
.

Last week, whether it was an all-steel tire or a semi-steel tire, the operating rate was above 70% month-on-month, higher than the same period last year, and the heavy truck in August increased sharply year-on-year, indicating that the overall downstream demand performance was better
.
From the perspective of circulation, as of mid-September, rubber stocks in Qingdao Free Trade Zone fell by 11.
5%, a new low
in nearly five years.
Raw material prices in Thailand have risen steadily, indicating that supply is still not available, while the recent sharp rise in synthetic rubber has provided support
for natural rubber prices.