Shanghai rubber contracts opened high and fluctuated, and the futures price closed slightly higher

News: 1.
ANRPC: Global demand for sky rubber in 2021 is expected to increase by 9.
3% to 14.
17 million tons
.
2.
Passenger car sales: Retail sales of passenger cars in the narrow sense are expected to decline by 17.
4% to 1.
58 million units
in September.
3.
Vietnam has issued instructions
to promote the production, circulation, sale and export of agricultural products.

Market quotation: Shanghai market 19 years state-owned full latex reported 12500 (+100) yuan / ton, Vietnam 3L reported 12450 (+100) yuan / ton
.
Qingdao market STR20 stock spot reported 1695 (-45) US dollars / ton, Qingdao market STR20 October cargo reported 1685 (-35) US dollars / ton
.
Qingdao area RMB Thai mix 11850 (+0) yuan / ton, RMB horse mix 11800 (+50) yuan / ton
.
Hainan state-owned glue into the whole dairy plant 11700 (+0) yuan / ton, into the concentrated dairy plant 12000 (+0) yuan / ton
.
The purchase price of glue from dry rubber plant in Yunnan production area refers to 11.
6-12 (0/0) yuan/kg, and the purchase price of glue from concentrated dairy plant refers to 11.
8-12 (0/0) yuan/kg
.
Thailand Hat Yai raw material market field glue 46.
7 (-1) baht/kg; Cup glue 44 (-0.
15) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 in North China market price 12100 (+0) yuan / ton; The market price of cis-butadiene rubber is 12900 (+0) yuan / ton
.

Warehouse receipt stock: RU warehouse receipt 199280 tons, + 750 tons; NR warehouse receipts 26,914 tons, - 553 tons
.

Main positions: RU2201 Top 20 long positions 80195, - 732; short positions 118074, -1763; long and short reduction, net space reduction
.

Summary: The recent rainfall in the main producing areas has a great impact on the rubber tapping work, but the rainfall is expected
to decrease in the coming week.
Affected by the epidemic, Thailand's shipping schedule delay is still serious, Vietnam's exports fell month-on-month in August, and it is expected that exports in September may still fall month-on-month, and the market generally expects that domestic imports can only increase
significantly from October.
The inventory in Qingdao maintained a high destocking speed, of which the decline in dark rubber expanded slightly month-on-month, and the light rubber resumed a slight increase
.
On the demand side, last week's tire starts rose sharply month-on-month but were still low, factories still controlled production under the pressure of finished product inventory, and there was still the possibility of stopping production when the
long holiday was approaching.
On the market, the RU2201 contract closed slightly higher, short-term attention to the support around 13200, if it falls below the space will further open, it is recommended to wait and see for
the time being.