Shanghai rubber fell sharply and once touched a drop limit during the session

News: 1.
As of June 15, 2018, rubber stocks in Qingdao Free Trade Zone increased by 4%.

February and May, Vietnam's natural rubber exports to China soared by 160%
year-on-year.

In terms of spot: the quotation of state-owned whole milk in the Shanghai market for 16 years was 9800 (-400) yuan / ton; Vietnam's 3L quotation is 10300 (-300) yuan / ton; Thailand No.
3 tobacco tablets 12250 (-500) yuan / ton
.
Thai Hat Yai raw material market raw film 44.
26 (-1.
04) baht/kg; Tai San Tobacco Tablets 45.
59 (-1.
61) THB/kg; Field glue 44 (-1.
5) baht/kg; Cup gum 36 (-0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12100 (+100) yuan / ton; The market price of cis-butadiene rubber is 11900 (+100) yuan / ton
.

With the continuous increase in production, the glue in the production area has dropped
significantly.
The export restriction policies of Thailand, Malaysia and India ended, and domestic imports increased
significantly.

From the perspective of inventory, Qingdao Free Trade Zone inventory ended the destocking in the past three months, and with the gradual increase in the supply of new rubber, the inventory still has a growing momentum; And from the perspective of exchange inventory and hidden inventory, the future market is still facing greater inventory pressure
.
Affected by the escalation of Sino-US trade frictions over the weekend, the main 1809 contract of Shanghai rubber suffered a heavy setback, and it paid attention to the support of the 10,000 mark in the short term and paid attention to risk control
.