Shanghai rubber futures prices closed lower short-term focus on support near the previous low

News: 1
.
The Malaysian Prime Minister announced that the total travel restriction order will continue to be delayed until the target is achieved.
2.
Passenger car association: Retail sales of passenger cars in the narrow sense in June are expected to be 1.
58 million units, down about 4.
8%
y/y.
3.
Due to the severe epidemic situation, the President of Indonesia ordered the implementation of an emergency restriction order
.

Market quotation: Shanghai market 19-year state-owned full latex reported 12400 (+0) yuan / ton, Vietnam 3L reported 12350 (+0) yuan / ton
.
Qingdao market STR20 warehouse spot reported 1660 (-10) US dollars / ton, Qingdao market STR20 July cargo reported 1660 (-10) US dollars / ton
.
Qingdao area RMB Thai mix 11900 (+0) yuan / ton, RMB horse mix 11850 (+0) yuan / ton
.
Hainan state-owned glue into the whole dairy plant 11800 (+0) yuan / ton, into the concentrated milk plant 11500 (+0) yuan / ton
.
The purchase price of glue from dry rubber plant in Yunnan production area refers to 11.
8-12.
3 (+0/+0) yuan/kg, and the purchase price of glue from concentrated dairy plant refers to 12.
0-12.
3 (+0/+0) yuan/kg
.
Field glue in Hat Yai raw material market in Thailand 46.
5 (-2) baht/kg; Cup glue 42 (-1) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 12400 (+0) yuan / ton; The market price of cis-butadiene rubber is 12100 (+0) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 174680 tons, - 60 tons; NR warehouse receipts 53,393 tons, - 544 tons
.

Main positions: RU2109 Top 20 long positions 116051, +2669; short positions 165759, +2665; long and short increased, net space decreased
.

Summary: At present, it is in the global seasonal production increase cycle of tianjiao, the weather in the main production areas is normal, and the raw
materials continue to increase.
The output of raw materials in Hainan production area is high, and the glue into the thick dairy plant is discounted into the price of the full latex factory, which is conducive to the increase of the amount of full latex; The cutting rate in Yunnan production area continued to increase, the cutting rate of Banna was about 8-90%, and the gum production of gum trees was basically normal, and rapid increments were expected
.
In terms of inventory, as of June 27, China's natural rubber social inventory continued to decrease week-on-week, and the year-on-month decline has expanded, it is reported that the number of arrivals in July will increase slightly month-on-month, but the absolute number is still at a low level
.
On the demand side, domestic and foreign sales are weak, factory finished product inventory is at a high level, coupled with the "centenary of the founding of the party", the operating rate of domestic tire factories is expected to decline
this week.
On the market, the center of gravity of the RU2109 contract price has shifted downward, focusing on the support
near the previous low in the short term.