Shanghai rubber high opening oscillation, downstream demand is acceptable

In terms of spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10950-11100 (+250/+300) yuan / ton; Vietnam's 3L quotation is 10900-11000 (0/0) yuan / ton; 15 years Thailand No.
3 smoke 12350-12400 (+150/+200) yuan/ton; RMB mixed rubber 10550 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 59.
77 (+0.
38) baht/kg; Tai San tobacco tablets 61.
77 (+0.
28) baht/kg; Field glue 52 (0) baht/kg; Cup glue 40 (0) baht/kg
.

Synthetic rubber: East China Qilu petrochemical styrene-butadiene rubber 1502 market price 10800 yuan / ton (0), cis-butadiene rubber market price 10950 yuan / ton (0).

News: 1.
The corporate tax rate of the anti-dumping part of the US engineering tire to China was raised
.
2.
As of July 10, rubber inventories in Japanese ports continued to decline by 7.
5%.

Qingdao Free Trade Zone inventories continued to decline, and heavy-duty truck sales continued to grow sharply year-on-year in June, and China's tire exports were strong, indicating that downstream demand was performing well
.
With the successive cutting of domestic rubber production areas, the supply of raw materials has increased, and the price of glue has fallen, but the raw materials in the production areas have not yet been released due to the weather in the early stage
.
Today's Shanghai rubber 1609 contract once soared, but under pressure around 11250 fell back, short-term still focus on 11000 level support, it is recommended to trade
in the 11000-11500 range.