Shanghai rubber increase and contraction Pay attention to the short-term opportunity of the futures price

News: Sales of heavy trucks in January and February fell 21% to 68,000 units
.
2.
New vehicle sales in the U.
S.
in February fell 2.
3%
y/y.

In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 12050 (+50) yuan / ton; Vietnam 3L quotation 11900 (-100) yuan / ton; Thailand No.
3 cigarette tablets 14600 (-100) yuan / ton
.
Thai Hat Yai raw material market raw film 46.
55 (-0.
36) baht/kg; Tai San Tobacco Tablets 49 (+0.
6) THB/kg; field glue 48.
5 (+0.
5) baht/kg; Cup glue 37.
5 (-0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12900 (0) yuan / ton; The market price of cis-butadiene rubber is 13000 (0) yuan / ton
.

From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.

From the downstream situation, although the tire factory will usher in the resumption of work after the holiday, the operating rate is expected to continue to increase, but the price of carbon black, chemical additives, steel wire, cord and other raw materials has risen sharply, and some regions began to collect environmental protection taxes and other comprehensive factors, all have a direct impact
on the tire factory start.

Recently, the Thai government has taken new measures to boost rubber prices, and short-term profits have been gradually digested, and the short-term focus on the short-term price of Shanghai rubber's main 1805 contract is around 12900
.