Shanghai rubber increased its position slightly higher

In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market was 20100 (+1400) yuan / ton; Vietnam 3L quotation 20100 (+1000) yuan/ton; 15 years Thailand No.
3 tobacco tablets 21600 (+1000) yuan / ton; RMB mixed rubber 18700-18800 (-300) yuan / ton
.
Thai Hat Yai raw material market raw film 84.
09 (+2.
18) baht/kg; Tai San tobacco tablets 88.
21 (+2.
22) baht/kg; field glue 77 (+4) baht/kg; Cup glue 71 (+1) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 24000 (+200) yuan / ton; The market price of cis-butadiene rubber is 25500 (+500) yuan / ton
.

News: 1.
ANRPC: In 2017, the production of tianjiao reached a new high, and the import volume will decline
.
2.
ANRPC: Thailand flood cut Q1 global sky rubber production, annual output increased by 4%.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the domestic heavy-duty truck market sold a total of about 76,000 vehicles in December, an increase of 56% over 49,000 units in the same period last year, but also down 17%
from November.
The sales volume of the monthly heavy-duty truck market increased sharply year-on-year, indicating that the overall downstream demand shrank
slightly.

From the perspective of circulation, as of December 30, 2016, the total rubber inventory of Qingdao Bonded Bureau increased by 2.
55% from December 15, 2016 to 108,300 tons, but the current inventory is still at a low level
.
The price of synthetic rubber has risen sharply, forming a certain support
for the futures price of Shanghai rubber.
The Shanghai rubber 1705 contract focuses on the pressure around 22000 in the short term, and it is recommended to trade
in the 19600-22000 range.