Shanghai rubber increases its position and explores the short-term short chasing need to be cautious

Spot: the 14-year quotation of state-owned whole milk in the Shanghai market is about 10550-10600 (-350/-300) yuan / ton; Vietnam's 3L quotation is at 11200 (-300) yuan / ton; 15 years Thailand No.
3 smoke 12100 (-200) yuan / ton; RMB mixed rubber 10200-10250 (-300/-250) yuan/ton
.
Thai Hat Yai raw material market raw film 58.
29 (+0.
01) baht/kg; Tai San Tobacco Tablets 60.
17 (-1.
53) THB/kg; field glue 58 (-0.
5) baht/kg; Cup glue 45 (-0.
5) baht/kg
.

News: According to the Malaysian Automobile Association (MAA) a few days ago, Malaysian automobile sales and production fell in April this year, with new car sales falling by 7% year-on-year and production plummeting by 27%
year-on-year.

At present, the inventory of Qingdao Free Trade Zone is still declining, although the operating rate of downstream tire factories has declined, but it is flat at the same level last year, and the sales volume of heavy trucks in April increased year-on-year and has a trend of expansion, indicating that demand is gradually picking up
.

With the successive cutting of domestic rubber production areas, the supply and demand of raw materials are tight or have eased, but due to the impact of drought, the supply of production areas has not yet increased
.
Today's Shanghai rubber 1609 contract continues to weaken with surrounding commodities and falls below the 11000 line, and the market pays attention to the 10700 position support, short-term short chasing needs to be cautious
.