Shanghai rubber opened low and went high, and the futures price closed slightly higher

News: 1, Thailand Meteorological Bureau: The north and northeast are welcoming high temperatures
this week.
2.
According to Longzhong Information statistics, the operating rate of semi-steel tire sample manufacturers last week was 72.
24%, up 3.
16% month-on-month and 14.
13% year-on-year; The operating rate of all-steel tire manufacturers was 76.
83%, up 3.
69% month-on-month and 17.
46%
year-on-year.
3.
In the first two months of 2021, Vietnam's rubber exports increased by 89.
9%
year-on-year.

Market quotation: Shanghai market 19-year state-owned full latex reported 14500 (+0) yuan / ton, Vietnam 3L reported 13850 (+50) yuan / ton, Thailand No.
3 tobacco film reported 20650 (+50) yuan / ton
.
Qingdao market STR20 stock spot reported 1830 (+0) US dollars / ton, Qingdao market STR20 March cargo reported 1820 (+0) US dollars / ton
.
Thailand Hat Yai raw material market field glue 65 (+0.
5) baht/kg; Cup glue 46.
7 (+0.
15) baht/kg
.
Synthetic rubber: Qilu petrochemical styrene-butadiene rubber in North China 1502 market price 14400 (+0) yuan / ton; The market price of cis-butadiene rubber is 13700 (+300) yuan / ton
.

Warehouse receipt inventory: RU warehouse receipt 170650 tons, - 70 tons; NR warehouse receipt 60,440 tons, +0 tons
.
Main positions: RU2105 top 20 long positions 72250, - 1628; short positions 110133, - 2797; long and short with reduction, net space decreased
.

Summary: From the supply side, the global production of tianjiao is at the lowest production period
of the year.
The domestic Yunnan production area is close to the cutting period, but the rainfall in the production area is less, and powdery mildew is more serious in some areas, and there is uncertainty about whether the cutting can be started as scheduled.
The Hainan production area is expected to start cutting in early April, and the current high price may stimulate the enthusiasm of rubber farmers to tap rubber, but considering that the supply of raw materials in the early stage of cutting is small, and it will still face concentrated milk diversion, it is expected that warehouse receipts will be difficult to increase
significantly.
Downstream, last week Shandong Dongying, Qingdao environmental protection production restrictions, manufacturers to start work is restricted, but as the weather warms, heavy pollution weather warnings are gradually lifted, coupled with the current low inventory of finished products in various factories and good orders, manufacturers may have room
to rise.
On the market, the RU2105 contract closed slightly higher, short-term focus on whether the futures price can successfully stand on the 15300 line, NR2105 contract focuses on the pressure around 12300, and the mid-line recommends more ideas for volatility
.