Shanghai rubber rebounded and futures prices closed higher

News: In January and September, Malaysia's tianjiao production fell year-on-year
.
2.
In the first nine months, Bridgestone's operating income increased by 2.
1%.

In terms of spot: the 17-year quotation of state-owned whole milk (Baodao) in the Shanghai market is 10100 (+50) yuan / ton; Vietnam 3L quotation 10350 (0) yuan / ton; Thailand No.
3 tobacco tablets 11600 (0) yuan/ton; Yunnan 17 years full latex 10250 (+50) yuan / ton
.
Thai Hat Yai raw material market raw film 37.
8 (-0.
17) baht/kg; Tai San tobacco tablets 39.
41 (-1.
26) baht/kg; field glue 37 (-0.
5) baht/kg; Cup gum 31.
5 (-0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 12350 (-50) yuan / ton; The market price of cis-butadiene rubber is 12500 (0) yuan / ton
.
On November 13, the enthusiasm of the Qingdao Free Trade Zone market inquiry was raised, and the difference between intraday trading and after-hours trading in the market widened
.
The trading price of US dollar rubber increased by 5 US dollars / ton from the previous trading day, and the trading price of RMB rubber increased by 50 yuan / ton
from the previous trading day.

The domestic Yunnan production area will enter the suspension period at the end of the month, but Southeast Asia has begun to enter a period of strong supply, and the climate in the production area is generally normal
.
In the intermediate circulation link, although the inventory of Qingdao Free Trade Zone has dropped significantly, it is not caused by demand, but a factor of
statistical caliber adjustment.
In addition, the inventory of the previous period, outside the region and Yunnan production area is still at a high level, and the overall inventory pressure is still obvious
.
At the same time, the write-off of old warehouse receipts in mid-November will put pressure
on the spot market.

Downstream, the seasonal sales of tire factories tend to be better, the increase in export tax rebates for tire products and the sharp reduction of the tax rate of truck and bus tires imported from China by the European Union are beneficial to the tire industry, but the sales of domestic heavy trucks are not optimistic
.
The Shanghai rubber 1901 contract focuses on the first-line support of 11,000 yuan / ton, and it is recommended to trade
in the 11,000-11,700 range in the short term.