Shanghai rubber rebounded and the futures price closed slightly higher

News: 1.
As of June 15, 2018, rubber stocks in Qingdao Free Trade Zone increased by 4%.

February and May, South Korea's synthetic rubber exports increased by 18.
2% year-on-year, and imports fell by 14.
1%.

In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 10100 (+50) yuan / ton; Vietnam 3L quotation 10550 (+50) yuan / ton; Thailand No.
3 tobacco flakes 12400 (0) yuan / ton
.
Thai Hat Yai raw material market raw film 44.
09 (0) baht/kg; Tai San Tobacco Tablets 46.
34 (0) Baht/kg; Field glue 45 (0) baht/kg; Cup gum 35.
5 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 11800 (0) yuan / ton; The market price of cis-butadiene rubber is 11700 (0) yuan / ton
.

With the continuous increase in production, the glue in the production area has dropped
significantly.
The export restriction policies of Thailand, Malaysia and India ended, and domestic imports increased
significantly.

From the perspective of inventory, Qingdao Free Trade Zone inventory ended the destocking in the past three months, and with the gradual increase in the supply of new rubber, the inventory still has a growing momentum; And from the perspective of exchange inventory and hidden inventory, the future market is still facing greater inventory pressure
.
The main 1809 contract of Shanghai rubber focuses on the support of the 10,000 mark in the short term, and it is recommended to trade
in the range of 10,000-10,600.