Shanghai rubber reduced its position and increased its position, and the shock closed higher

In terms of spot: the 15-year quotation of state-owned whole milk in Shanghai natural rubber market is 16200-16300 (-250/-250) yuan / ton; Vietnam's 3L quotation is 16900 (-200) yuan / ton; 15 years Thailand No.
3 tobacco tablets 17400-17500 (-350/-250) yuan/ton; RMB mixed rubber 16750 (-50) yuan / ton
.
Thai Hat Yai raw material market raw film 72.
17 (-0.
4) baht/kg; Tai San tobacco tablets 75.
5 (+0.
21) baht/kg; field glue 69.
5 (+1) baht/kg; Cup glue 62.
5 (-0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 18200 (+200) yuan / ton; The market price of cis-butadiene rubber is 20000 (+0) yuan / ton
.

News: In January and January, Japan's synthetic rubber exports to China rose 49.
8%
year-on-year.
2.
February 2017 sales of generalized passenger cars increased by 8.
9% y/y and decreased by 29.
3%
m/m.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and in February 2017, the domestic heavy-duty truck market sold a total of about 88,000 vehicles of various types, a significant increase of 152% over the same period last year, but an increase of 6%
month-on-month.
It set a record high for sales in the heavy-duty truck market in February, but heavy-duty truck sales fell short of expectations
.
From the perspective of circulation, as of the end of February 2017, the rubber inventory in Qingdao Free Trade Zone increased by about 6.
1% to 166,200 tons, of which the natural rubber inventory increased by 72,000 tons to 123,400 tons, putting pressure
on the Shanghai rubber inventory.
The Shanghai rubber 1705 contract focuses on the pressure around 18300 in the short term, and it is recommended to trade
in the 17100-18300 range.