Shanghai rubber reduced its position and reduced its futures price fluctuated slightly

News: China's auto dealer inventory warning index in January and January was 67.
2%.

2.
In 2017, South Korea's synthetic rubber production increased by 9.
3% year-on-year, and sales increased by 7.
9%
year-on-year.

In terms of spot: the 16-year quotation of state-owned whole milk in the Shanghai market was 11650 (+50) yuan / ton; Vietnam's 3L quotation is 11900 (+100) yuan / ton; Thailand No.
3 tobacco tablets 14300 (+200) yuan / ton
.
Thai Hat Yai raw material market raw film 44.
51 (+0.
52) baht/kg; Tai San Tobacco Tablets 47.
19 (+0.
1) THB/kg; field glue 42.
5 (+0.
5) baht/kg; Cup gum 36 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 13700 (0) yuan / ton; The market price of cis-butadiene rubber is 12850 (+50) yuan / ton
.

Summary of views: From the perspective of inventory, the inventory of Qingdao Free Trade Zone continues to grow, reflecting that the current domestic supply and demand situation has not been significantly improved
.

From the downstream situation, the operating rate of all-steel tires and semi-steel tires in tire factories last week has warmed up, but the price of raw materials such as carbon black, chemical additives, steel wire, cord and other raw materials has risen sharply, the pressure of environmental protection supervision in the heating season has increased, and some areas have begun to collect environmental protection taxes and other comprehensive factors, all of which have a direct impact on the recent start of tire factories.