Shanghai rubber shock closed down, reduced positions and reduced volume

Spot: Shanghai natural rubber market 15 years state-owned whole milk quotation in 19450 (-100) yuan / ton; Vietnam 3L quotation 19300 (0) yuan/ton; 15 years Thailand No.
3 tobacco sheet 20650-20750 (-100/-100) yuan/ton; RMB mixed rubber 19300-19600 (+0) yuan / ton
.
Thai Hat Yai raw material market raw film 89.
25 (-0.
97) baht/kg; Tai San Tobacco Tablets 991.
39 (-0.
84) THB/kg; field glue 75 (+0) baht/kg; Cup glue 74 (+0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 24600 (-200) yuan / ton; The market price of cis-butadiene rubber is 26200 (+0) yuan / ton
.

News: 1.
The latest customs data shows that imports of natural rubber latex soared to 54.
41 thousand tons in December, up 3.
76%
from the previous month.
2.
Sales of heavy-duty trucks soared 1.
2 times in January, and the market may increase by 100,000 units
in the first quarter.

At present, the operating rate of all-steel and semi-steel of domestic tire factories is higher than the same period last year, and the domestic heavy-duty truck market sold a total of 82,000 vehicles in January 2017, an increase of 122% over the same period last year of 36,800 units, but an increase of 9%
month-on-month.
It shows that the overall demand for rubber downstream remains good
.
From the perspective of circulation, as of mid-January 2017, the total rubber inventory of Qingdao Bonded Bureau increased by 12.
4% from December 30, 2016 to 121,800 tons, and the total inventory exceeded 120,000 tons
.
The price increase of synthetic rubber is still strong, forming a certain support
for the Shanghai rubber futures price.
The Shanghai rubber 1705 contract focuses on support around 20,000 in the short term, and it is recommended to trade
in the 20000-21200 range.