Shanghai rubber shock consolidation faces a rebound correction

Spot: the 15-year quotation of state-owned whole milk in the Shanghai market is 12350-12400 (+150/+150) yuan / ton; Vietnam 3L quotation 12800 (0) yuan / ton; 15 years Thailand No.
3 tobacco flakes 14750 (+100) yuan / ton
.
Thai Hat Yai raw material market raw film 50.
99 (+0.
59) baht/kg; Tai San tobacco tablets 54.
05 (+0.
07) baht/kg; Field glue 51 (+1) baht/kg; Cup gum 43.
5 (+0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene rubber 1502 market price in East China 12500 (-100) yuan / ton; The market price of cis-butadiene rubber is 13400 (+300) yuan / ton
.

News: In January and August, Thailand's exports of Tianjiao increased year-on-year
.
2.
Noki Tire's first plant in North America was built
.

From the perspective of inventory, the recent continuous decline in rubber inventory in Qingdao Free Trade Zone provides support for a period of time, while the monthly sales data of domestic heavy trucks continues to perform strongly, indicating that terminal demand is performing well
.
However, from the downstream situation, the operating rate of domestic all-steel tires and semi-steel tires has continued to decline year-on-year, and environmental protection inspections have made it difficult for the factory operating rate to increase significantly, and the downstream consumption of natural rubber has been restricted
.

The Shanghai rubber 1801 contract faces a rebound correction after a rapid decline, and it is recommended to trade
in the 14000-15500 range in the short term.