The main contract of Shanghai rubber reduced its position and reduced its futures price, which closed down

News: 1.
As of August 31, 2018, rubber stocks in Qingdao Free Trade Zone increased by about 2%.

2.
According to the First Commercial Vehicle Network, in August this year, China's heavy-duty truck market sold a total of 72,000 units, down 4% month-on-month, and down 23%
from 93,700 units in August last year.

In terms of spot: the quotation of Yunnan's 16-year state-owned whole milk (Yunxiang) in the Shanghai market is 10250 (+50) yuan / ton; Vietnam 3L quotation 10600 (+100) yuan / ton; Thailand No.
3 tobacco tablets 12550 (+100) yuan/ton; Yunnan 17 years full latex 10350 (+50).

Hainan fresh latex purchase price 10800 (0); Yunnan glue purchase price 9700 (0).

Thai Hat Yai raw material market raw film 42.
15 (-0.
33) baht/kg; Tai San Tobacco Tablets 43.
07 (-0.
24) THB/kg; Field glue 41 (-0.
5) baht/kg; Cup glue 36.
5 (-0.
5) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 13100 (+100) yuan / ton; The market price of cis-butadiene rubber is 15100 (-50) yuan / ton
.

On the 3rd, the enthusiasm of traders in Qingdao Free Trade Zone was acceptable, but the enthusiasm of intraday shipments still did not improve significantly, the enthusiasm of inquiry did not improve significantly, and the overall transaction price fell
slightly.
The transaction price is as follows: Thai standard spot 1330-1340 US dollars / ton, down 15 US dollars / ton; 1345 USD/ton in October; $1370/ton
in December.
1320-1325 US dollars / ton, down 15 US dollars / ton; September 1330 USD/ton; 1345 USD/ton in October; $1365/ton
in December.
RMB Thai mixed old goods 10300 (small factory) -10400 yuan / ton, down 100 yuan / ton; New goods 10450-10500 yuan / ton, down 100 yuan / ton; 10,500 yuan / ton in September, down 200 yuan / ton; October 10600-10650 yuan / ton, down 200 yuan / ton; In November, it was 10,750 yuan / ton, down 200 yuan / ton
.

In terms of inventory: futures inventory was 506,890 tons, an increase of 3,450 tons
.

At present, the upstream production conditions are normal, Thailand's export volume continues to increase, and the intermediate circulation link is still facing high inventory, although the inventory of Qingdao Free Trade Zone has rebounded, plus the inventory of the previous period, outside the area, and Yunnan production area, the overall is at a high level
.
From a downstream point of view, the previous flooding in the Shandong tire production area led to a significant decline in the operating rate of tire factories in the near future, which had a significant impact
on demand.
The rise in synthetic rubber prices brought about by the firm price of butadiene has supported the Shanghai rubber futures price, and the Shanghai rubber 1901 contract recommends paying attention to the support around 11500, and the shock idea is treated
.