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

News: 1.
Michelin doubles India's tire production capacity
.
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 17-year state-owned whole milk (Baodao) in the Shanghai market was 10500 (+50) yuan / ton; Vietnam 3L quotation 10650 (0) yuan / ton; Thai No.
3 tobacco tablets 12250-12350 (-50/+50) yuan/ton; Yunnan 17 years full latex 10450 (0).

Thai Hat Yai raw material market raw film 41.
55 (-0.
22) baht/kg; Tai San Tobacco Tablets 42.
39 (-0.
69) THB/kg; Field glue 41.
5 (0) baht/kg; Cup glue 36 (0) baht/kg
.

Synthetic rubber: Qilu petrochemical styrene-butadiene rubber 1502 market price in East China 13000 (0) yuan / ton; The market price of cis-butadiene rubber is 14700 (-100) yuan / ton
.

On the 6th, the enthusiasm of traders in Qingdao Free Trade Zone was acceptable, but the enthusiasm for intraday shipments still did not improve significantly, and the enthusiasm for inquiry was less
.
The transaction price is as follows: Thai standard spot 1340 US dollars / ton, stable; December 1360-1365 US dollars / ton, stable
.
1325-1330 US dollars / ton on the port of Thailand mixed near the port, stable; 1335 US dollars / ton in September, stable; 1350 US dollars / ton in October, up 10 US dollars / ton; At $1360/ton in December, it held steady
.
RMB Thai mixed spot 18 years 1-3 warehousing 10250-10300 yuan / ton, down 50 yuan / ton; Spot stocks were 10,400 yuan / ton from May to June, which remained stable; Spot goods were stored in August at 10450-10500 yuan / ton, stable; 10,600 yuan / ton in October, stable; In November, 10700-10750 yuan / ton, stable
.

In terms of inventory: futures inventory was 508,990 tons, an increase of 650 tons
.

At present, the upstream production conditions are normal, Thailand's export volume continues to increase, while the intermediate circulation link is still facing high inventory, Qingdao bonded zone inventory has rebounded, plus the previous period, outside the area, Yunnan production area inventory, the overall is at a high level
.
Downstream, the flooding of Shandong tire production areas has led to a significant decline in the operating rate of tire factories, and the company has basically resumed production, but the pollution control policy has had a new impact
on the operating rate.

The recent 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
.