Last week the Shanghai rubber futures rebound weak, main 1409 contract closed 13825 yuan / ton, the maximum 14305 yuan / ton, the lowest 13820 yuan / ton, closed at 14065 yuan / ton, up 160 yuan / ton or 1%. This week released the second quarter and the first half of the economic data better than market expectations, HuJiao intraday by positive boost, but because of the fundamentals of supply and demand no improvement, the future of the new adhesive mass listing will form a pressure. The technical surface, rebound amount warehouse coordination, suggested that the line mainly wait-and-see.
The macroscopic aspect, Chinese second quarter gross domestic product (GDP) growth of 7.5% over the same period last year, compared with the first quarter of 7.4% growth slightly faster, GDP growth in the first quarter to its lowest level in 18 months. The 21 economists surveyed was 7.4% on the expected value of second quarter GDP growth China. USA Labor Department announced Thursday, seasonally adjusted, in the week ending July 12th, USA jobless claims to 302000 people, is estimated at 310000 people. American weekly initial jobless claims around the mean of 309000 people. China customs data released Thursday showed, China June natural and synthetic rubber imports for 280000 tons, a decrease of 9.7% compared with the previous 310000 tons. China 1-6 month of natural and synthetic rubber imports for 2180000 tons, a 12.5% increase over the same period last year.
Rubber trade association of Japan (Rubber Trade Association of Japan) data released Monday showed, as of June 30th, natural rubber stock Japan as compared to 21205 tons in June 20th decreased by 1.6%, to 20874 tons. Qingdao International Rubber exchange market statement issued Tuesday show, as of July 15th, the natural rubber stock Qingdao port from up to 250300 tons in June 30th fell to 239000 tons. As natural rubber stock May 15th hit 270000 tons of record high. Exchange data and display, including mixed rubber, synthetic rubber and inventories totaled 289800 tons.
Shanghai area rubber market quotation narrow rebound, part gum for the scarcity of supply, the actual trading downturn. The present report is as follows: 13 years of state of latex reported 13800 yuan / ton, less spot new gum resources rarely offer; Yunnan private label two reported 12300 yuan / ton, Hainan private 5# reported 12600 yuan / ton; Dachang Vietnam 3L glue 17 tax at 13900 yuan / ton; Thailand 3# tobacco sheet spot 17 tax report 15200 yuan / ton, the market supply of goods is scarce. (lnformation Wang Ning)