Shanghai rubber futures opened 18 days down, main 1409 contract closed 14065 yuan / ton, down 75 yuan / ton. Today the chemical and metal fall together, HuJiao contract 09 started to appear in the late part of speculative long Jiancang, virtual disk certainly will continue to sell, short need time stick. Operation, to partial empty thoughts, every high short.
On Thursday a Malaysia airliner was shot down over the eastern part of Ukraine, killed all 295 people on board. Tensions between the Western backed the Ukraine authorities and pro Russian rebels rapid warming. 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.
Apollo Tyres Ltd said, this year India imports of natural rubber material reached record highs, with glue price fell into a bear market, and car sales growth and thus stimulate the tire demand. Sunam Sarkar, chief financial officer of the country's second biggest tire producers said, the year starting April 1st, the India rubber imports materials close to last year hit a historical high of 324467 tons. The said, 50% of the company's dependence on imported raw materials.
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.