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September 29, 2024, 3:37 PM
dry rubber
this monthThe price of China's natural rubber spot market fluctuated and increased. The output of raw materials improved at the beginning of the month. The prices of foreign raw materials in China showed a downward trend to varying degrees. Supply side support began to weaken. In the middle of the year, the weather disturbance in China's foreign producing areas was obvious. Due to the typhoon, glue output decreased significantly. In the short term, cost-side support began to strengthen, and spot prices also began to appear. In the latter part of the year, the impact of purchasing and purchasing events and the release of news of a macro RRR cut and interest rate cuts will be achieved. As relevant policies continue to be implemented, it will greatly promote the improvement of economic growth momentum, the macroeconomic environment will warm up, and the current downstream start-ups and stabilization of downstream construction will be combined. China's automobile industry may gradually move out of the mid-season and spot prices will continue to rise.
natural latex
this monthThe natural latex market in China has shown a rising trend. At the beginning of the month, the production area increased, and the price of raw materials fell. In the middle of the month, the output of raw materials in the Hainan production area was blocked due to the impact of typhoons. In addition, the supply of spot resources in the sales area was not under pressure, and traders had limited willingness to lower prices, and spot prices began to rebound. This increase has been maintained until the end of this month. Futures markets are moving upwards. Raw materials and cost markets at home and abroad continue to rise. When the supply of spot resources in the sales area is relatively limited, holders maintain price increases.
Market outlook forecast:
In January and October, the supply of raw materials in production areas at home and abroad is expected to increase significantly, and cost support is weak;
2. It is expected that the tire operating rate will improve in October;
3. In October, the Tianjiao Social Library continued to be expected to continue to be removed.
