Analysis of natural rubber market price on October 15
index
October 15June, Natural Rubber Qingdao Market STR20 Price Index2090 beautifulYuan/ton, compared withThe previous trading day rose by US$30/ton.
market analysis
futures market
spot market
Supply:
Abroad: There is still heavy rainfall in some parts of Thailand, which affects rubber cutting work and factory production and transportation. The cutting situation in the south is less than expected, and the purchase price of raw materials remains high for the time being.
China: Rubber collection work has been gradually carried out in various areas in the southern part of Yunnan's production area, and glue output has gradually entered the stage of increasing volume. The current price of raw glue is firm.
Rainfall weather in Hainan's production areas has increased, disrupting rubber tapping work in some areas and reducing the island's raw material output. It is said that the island's daily rubber harvest today remains at around 5000 tons.
Demand side:It is understood that most enterprises 'equipment is operating stably, and the production capacity of individual maintenance enterprises will gradually recover, which will benefit the release of tire production capacity. The current overall shipment performance is still acceptable. Some enterprises have concentrated shipments in foreign trade, and some specifications are out of stock. In terms of the market, the news of price increases from some companies has gradually been implemented, and the supply of some products in the factory is tight. Taking into account the cost and financial pressure, the pressure on purchasing goods at the agent level has not decreased, and the channel inventory is sufficient.
Futures spot price list
market outlook
Recently, the main rubber contract has remained in a small volatile situation, and the main contract has basically remained at around 18000 yuan/ton. In the upstream producing areas, the overall supply weather has temporarily improved in the short term, and the quantity has begun to gradually increase slightly. In terms of downstream demand, some companies have implemented price policies, agents have prepared goods in advance, and the overall inventory is sufficient. In order to stimulate downstream collection of goods, the price increase policy has not yet been implemented. The actual willingness of the downstream to replenish goods is average, but the news of price increase still exists, and actual sales still exist. Variable. As of now, the trading atmosphere in the natural rubber spot market in China is general, with actual order negotiations being the main focus, and the downstream is cautious and wait-and-see. It is expected that the natural rubber market may remain weak in the near future.