The latest price of natural rubber (all latex) (5-10): 11740 RMB/ton, fluctuating in the market

Key points of analysis: From the perspective of supply, Thailand and China's domestic regions are gradually cutting rubber. Although Yunnan's output is not as good as in previous years, new rubber is gradually entering the peak supply season, coupled with the continuous accumulation of imported rubber and the upcoming inflection point of inventory consumption, the supply pressure of natural rubber is rapidly expanding. According to traders, Hainan Baodao full latex manufacturers are currently facing a tight supply of goods, and prices have increased significantly in recent days. From the perspective of the news, there were rumors on Monday (8th) that the State Reserve will store 100000 tons of natural rubber new rubber this year. On that day, the price of natural rubber rose in response. In the past three days, the natural rubber market has continued to fluctuate slightly, increasing by 2.62% compared to May 7th.

Future Market Forecast: The future market still needs to focus on demand. Data shows that after the holiday, the operating rate of downstream tire companies has not significantly increased, and the market procurement demand has been weak. Moreover, the market expects a rapid increase in full latex production this year, and there will be significant supply pressure. In the short term, there is a high possibility of small market fluctuations, and the medium to long term trend still depends on demand.

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