 Home > Chemicals Industry > New Chemical Materials > Inventories remain high Natural rubber quotations are weak to move higher

Inventories remain high Natural rubber quotations are weak to move higher

 Last Update: 2022-12-06
 Source: Internet
 Author: User

Tags

natural shampoo

natural potassium

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

At present, the production of natural rubber continues to increase, the inventory in the bonded area has decreased but is still higher than the level of the same period in the two years, the pressure on the inventory in the previous period is huge, the import volume is high, the downstream is still in the demand off-season, and the price of natural rubber may continue to be suppressed
.

Natural rubber

Taking Hainan as an example, the release of raw material glue in Hainan is stable, and the current glue supply of processing plants is sufficient, and because the fourth batch of central environmental protection inspectors will be stationed in Hainan and other places in the past two days to carry out inspection work, some private factories have stopped production due to environmental protection standards, and the overall processing capacity has plummeted resulting in excess of raw material glue, so the purchase price of glue has fallen sharply by 700 yuan / ton to 12.
3 yuan / kg
.

Globally, natural rubber production areas have been cut one after another, the current rubber production season, it is rumored that this year's new rubber tapping area has increased, and the global production of sky rubber is expected to increase
significantly.
In Southeast Asia, there may be a decision to reduce exports or limit production at the September tripartite meeting, and the market has little hope for this news at present
.

Downstream tire shipments are relatively good, high temperature weather limits the operating rate is further improved, and finished product inventory is further digested
.
The recent capital rotation has pulled up the stagflation varieties in the early stage, and the low absolute price of rubber has a strong attraction for funds outside the industry, and it is recommended to wait and see
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.