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    Home > Chemicals Industry > New Chemical Materials > Natural rubber: At present, the weak terminal in the domestic market is difficult to change

    Natural rubber: At present, the weak terminal in the domestic market is difficult to change

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    Natural rubber futures closed at 10,645 yuan / ton last week, and the closing price in the week of June 12 was 10,375 yuan / ton, a drop of 270 yuan
    per ton.
    As of June 12, Thai Hat Yai raw material market Thai 33.
    25 (+1.
    02) baht/kg; field glue 45.
    8 (+1.
    5) baht/kg; Cup gum 31.
    85 (+1.
    85) baht/kg; As of June 12, the import profit of natural rubber was -2200.
    72 yuan / ton, compared with -655.
    26 yuan / ton
    last week.

    rubber

    As of the week of June 11, the operating rate of domestic semi-steel tire manufacturers was 56.
    42%, down 3.
    92% month-on-month and 11.
    33% year-on-year; The operating rate of all-steel tire manufacturers was 64.
    12%, down 6.
    36% month-on-month and 8.
    36%
    year-on-year.

    From the current fundamental point of view, the full opening of the domestic Banna production area has been postponed twice compared with the previous expectations, and it is optimistic that in mid-June, the current cutting ratio is about 3-4%.

    Continuous rainfall and shortage of rubber farmers in Thailand's production areas have affected relatively small production
    .

    In terms of inventory, the inventory inside and outside the Qingdao Free Trade Zone has decreased slightly recently, but it is still in a high position
    overall.
    In the downstream, the operating rate of the domestic tire market fell last week, mainly because some tire companies in the Guangrao area of Shandong were affected by environmental protection inspections, and some tire companies stopped production for
    about two days.

    At present, the current situation of weak terminals in the domestic market is difficult to change, and it will take a long time for the export market to recover.

    From the terminal point of view, the performance of tire supporting demand in the later period driven by infrastructure is expected to be better, and the short-term or continuation of small range fluctuations
    .

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