echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Natural rubber quotations have fallen more than once, and the enthusiasm of rubber farmers has been greatly frustrated

    Natural rubber quotations have fallen more than once, and the enthusiasm of rubber farmers has been greatly frustrated

    • Last Update: 2022-12-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Recently, domestic natural rubber quotations have continued to fall, and the enthusiasm of rubber farmers has been seriously frustrated
    .
    Rubber farmers in domestic natural rubber producing areas have appeared the phenomenon
    of "abandonment" and "abandonment" of rubber.

    Natural rubber

    As of the end of January this year, the Shanghai rubber index has risen by nearly 90%.

    But the good times did not last long, from mid-February this year, the price of natural rubber, which rose significantly in the early stage, plunged sharply, and the price fell all the way, from the highest 22,300 yuan / ton to the current 12,300 yuan / ton, a drop of more than 40%.

    The continued low price of natural rubber has seriously dampened the enthusiasm of
    rubber farmers.
    A rubber farmer in Xishuangbanna, Yunnan, said that his monthly income was only more than 1,000, and the sharp drop in rubber prices after the start of cutting in May this year was a big disappointment
    .

    Similar conditions
    have occurred in other natural rubber producing regions, such as Thailand and Indonesia in Southeast Asia.
    A rubber plantation owner in Vietnam said cassava replaced rubber trees
    as early as 2015 because the money from selling latex was no longer enough to cover labor costs and fertilizer costs.

    On the whole, the aftermarket price of natural rubber largely depends on market demand
    .
    At present, due to the significant decline in the growth rate of automobile production and sales in China and emerging countries around the world, the orders of tire companies have decreased significantly, and it may be difficult to improve
    rubber demand.

     

    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.

    Contact Us

    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.