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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.
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.