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According to monitoring, the price trend of natural rubber in February declined, the price at the beginning of the month was 18986.
67 yuan / ton, the price at the end of the month was 17426.
67 yuan / ton, the overall decline was 3.
74%, up 74.
85% year-on-year, at present, the fundamental market of tianjiao has declined
.
Market analysis: the price trend of the Tianjiao market in February declined, the closing price of Tianjiao futures this month was lower, the closing price of the main contract 1705 on the 28th was 18490 yuan / ton, the futures market price fell, and the spot market price of Tianjiao fell
.
The supply of the main producing area of tianjiao in Southeast Asia has decreased, and some major producing countries have stopped cutting, but recently Thailand still has a storage plan, the spot supply of tianjiao will increase, the price of tianjiao market in Thailand continues to decline, as of the end of the month, the raw film of Thailand's Hat Yai raw material market raw film is 75.
8 baht per kilogram, the price of Thai rubber raw materials has declined, which is negative for the domestic rubber market
.
As of mid-February, the inventory of Qingdao Free Trade Zone was 156,600 tons, a sharp increase of 28.
56% from the inventory in mid-January, and the inventory of the previous period as of February 24 was 318,900 tons, up 4,806 tons.
The main natural rubber producing areas Thailand and India and other countries raw material prices have declined, the recent main producing areas of Southeast Asia and other countries from north to south gradually stopped cutting, but Thailand in early March has a storage plan, Thailand tianjiao supply will increase, Thailand raw material prices declined, tianjiao market price lower; The operating rate of the downstream tire market has risen, as of the end of February, the operating rate of all steel tires is about 62%, the operating rate of semi-steel tires is about 70%, the operating rate of tire companies in February has increased, and the demand for the tianjiao market has increased, but due to the excessive increase in tianjiao in the early stage, tianjiao will be pulled back
at this stage.
Industry: The futures price of tianjiao continues to decline, coupled with the impact of high domestic rubber inventory, the spot market price of tianjiao has fallen
in February.
In early March, Thailand has a rubber storage plan, Thai raw material prices continue to fall, but the domestic tire operating rate continues to increase, coupled with the tire market has improved, it is expected that the rubber market price in March or will rise slightly, the market price is 18000-19000 yuan / ton
.
