Rubber plate prices continue to be weak in the later stage, pay attention to the improvement of supply and demand

As of June 10: total stock on the exchange 275425 (+299), exchange warehouse receipt 252370 (-460).

Raw materials: raw film 63.
7 (-1.
68), cup glue 48.
05 (-0.
55), glue 60.
5 (-1), tobacco film 66.
29 (-1.
89).

As of June 9, the domestic all-steel tire operating rate was 53.
03% (-3.
06%), and the domestic semi-steel tire operating rate was 63.
36% (-1.
56%)
.

The impact of the macro atmosphere continued, and the price of rubber plates continued to be weak
yesterday.
As of the end of last week, domestic Qingdao port inventories continued a slight downward trend, which may reflect the slow
recovery of domestic downstream demand.
At present, the actual supply and demand of rubber has not changed much, on the one hand, the domestic import volume is limited and Hainan has not yet been fully cut, and the supply side has increased limitedly
.
On the other hand, with the unblocking of domestic Shanghai, domestic demand has improved month-on-month under the rhythm of resuming work and production, but because the finished product inventory of rubber downstream tire factories still needs time to digest, there is little motivation for raw material procurement
.
The expected supply and demand fluctuated greatly, resulting in sharp fluctuations in the price of the market
.
The improvement of demand is supported below rubber, and the increase in supply is a later development trend, and rubber prices are expected to enter a volatile trend
.