Rubber prices fluctuate with the market Market demand remains sluggish

Ingredients: raw film 44.
02 baht/kg (0), cup glue 38.
8 baht/kg (+0.
25), glue 44.
1 baht/kg (0), tobacco film 46.
82 baht/kg (+0.
44).

As of 11.
25: Exchange total inventory 148585 (-179695), Exchange warehouse receipt 120430 (-179400).

As of 11.
24, the domestic all-steel tire operating rate was 62.
89% (+1.
33%), and the domestic semi-steel tire operating rate was 67.
68% (+0.
09%)
.

Affected by the sluggish demand in the domestic replacement market, the downstream tire operating rate fell slightly this week
month-on-month.
Affected by the downturn of the domestic economy, the domestic all-steel tire operating rate this year is at a low year-on-year level
.
At present, domestic demand is still a pattern
of weak reality and strong expectations.
In the later stage, it mainly focuses on the degree of dematerialization of finished products of domestic downstream tire factories, and only after substantial dematerialization can the downstream have new raw material procurement momentum
.
In the short term, due to the near full suspension of domestic cutting, domestic rubber is gradually reduced, and domestic port inventory is still at a low level year-on-year, short-term import pressure is small, supply and demand are weak, the contradiction is not prominent, it is expected that the short-term rubber price unilaterally follows the fluctuation of the surrounding market atmosphere, and the RU and NR price difference is expected to continue to expand
.