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On Friday, Shanghai rubber continued to fluctuate slightly, with a range of about 50-100 yuan / ton, and spot rubber was adjusted
with the plate.
Domestic spot inventories of tianjiao continue to be low, and there is a lack of expectations for large imports in the short term
.
The main producing areas of Southeast Asia are in the peak season of rubber tapping, and there is no sign of significant impact caused by the "La Niña" phenomenon, and there is no obvious shortage of global sky rubber supply
.
Rubber prices lack the basis for a trending upward trend
.
In terms of news, according to data released by the General Administration of Customs of China on January 14, China's imports of natural and synthetic rubber (including latex) totaled 634,000 tons in December 2021, down 11.
1%
year-on-year.
In 2021, China imported a total of 6.
769 million tons of natural and synthetic rubber (including latex), down 9.
4%
from 7.
468 million tons in the same period in 2020.
The Spring Festival holiday is approaching, and the environmental protection requirements are strict before and after the Winter Olympics, and the start of tire companies is likely to decline
.
Although the easing of real estate policy has expected long-term demand to improve, the trend of "road-to-rail" and "road-to-water" has also had an adverse impact
on tyre consumption.
It is reported that near the holiday, the current domestic downstream enterprises into the seasonal off-season, it is reported that on January 6, the domestic all-steel tire operating rate was 52.
03% (-9.
69%), and the domestic semi-steel tire operating rate was 60.
05% (-3.
65%); During the domestic cutting period, the price of latex in Thailand was firm
.
According to data released by the General Administration of Customs of China on January 14, China imported a total of 634,000 tons of natural and synthetic rubber (including latex) in December 2021, down 11.
1%
year-on-year.
In 2021, China imported a total of 6.
769 million tons of natural and synthetic rubber (including latex), down 9.
4% from 7.
468 million tons in the same period of 2020, and domestic inventories continued to
deteriorate.
The future market predicts that supply and demand are weak, the price is relatively firm, and the price in the past is better; At present, affected by the holiday and the epidemic, the demand of downstream enterprises is weakening, and the upward momentum is not very strong, and it is expected that the market will fluctuate upward, but the extent is limited
.
