The normal price of spot supply of tianjiao may decline

Natural rubber prices fell
sharply this week.
At present, the fundamental price of Tianjiao has fallen, the futures market price has fallen this week, and the closing price of the main contract as of the 20th is 19735 yuan / ton, the futures market price has declined, and the spot price of Tianjiao has declined
.
The price of 15-year state-owned full latex in Shanghai is 18,500 yuan / ton; The 15-year price of Yunnan state-owned full latex in Shandong is 18500-18600 yuan / ton; The 16-year private full latex quotation in Yunnan was 18,700 yuan / ton; The 14-year state-owned whole milk tax-free quotation in Hengshui area is 18,350 yuan / ton
.

Qingdao bonded zone rubber inventory rose sharply, as of mid-January inventory of 121,800 tons, a sharp increase of 16% from the end of December, the sharp rise in inventory is a big negative for the decline of tianjiao, Shanghai futures tianjiao inventory rose 9,099 tons to 308,500 tons, the last period of tianjiao inventory rose from December, the recent release of Thailand storage, planned 98,000 tons of rubber inventory for auction, tianjiao market price affected price fell
sharply.

Recently, the supply of tianjiao in Southeast Asia of the main producing countries is normal, the spot of tianjiao due to the significant increase in Thailand's storage and supply, the export volume of other countries to maintain a high level, the price of raw materials in Thailand maintains a high level, as of January 19, the price of raw materials in Thailand is 83.
98-84.
32 baht per kilogram, the high price of raw materials in the main producing countries has formed a certain supporting effect on the domestic price of tianjiao, but the domestic is approaching the end of the year, the transaction is very rare, and the price has fallen
sharply 。 Downstream tire market start has declined, the domestic tire industry all-steel tire operating rate of about 63%, semi-steel tire operating rate of about 65%, downstream tire market operating rate declined, for tianjiao demand has weakened, tianjiao spot affected by all aspects of bearishness, spot market price fell
sharply.

Recently, the futures market has fallen sharply, and the spot market price of Tianjiao has been affected by the negative price of various aspects
.
The spot supply of tianjiao is normal, coupled with the release of storage in Thailand, the domestic transaction is scarce near the annual customs, the tire industry operating rate is low, it is expected that the market price of tianjiao will decline next week, and the price is expected to be 18000-18300 yuan / ton
.