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On Monday, the rubber range fluctuated around 400 points to close around the 14770 small white candle, and last week the rubber slightly sorted out and rebounded by more than 200 points to close at 14730 small white candle market
.
On the supply side, the domestic production area has fully entered the cutting period, the production line of concentrated latex and full latex has been stopped, and other types of natural rubber processing lines will also be stopped one after another, and the new domestic supply tends to zero
.
In the first two months of 2021, natural rubber production in Thailand increased by 20.
9% year-on-year, Vietnam by 3.
0%, and Malaysia by 2.
5%.
China's import volume and inventory are at a high level
.
In terms of demand, from January to November 2020, the total profit of industrial enterprises above designated size in the rubber and plastic products industry increased by 25.
3% year-on-year, improving the overall efficiency of the industry and boosting consumer confidence
in natural rubber.
The demand for concentrated latex for medical gloves is strong, the United Kingdom, Japan, etc.
have successively adopted stricter epidemic control measures to curb economic activity, the transfer of international orders to China will continue, in order to coordinate the production arrangements after the Spring Festival, some downstream product enterprises increased the inventory
of raw materials such as natural rubber before the holiday.
Rubber 2105 contract, rubber break back down adjustment stage market, later is expected to continue the sharp fluctuation trend
.
