There is a serious shortage of supply, and the overall direction of rubber remains unchanged

In addition to these changes in rubber demand and supply, China bought rubber aggressively last year to boost its national inventory
.
The United States has not followed suit
.
In February, the price of natural rubber reached a four-year high of $2 per kilogram, although it lowered its rubber consumption growth forecast, rubber consumption is expected to continue to grow strongly this year, as the global economy recovers further, the report said, the report said that global rubber demand growth in 2022 is expected to further slow down, but still relatively strong, on the supply side, the agency said, the agency said that the global natural rubber supply is expected to increase by 4.
3% this year, mainly because of the increase in output since mid-2020
.

Global natural rubber production fell by 5.
5%
in 2020.
At the beginning of the second quarter, rubber prices started unfavorably, and the market was affected
by multiple complex factors.
In terms of origin supply, the market is strongly worried about the launch of new rubber after domestic cutting; In terms of terminal demand, the production activities of automobile companies are constrained
by the shortage of chips.

The severe epidemic prevention situation in Europe and the United States has slowed down the expected economic recovery, coupled with the emotional transmission effect after the weak pullback of crude oil, the decline of rubber prices in the medium term is very obvious
.

Rubber futures trend range adjustment, the overall direction of the rise unchanged, combined with pressure adjustment operation pay attention to high selling low suction, backed by 14200-13400 short-term high sell low suction, rolling operation, gradually move profit protection
.