Trade name: natural rubber (standard I)
Latest price: 13220 yuan / ton on November 11
Market analysis: according to the data monitoring of business agency (100ppi. Com), Shanghai glue continued to fluctuate slightly on November 11, with an increase of about 50-100 yuan / ton, and the spot glue basically adjusted with the market. In the current winter, the weather conditions affect the rubber production, especially the domestic rubber, which is about to stop cutting one after another; The arrival volume of China’s imported rubber has not increased significantly this month; The production and sales of automobile enterprises have improved to a certain extent, and the shortage of chips cannot be completely solved for the time being; Raw material prices are at a high level. Environmental protection, power and production restriction have a significant impact on tire enterprises. Ningxia Shenzhou tire and other enterprises continue to raise tire ex factory prices this month.
Industry data: according to the Malaysian Bureau of statistics on November 11, the export volume of natural rubber in September 2021 increased by 27.9% year-on-year to 62332 tons, with a month on month increase of 5.3%; In September, the import volume was 81190 tons, a year-on-year decrease of 32.1% and a month on month increase of 1.9%; In September, the total output of natural rubber that can be monitored was 41180 tons, a year-on-year decrease of 10.8% and a month on month decrease of 4.1%; In September, the natural rubber inventory was 292271 tons, with a month on month increase of 2% and a year-on-year increase of 14.6%; In September, the total domestic consumption of natural rubber decreased by 9.1% year-on-year to 41469 tons, an increase of 6.2% month on month.
Future forecast: it is expected that natural rubber will mainly fluctuate before cutting in domestic production areas.
| http://www.lubonchem.com/ |