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In the last trading day, the downstream market demand for natural rubber did not change much, but driven by the continuous rise of black products of the iron coal coking steel industry chain, domestic natural rubber futures and spot prices rose
across the board.
In the spot market, domestic spot prices generally rose by about
300-500.
The main domestic market, 16-year full latex standard rubber in Shanghai 12900-13300 yuan / ton; The quotation of full latex standard rubber in Yunnan is about 12800 yuan / ton in 16 years, and the quotation in 17 years is about 13100 yuan / ton; Shanghai Vietnam 3L reported about 13200 yuan / ton, up 300 yuan / ton from the 11th; Thailand's No.
3 tobacco flake gum is about 15,400 yuan / ton, up about
500 yuan / ton from the 11th.
Last week's meeting in Thailand had no practical effect, and the main producing countries did not effectively boost rubber prices
.
Downstream demand has not changed much, and the harvesting of tianjiao is proceeding
normally.
Social inventory is still at a high level, whether the inventory in the future market can effectively decline, whether the rubber market demand has been completely improved, merchants still need to continue to wait and see
.
Affected by black products, futures prices are expected to remain higher, and it is expected that natural rubber spot prices will continue to rise in the short term
.
