Market demand shrinks rubber supply and demand are weak

The Spring Festival production plan of tire companies has boosted direct demand for rubber, the automobile market continues to raise demand expectations with high growth, while weather disturbance factors still exist, domestic cutting may be delayed, overseas import increment is limited, and the supply and demand structure of natural rubber continues to improve
.

Approaching the Spring Festival, tire factories have basically completed stocks, and demand has contracted, but China's imports are still high
.
Most of the production areas of tianjiao have stopped cutting, the price of raw materials in southern Thailand is neutral, and the supply and demand of tianjiao are weak
.
The main force still oscillates
in a wide range of 14,000-15,000.

From a fundamental point of view, the price of raw materials in the main producing areas is in a reasonable range, the domestic production area is full latex cutting, the Vietnamese production area is stopped, and the downstream tire factory is basically completed near the Spring Festival
.
Domestic epidemic control measures are strict, which has suppressed
demand to a certain extent.

In terms of inventory, inventories in Qingdao Free Trade Zone increased slightly, general traders' inventories continued to decline but the decline narrowed, and rubber fluctuated upwards under
supported conditions.