Rubber prices continue to run strongly, and the loose supply and demand pattern is difficult to change

Ingredients: raw film 46.
01 baht/kg (0), cup glue 38.
55 baht/kg (+0.
3), glue 43.
8 baht/kg (+0.
2), tobacco film 47.
37 baht/kg (-0.
42).

As of 11.
4: Exchange total inventory 317247 (+4440), Exchange warehouse receipt 296710 (+4690).

As of 11.
3, the domestic all-steel tire operating rate was 40.
97% (-6.
67%), and the domestic semi-steel tire operating rate was 53.
89% (-1.
45%)
.

Rubber prices continue to run strongly, with the cancellation of the November contract, the pressure on the warehouse receipt of the 01 contract will be significantly reduced, and the 01 contract mainly corresponds to the domestic shutdown period, and the seasonal reduction of supply has support for the contract
.
NR, on the other hand, showed a rebound momentum after the continued decline in warehouse receipts and the pessimistic expectation of improving domestic demand
.
In the later stage, the loose pattern of rubber supply and demand is difficult to change, the global supply continues to increase is more certain, and demand is subject to the overseas interest rate hike cycle and the impact of the epidemic, and the improvement is slow
.
It is recommended to pay attention to the risks after the rise, the current improvement in domestic delivery profits is conducive to the increase
in full latex production in the later period.