Rubber prices rebounded from low levels and will usher in a small repair in the short term

As of July 15: Exchange Total Inventory 280639 (+262), Exchange Warehouse Receipt 255830 (+3180).

Raw materials: raw film 57.
47 (-1.
11), cup glue 47 (-1), glue 53 (0), tobacco film 59.
15 (-1.
18).

As of July 14, the domestic all-steel tire operating rate was 59.
29% (+1.
64%), and the domestic semi-steel tire operating rate was 65% (+1.
57%)
.

Under the easing of market atmosphere, rubber prices rebounded from a low level yesterday, due to the small pressure of dark rubber inventory, NR price performance was relatively strong, resulting in the price difference between RU and NR continued to narrow
.
At present, due to the strengthening of the basis so that the futures price is driven, the full latex price is weaker than other replacement rubber varieties also make it have a certain attractiveness, futures short-term or will usher in a slight repair, but because the supply increase trend remains unchanged, the supply pressure of rubber in the later period also needs to see the recovery of the demand side to balance, before seeing the downstream finished product inventory materialization, the upward drive is insufficient
.