Rubber upside drive is insufficient and prices are under renewed pressure

No.
1, NR main closing price 10470 (-140) yuan / ton, Qingdao Free Trade Zone Thai standard rubber 1610 (-15) US dollars / ton, Malaysian standard rubber 1605 US dollars / ton (-15), Indonesia standard rubber 1640 (-15) US dollars / ton
.

As of July 29: total stock on the exchange 278449 (-476), exchange warehouse receipt 255,300 (+60).

Raw materials: raw film 54.
23 (-1.
33), cup glue 47.
4 (-0.
3), glue 53.
2 (0), tobacco film 56.
29 (-1).

As of July 28, the domestic all-steel tire operating rate was 58.
67% (+3.
11%), and the domestic semi-steel tire operating rate was 64.
2% (-0.
57%)
.

The difference in domestic real demand is the main factor in suppressing rubber prices, although the absolute price is already at a relatively low level, but the upward drive is insufficient, and rubber prices are under pressure
again.
With the gradual recovery of raw materials in the main producing areas of Hainan, the price of glue in Hainan continued to fall, and the price difference between glue and Yunnan was also further falling
.
The weakness of demand will make the domestic raw materials fall in the peak season, and the plate will also be suppressed
.

On the whole, the weakness of demand will make the domestic raw materials fall under the peak season, and the plate will also be suppressed
.
The low price and intermediate link inventory are low year-on-year, and the low price of rubber is mainly
volatile.