The bottom of the rubber price is strong, and it is recommended to wait and see for the time being

Ingredients: raw film 44.
22 baht/kg (0), cup glue 38.
25 baht/kg (+0.
4), glue 44 baht/kg (0), tobacco film 47.
6 baht/kg (+0.
16).

As of 11.
11: Exchange total inventory 321864 (+4617), Exchange warehouse receipt 297570 (+860).

As of 11.
10, the domestic all-steel tire operating rate was 50.
99% (+10.
02%), and the domestic semi-steel tire operating rate was 58.
97% (+5.
08%)
.

As of the end of last week, domestic Qingdao port inventories continued the slight accumulation trend of previous weeks, in line with seasonality, mainly due to the gradual recovery of domestic imports during the overseas supply season and the gradual entry of alternative planted rubber, while demand has not improved
.
The raw material end is mainly driven by futures in China, and the recent rebound pattern has been shown while overseas due to rainfall, raw material prices are mainly weak and stable, and the current raw material prices are still conducive to rubber
tapping.
The fundamentals of rubber are loose, but after the cancellation of the old rubber warehouse receipt, the pressure of the disk warehouse receipt is less, and the bottom below the price is stronger, so it is recommended to wait and see
for the time being.