The commodity market atmosphere warmed and rubber futures prices remained strong and volatile

As of September 16: total stock on the exchange 293686 (+3969), exchange warehouse receipt 261550 (+540).

Raw materials: raw film 45.
66 (+0.
16), cup glue 40.
25 (+0.
7), glue 45.
5 (0), tobacco film 48.
58 (+0.
47).

As of September 15, the domestic all-steel tire operating rate was 50.
42% (-3.
59%), and the domestic semi-steel tire operating rate was 55.
98% (-5.
96%)
.

With the Fed's interest rate hike landing, the commodity market atmosphere warmed up, and rubber futures prices remained strong and volatile
.
Raw material prices stabilized slightly this week as rains continued in Thailand's main producing areas, but the rebound was obviously insufficient, reflecting the unabated
price pressure under the peak season supply.
Domestic Yunnan raw material price conversion plate has continued rapid profits, which will not be conducive to the continued upward trend of later plate prices, and high profits will promote the recovery of supply growth in the later period
.
The improvement in downstream demand is not obvious, and as the holiday approaches, the downstream operating rate may rebound slightly in the near future to make up for the loss of production from holiday maintenance, which has some support
for prices.
In the medium term, there is no bright spot in the later period of supply increase and demand, the pattern of loose supply and demand is difficult to reverse, and the domestic later period is still facing the risk
of accumulation.
It is recommended to pay attention to the rebound short selling opportunity, and wait and see
for the time being.