The rubber pressure fell back and continued the range oscillation

On the supply side, the weather in Hainan improved this week, the output of glue in the production area increased, and the purchase price of glue fell
.
As of July 08, the purchase price of thick latex was 13,200 yuan / ton, down 500 yuan / ton
week-on-week.
Periodic rainfall in Yunnan still affects rubber tapping operations, and the raw material purchase price range is weak
.

As of July 08, the price of Yunnan glue was 12,300 yuan / ton, flat week-on-week
.
Due to the rainy weather in Thailand, the purchase price of glue temporarily stopped falling and stabilized, and the average price of glue was 52.
8 baht/kg, down 1.
71%
from last week.
Indonesia's natural rubber exports in May were 182,000 tons, down 11.
38% month-on-month and up 4.
61%
year-on-year.
From January to May 2022, Indonesia's total exports of natural rubber (12685, 35.
00, 0.
28%) were 938,100 tons, a year-on-year decrease of 11.
4%.

Thailand's exports of natural rubber in May were 375,800 tons (including latex and mixed rubber), an increase of 15,300 tons month-on-month, an increase of 4.
25%, and a year-on-year increase of 12.
08%.

The cumulative export from January to May was 2.
01 million tons, an increase of 6.
07%
year-on-year.
Vietnam's rubber exports totaled 187,800 tons in June 2022, up 64.
54% month-on-month and 15.
04%
year-on-year.
From January to June 2022, Vietnam's total rubber exports were 787,200 tons, up 10.
16%
year-on-year.

In terms of demand, the operating load of all-steel tires this week was 57.
30%, down 1.
15 percentage points from last week and up 15.
03 percentage points
from the same period last year.
The starting load of semi-steel tires was 63.
66%, down 1.
17 percentage points from last week and up 18.
65 percentage points
from the same period last year.
This week, the inventory of finished steel tires of domestic tire companies was 45 days, down 1 day week-on-week; The inventory of finished semi-steel tires was 45 days, flat week-on-week
.
In June 2022, China's total production of all-steel tires was 10,842,100 tires, up 4.
66%
year-on-year.
From January to June 2022, the cumulative output of all-steel tires in China was 58,354,500 units, a year-on-year decrease of 14.
14%.

China's total production of semi-steel tires in June was 41,803,700 tires, up 6.
63%
year-on-year.
From January to June 2022, the cumulative output of semi-steel tires in China was 236,384,600 units, down 4.
49%
year-on-year.

In terms of inventory, as of July 1, the inventory of 17 samples in the natural rubber Qingdao Free Trade Zone was 100,200 tons, down 0.
03 million tons, or 0.
30%,
from the previous period.
The inventory of 16 samples of general trade banks was 284,100 tons, down 03,700 tons, or 1.
29%,
from the previous period.
The total inventory was 384,300 tons, down 04,000 tons
week-on-week.
As of 07-08, the warehouse order of Tianjiao was 252,650 tons, down 570 tons
week-on-week.
The total inventory of the exchange was 280,377 tons, an increase of 1,346 tons
week-on-week.
No.
20 rubber warehouse order was 66,498 tons, down 4,032 tons
week-on-week.
The total stock of the exchange was 77,334 tons, down 2,984 tons
week-on-week.