The short-term supply and demand pattern is warm, and rubber prices continue to rebound

As of May 13: Exchange Total Inventory 267123 (+3557), Exchange Warehouse Receipt 253980 (-460).

Raw materials: raw film 63.
42 (0), cup glue 46.
4 (0), glue 66.
5 (0), tobacco film 67.
78 (0).

As of May 12, the domestic all-steel tire operating rate was 55.
64% (+15.
46%), and the domestic semi-steel tire operating rate was 60.
49% (+19.
85%)
.

At present, the price of raw materials at home and abroad is firm, and the price of overseas raw materials is at a high level
.
Due to the influence of powdery mildew in the main producing areas of Hainan, the postponement of cutting of rubber trees in Hainan has led to low raw material output, and the price of raw materials in Hainan production areas is strong, which also supports raw materials in Yunnan production areas
.
The limited pressure on the supply side is limited, coupled with the expected warming of domestic demand, the short-term supply and demand pattern of rubber prices is warm.

In the later stage, pay attention to the change of RU non-standard spread, and the rebound momentum is expected to continue
before it has not been opened.