Xinhua·Hainan Agricultural Reclamation-Natural rubber series price index shows: the price of imported rubber fluctuates

The Xinhua Hainan Agricultural Reclamation-Natural Rubber Series Price Index shows that from March 22 to March 28, 2022, the price of imported rubber will fluctuate

On March 28, the price index of standard rubber (TSR20) reported 1213.

Xinhua·Hainan Agricultural Reclamation-Natural Rubber Series Price Index Running Chart Data Source: Xinhua Index

In terms of price, standard rubber and mixed rubber showed a fluctuating trend

On the supply side, the main natural rubber production areas at home and abroad are still in a low-yield period, and the price of glue in the production areas remains strong; the domestic production areas in Yunnan are expected to be cut normally, and the production areas in Hainan are expected to resume cutting in late April

On the demand side, some factories in Shandong resumed work, and the operating load of tire factories rose slightly

In terms of automobiles, the Passenger Car Association announced that the retail sales of the overall narrow passenger car market in the third week of March reached an average of 35,000 vehicles per day, a year-on-year decrease of 29%, and a 25% decrease compared to the third week of February this year

Comprehensive analysis, on the supply side, the global natural rubber is in a seasonally low production period.

Xinhua Hainan Agricultural Reclamation-Natural Rubber Series Price Index is jointly compiled and released by China Economic Information Service and Hainan Agricultural Reclamation Investment Holding Group, including four sub-indices of standard rubber (TSR20), mixed rubber (20#), thick milk and natural latex