Data shows that from April to June, the price of natural rubber has fluctuated all the way up. As of June 5, the domestic all latex (Baodao) in East China has increased by 11.58%.
Under the influence of drought, insect disaster, bad market demand caused by special situation, transportation conditions and low rubber price, the new rubber cutting conditions in Yunnan and Hainan are insufficient and the output is very small. Especially in Banna, Yunnan Province, since May 20, the local spot supply of natural rubber is in short supply. All brands of natural rubber such as scr10, meridian tire rubber 9710 and Yunxiang latex are in short supply. The market price is soaring, and the prices of scr10 and 9710 are still high. Up to now, the local spot rubber shortage situation continues. According to the local traders, in the past, the import index of local natural rubber was usually released by the Ministry of Commerce in April. In 2020, due to the special situation, the import index has not been opened up yet. The local old rubber is out of stock, the cutting volume of new rubber is small, the raw rubber is lack, and the natural finished rubber is impossible to talk about. Although the trend of different brands of local rubber prices is slightly different, there is no doubt that the local rubber prices are very strong.
| Thiourea |
From April to June, the price trend of Yunnan Banna cloud like emulsion
Data shows that the trend of Yunnan Banna cloud like milk from April to June has been fluctuating and rising. Among them, on April 1, the main quotation of Yunnan cloud elephant was about 9300 yuan / ton, and on June 5, the main quotation was 10200 yuan / ton, an increase of about 11.83%.
At present, under the influence of multiple factors such as weather, the new rubber output is small and the new rubber market is delayed again and again, but the downstream demand is less than that of previous years. The existing Tianjiao inventory in Qingdao and Shanghai is still high, and the trend of Tianjiao region is the same. From April to June, it has been surging up
To sum up, a large number of domestic new rubber is now expected to appear in late June. During this period, it mainly depends on how much the improvement of downstream consumption drives the tire enterprises, and pays attention to the rubber import in Southeast Asia, which will be higher in the short term. However, once a large area is cut and the import indicators are lowered, the new rubber volume and inventory increase, then the Tianjiao market will be under pressure rapidly. If this period of time, the shortage of goods in Banna continues, its price will remain very strong.
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