According to the Commodity Market Analysis System of Shengyi Society, the domestic natural rubber spot market has been fluctuating and declining recently (6.18-6.25). As of June 25th, the spot rubber market price in China’s natural rubber market was around 13628 yuan/ton, a decrease of 1.66% from 13858 yuan/ton on the 18th. Downstream semi steel tire production has slightly decreased, providing some rigid support for rubber; The slight decline in raw material prices, coupled with the continued increase in port inventories, still puts some pressure on the natural rubber market. As of June 25th, the mainstream price for 23 years of Guangken, Baodao, and Haibao latex in Qingdao area is 13600~13850 yuan/ton.
As of June 25th, the price of Thai glue was 57.50 baht/kg, unchanged from 57.50 baht/kg on June 18th. At present, the Yunnan production area in China has entered the cutting stage. Although Thailand and Hainan have recently experienced increased precipitation and high prices, the expected increase in global supply in the later stage is not reduced, and the price of natural rubber raw materials is expected to continue to decline in the later stage.
Recently (6.18-6.25), natural rubber inventories have slightly increased, which has a bearish impact on the natural rubber market. As of June 22, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 617300 tons, an increase of 10300 tons or 1.70% compared to the previous period.
Recently (6.18-6.25), there has been a slight fluctuation in downstream tire production, providing essential support for the natural rubber market. As of June 22, the production of semi steel tires by domestic tire companies has slightly decreased to around 7.3%; Around 6.10% of tire companies in Shandong have started construction on all steel tires.
Market forecast: As domestic and international raw material prices stabilize at high levels and expectations continue to decline in the later stage, downstream production fluctuates slightly, providing support for natural rubber demand, and Tianjin Rubber Port inventory remains high; Overall, it is expected that the natural rubber market will experience weak fluctuations in the later period.
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