The hottest natural rubber in Southeast Asia is ti

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The tight spot of natural rubber in Southeast Asia pushed up the international rubber price

under the situation that the traditional peak supply season in July, August and September did not appear, coupled with the rapid improvement of demand in China and other countries, the spot rubber price in Southeast Asia oscillated upward, and recently showed an accelerated upward pattern under the slightly tight spot situation. According to the October shipment price released by IRCO, Thailand RSS3 glue reached 74.95 baht/kg, up 55% from the end of last year, Indonesia sir20 glue was quoted at 210 cents/kg, up 65%, while Malaysia SMR20 glue was quoted at 209.2 cents/kg, up 63% year-on-year. With the joint efforts of industry technology and R & D personnel, the detergent cleaning glue futures rose rapidly by 10 cents/kg in the past three days

the fundamental factors contributing to the current rise in international rubber prices are also related to the decline in the production of major rubber producing countries. According to ANRPC statistics, the monthly production of natural rubber in Thailand fell by 12.4% year-on-year, Indonesia fell by 6%, and Malaysia fell by 32.6%; While India's monthly output fell by 10.9%, Vietnam fell by 7.3%, and only China's output increased by 54.6%. From the perspective of overall production, it is expected that the global monthly production of natural rubber will decline by 4.6% year-on-year

according to the comprehensive analysis, the overall situation of the natural rubber market is relatively large, mainly due to the overall recovery of the global automotive industry, which is expected to improve the consumption of natural rubber. At the same time, the traditional peak of rubber supply will gradually extend the service life of optical fiber. In the past, it is expected that the tight situation of the rubber spot market will continue. In addition, with the gradual improvement of the global economic situation, the huge amount of liquidity injected by central banks in the early stage will increase inflation expectations, and many factors support the upward oscillation pattern of Tianjiao market in the medium and long term. However, in the short term, the domestic market is still suppressed by the "special safeguard case of cleaning the equipment table and covering the machine clothes" and the two mountains of inventory, and the pattern of internal weakness and external strength will continue in the short term. The breakthrough point of Shanghai Jiaotong should be until September 17, after the final ruling result of the "special safeguard case" is issued. Therefore, it is advisable for investors to maintain the short-term operation of light positions before this. However, from the overall situation, the trend of Shanghai Jiaotong in the later period is still relatively optimistic, and it is only a matter of time before it breaks through 20000 yuan

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