On Tuesday, natural rubber prices saw a slight rebound, with domestic production areas halting tapping, and northeastern Thailand gradually stopping tapping. Southern production remains normal. The total inventory of natural rubber in Qingdao continues to accumulate, and short-term supply flexibility weakens. Raw material rubber prices remain relatively firm. On the demand side, the operation of all-steel tires remains stable. As the Spring Festival holiday approaches, natural rubber prices are expected to fluctuate and adjust. (Shenwan Hongyuan Futures)
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Shenwan Hongyuan Futures: Expect natural rubber prices to fluctuate and adjust
On Tuesday, natural rubber prices saw a slight rebound, with domestic production areas halting tapping, and northeastern Thailand gradually stopping tapping. Southern production remains normal. The total inventory of natural rubber in Qingdao continues to accumulate, and short-term supply flexibility weakens. Raw material rubber prices remain relatively firm. On the demand side, the operation of all-steel tires remains stable. As the Spring Festival holiday approaches, natural rubber prices are expected to fluctuate and adjust. (Shenwan Hongyuan Futures)