On February 17, the market price of natural rubber decreased slightly

Trade name: natural rubber (scrwf)

 

Latest price (2-17): 13260 yuan / ton

 

Data monitoring shows that on February 17, Shanghai Rubber continued to decline slightly, with a range of about 250 yuan / ton, and the spot price was adjusted with the offer. Data show that in January 2022, Vietnam exported 65000 tons of natural rubber, basically the same as last year. In terms of varieties, the export of standard glue was 39000 tons, with a year-on-year increase of 2.6%; Cigarette glue decreased by 25% year-on-year; Latex increased by 11.1% year-on-year. Natural rubber exported 10000 tons to China, a year-on-year decrease of 16.7%. At present, the spot price of natural rubber in major domestic regions has been reduced by about 250 yuan / ton: Yunnan Baodao / Guangken whole milk quoted 13250 yuan / ton in 20 years, Yunnan Baodao quoted 13150 yuan / ton in 19 years, Jinfeng whole milk quoted 13200 yuan / ton in 19 years, Yunxiang whole milk quoted 13250 yuan / ton in 19 years, Baodao whole milk quoted 13050 yuan / ton in 18 years, and Vietnam 3L rubber quoted 13150 yuan / ton, In 20 years, Thailand’s No. 3 Lianyi cigarette glue was quoted at about 16100 yuan / ton, in 19 years, the domestic standard two glue was quoted at about 13000 yuan / ton, and Vietnam’s No. 10 glue was quoted at 12700 yuan / ton.

 

Future forecast: just after the Spring Festival holiday, the downstream is gradually started, and some rubber tire factories start late to suppress the rubber price. It is predicted that the future natural rubber market will continue to fluctuate and be weak.

http://www.lubonchem.com/