China's natural rubber market dynamics on May 25-29

May 25-29, domestic natural rubber futures market rose sharply, by the impact of rising futures market this week, the domestic spot market price of natural rubber rebound, larger spot imported glue gains, smoked sheet and adhesive limited resources rose significantly, domestic full latex SCRWF and domestic standard rubber SCR10 spot prices rose less. This week the price of the overall disk market dollar rose significantly, domestic and Japanese rubber futures rebounded shock dollars are supporting the overall pattern of strong glue. The current domestic market, domestic full latex SCRWF quoted in the mainstream 12800 ~ 13,200 yuan (t price, the same below) between shocks, domestic standard rubber SCR10 mainstream market quotations between 11900 ~ 12300 yuan, the Vietnamese standard rubber SVR3L market price at 12,900 ~ 13,400 yuan. By the futures market correction effect, the spot price of natural rubber market is limited with the fall, the market is still sluggish downstream demand, the market wait and see attitude doctrinal, poor procurement initiative. Hainan producing full latex SCRWF domestic spot price at 12,400 ~ 12,700 yuan, Yunnan areas SCRWF full latex spot price at 12,400 ~ 12,700 yuan, standard rubber SCR10 spot price at 11,300 ~ 11,700 yuan. Domestic natural rubber futures market after the stock market to follow up concussion, the market volume is not, market sentiment is still darker. Currently external disk natural rubber market, rising raw material prices in Thailand, the domestic futures shock rise in external disk dollar rubber prices continue to rise.

As of May 29, the Thai rubber sheet RSS3: 1910 ~ 1920 US dollars, Thai standard rubber STR20: US $ 1670 ~ 1680, Standard Malaysian Rubber SM20: USD from 1680 to 1700, Indonesia standard plastic SIR20: 1650 ~ 1660 yuan, the Vietnamese standard rubber SVR3L : 1630 to $ 1650.

North China: spot market: natural rubber futures rebounded by the impact of natural rubber to maintain correction run, the market turnover in the doldrums, high turnover difficulties, firm turnover discuss OK. Yunnan State-owned full latex SCRWF quoted in the mainstream market between 12800 ~ 13100 yuan, state-owned Yunnan standard rubber SCR10 supply tight, prices are firm, the market price at 12,300 yuan.

East: spot market: futures rebounded by the impact, the spot price of natural rubber rose, stock volatility is not real single market traded negotiations. Yunnan full latex SCRWF quoted in the mainstream 12800 ~ 13,200 yuan, Hainan full latex SCRWF market price in 12800 ~ 13200 yuan, imported from Thailand Yan Pianjiao RSS3 market price at 14,300 ~ 14,500 yuan, the market firm offer to discuss.

Shandong: natural rubber futures market rebounded by shocks, the market continued high spot price, poor market downstream demand, market transactions is limited. Yunnan full latex SCRWF mainstream market quotations between 12,700 ~ 13,100 yuan, imported from Thailand Yan Pianjiao RSS3 market price at 14200 ~ 14,400 yuan, state-owned Yunnan standard rubber SCR10 market price at 12,200 ~ 12,300 yuan. Bonded rubber market, the market price rose US $ glue, spot price strong, adhesive offer rare, the actual turnover of the main talks. Import Jiaojia region: Thai Smoked Sheet RSS3: 1790 ~ 1800 US dollars, Thai standard rubber STR20: US $ 1620 ~ 1630, Standard Malaysian Rubber SMR20: US $ 1620 ~ 1630, Indonesia standard plastic SIR20: $ 1,600 ~ 1620.

Northeast: natural rubber market shocks by rubber futures rebounded full latex SCRWF spot prices, market transactions is limited, active market atmosphere of inquiry, to discuss the main market Real Simple. Northeast this week, the market is currently in full latex SCRWF mainstream offer 13,000 ~ 13,200 yuan.

South China: by the impact of futures market rebound, natural rubber price rose, the market demand in general, the Vietnamese standard rubber SVR3L mainstream offer no tax at 12,300 ~ 12,500 yuan, 17% tax offer in 13,200 ~ 13,300 yuan. To discuss the main market activity, market spot small, the price volatility is not.

Domestic market sales areas SCRWF full latex prices:

North China: Tianjin market 12800 ~ 13100 yuan, 12800 ~ 13100 yuan Hengshui market;

East China: Shanghai market: 12800 ~ 13200 yuan, 12800 ~ 13200 yuan Hangzhou market;

Shandong: Qingdao market 12,700 ~ 13,100 yuan;

Northeast region: Shenyang market 13,000 ~ 13,200 yuan.

Outlook forecast:

This week the domestic natural rubber futures market rose sharply, its impact, the overall rebound in natural rubber spot market, the market overall bullish atmosphere relatively strong side, but the short-term Hujiao near the previous high point is expected to be repeated shocks, the raw material continued price increases will continue in the short term, the cash shipments greater resistance. Expected: natural rubber market to maintain the shock consolidation trend.