Natural Rubber: Price Squeeze & Volatility（Sep 2）
Natural Rubber Daily Report: Prices Caught in a "Squeeze" and Oscillating
On September 2, the STR20 price index in the Qingdao natural rubber market was 2,355 USD/ton, down 10 USD/ton from the previous trading day.
Overseas Supply
During the period, overall rainfall in Thailand increased month-on-month, limiting raw material output. Processing plants and secondary traders actively purchased raw materials, and price centers shifted upward.
In Vietnam, the rainy season pattern continued, though nighttime shower frequency decreased somewhat. Daytime tapping conditions improved, and tapping output maintained normal levels with no significant reduction in raw material supply.
Domestic Supply
In Yunnan, weather conditions were acceptable, with new rubber gradually increasing in volume. Processing plants maintained high-price purchases of raw materials.
In Hainan, rainy weather increased, restricting tapping operations. New rubber supply tightened, and the actual volume of raw materials available for purchase by local processing plants was quite limited. Latex purchase price centers showed limited fluctuation.
Market Dynamics
According to reports, at the beginning of the month, most enterprises maintained stable equipment operations, with a few completing maintenance shutdowns and preparing for restarts. Overall supply-side fluctuations were minimal. Although some enterprises had issued price increase notices, the current implementation status remained unclear. After the concentrated shipments at the end of the previous month, shipments at the beginning of the month were relatively subdued. More enterprises maintained a wait-and-see stance, with some experiencing shortages of economy-grade products.
Futures and Spot Price Overview
Market Outlook
The natural rubber market is currently in a phase of long-short tug-of-war. On the supply side, although domestic and overseas production areas are in the tapping season, the incremental release is limited. Raw material prices continue to rise, and the sustained increase in costs provides strong support for rubber prices. However, alongside bullish factors, bearish pressures cannot be ignored: the destocking pace of natural rubber social inventories is not smooth, and inventory digestion is slow. Downstream enterprises have limited capacity to absorb high-priced raw materials, and insufficient procurement follow-through constrains the upward space for rubber prices. Overall, with intertwined bullish and bearish factors in the short term, rubber prices are likely to maintain range-bound oscillation.
Our platform connects hundreds of verified Chinese chemical suppliers with buyers worldwide, promoting transparent transactions, better business opportunities, and high-value partnerships. Whether you are looking for bulk commodities, specialty chemicals, or customized procurement services, TDD-Global is trustworthy to be your fist choice.
