[Natural Rubber]: Rubber Weekly Review (May 18)
111,255 
May 18, 2023, 4:40 PM 图1：STR20 MIX山东市场价格 图2：浙江市场Thailand进口普通散装价格
dry rubber
This week, raw glue from China's foreign producing areas has not yet fully entered the stage of increasing quantity, and there is still support on the cost side. From the perspective of rubber production, the supply of new rubber is relatively limited; the start of tires on the demand side has rebounded, but the terminal demand is close to the seasonal off-season of the Chinese market. In the off-season, there is pressure on the finished product inventory of tire factories, and the social inventory of Tianjiao still maintains a trend of accumulation. When supply and demand are both weak, the market is porous and the price of rubber remains volatile.
natural latex
This week, the spot price of concentrated milk in the port was basically firm and did not continue to rise. The price difference between internal and external markets remained upside down. Traders were less willing to replenish goods. Coupled with the strong expectations of a decrease in the arrival of imported concentrated milk in Hong Kong in May and June, cargo holders were less willing to lower. Raw material prices in other producing areas in China have basically gone up, with obvious cost support. However, orders for finished products from downstream product companies are weak, and actual transactions in the spot market are limited, which has suppressed the space for spot prices to rise to a certain extent.
Market outlook forecast:
1、中国producing areas物候情况基本上好转，截止目前处于正常状态，后期上量预期明显；海外producing areas新胶上量缓慢；
2、下周期轮胎样本企业产能利用率存稳中走弱可能，听闻5月下旬山东广饶地区个别轮胎企业存锅炉检修计划，对全钢胎样本企业产能利用率形成一定拖拽；
3、青岛地区库存量延续累库预期；
4、宏观扰动，国家收储消息尚未落地。
|
producing areas |
specifications |
May 18 |
May 11 |
rise and fall |
rise and fall |
remarks |
|
Thailand |
film stock |
-- |
48.12 |
-- |
-- |
baht/kg |
|
|
Taisan Tobacco Tablet |
50.1 |
50.35 |
-0.25 |
-0.50% |
baht/kg |
|
|
glue |
43.2 |
42.9 |
0.3 |
0.70% |
baht/kg |
|
|
cup glue |
39.8 |
39.9 |
-0.1 |
-0.25% |
baht/kg |
|
Hainan |
Jinnongru Factory |
11900 |
11400 |
500 |
4.39% |
Yuan/ton |
|
|
Jin Ganjiao Factory |
11600 |
10800 |
800 |
7.41% |
Yuan/ton |
|
Yunnan |
Jinnongru Factory |
10300 |
10100 |
200 |
1.98% |
Yuan/ton |
|
|
Jin Ganjiao Factory |
10200 |
10000 |
200 |
2.00% |
Yuan/ton |
|
|
rubber block |
9900 |
9850 |
50 |
0.51% |
Yuan/ton |
