Rubber demand than expected improvement in surplus situation has been reversed

This year’s super rubber demand is expected to improve, supply is still subject to interference factors of early – suppression and weather, released less than expected, the year of rubber balance sheet repair, supply gap has emerged, grant funds to further participate in the opportunity to do more and reason.

From the figures, the 2016 global natural rubber demand growth up to 4%, the incremental part of nearly 500 thousand tons, of which part of the growth of more than 300 thousand tons of Chinese increment.

Since the beginning of the global car market steadily rise, Chinese, North America, Europe, Japan, Brazil, several major car market before the three quarter of the cumulative increase of 5.65%, compared with last year’s low rebound.

This is a large increase in tire sales Chinese years, overseas economic recovery brought export orders, to promote large-scale domestic heavy truck supporting hot market growth. In addition, the domestic latex and new demand highlights appear continually.