Rough estimates, annual steel tire rubber consumption growth (love based, net, information) (up to 220 thousand tons of steel supporting increment of about 80 thousand tons, exports nearly 100 thousand tons, about 40 thousand tons of replacement), by using tire rubber consumption growth of nearly 80 thousand tons, 60 thousand tons of latex consumption increment. Correspondingly, low-cost and uncertain factors for the negative impact of the supply is still reflected in the.

Low prices lead to insufficient labor recruitment, in not fully open cut, Malaysia, China production continued negative growth, northern Thailand, Vietnam, Laos, Kampuchea, Burma and other places in Southeast Asia is slowing down; this year overall climate anomalies, cut the delay, too much rain during the rainy season, obvious effect on the yield; in addition the political factors in the the impact of supply, Burma government and local armed War affected Yunnan part of the factory at the end of the supply of raw materials.

According to the ANRPC report, Malaysia yield on the previous ten months fell 9.9%, Chinese fell 7%, Thailand grew only 2.9%, 0.5% growth in Indonesia, Vietnam is relatively stable, up to 4.4%. The whole year is expected to increase in the global supply of less than 2%.

This year’s consumer than expected and release due to insufficient supply of domestic rubber stocks continued to digest, tight spot situation continued to increase, the Qingdao Free Trade Zone stock return to 100 thousand tons, the old warehouse has a smooth transition of latex, 10 tens of thousands of tons of goods due to the smooth flow of cash market price stability and digestion, so continue to exceed the expected rise.

The future is still worthy of attention including the latex products demand highlights, raw material circulation problems in Burma’s political risk, and Trump in the American version of four trillion infrastructure projects.