Thailand's rubber production shortfall Rubber rises strongly-Enorpoly New Material Co.,Ltd

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Thailand's rubber production shortfall Rubber rises strongly
2023-12-29

Overnight Shanghai rubber RU2405 rose 1.91% to settle at 14,170 yuan per ton. 20 rubber NR2403 rose 3.02% to settle at 11,250 yuan per ton.

Thailand also pulled, Narathiwat Province flooding, local natural rubber production work suspended. Thailand's southern producing areas are still poor output, glue release restrictions, so the cost of raw materials remains high, cost-driven support for rubber prices stronger. Currently the downstream tire enterprise orders slowed down, finished product inventories higher, part of the all-steel tire enterprise production cuts and shutdown overhaul behavior, semi-steel tire export performance is still better.

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