[chemical] Recently, natural rubber production in Malaysia, Indonesia and Thailand began to restrict the export of natural rubber. Affected by this, the continuous rise in the price of domestic natural rubber.

It is reported that, Southeast Asia has repeatedly restricted natural rubber exports, pushing prices rebound in the short term, but it is difficult to change the price trend, demand is the main driving force of natural rubber price. From the perspective of the domestic market, the demand side is 70% natural rubber latex products (including the tires, shoes, gloves, hose tape, etc.). Consumer demand for rubber products is relatively stable. Factors affecting the demand side of the tire industry, including automotive, infrastructure / real estate. Due to the demand side supply side agitation superposition catalysis, establish natural rubber prices short-term upward direction. However, it will evolve into a trend in the market is not clear.

     Overview of natural rubber market in some areas of China in March 14th:

Shandong area of price of natural rubber market shocks, 14 years of private Yunnan milk in 10900 yuan / ton, two private supply reference price in 10000 yuan / ton, Vietnam 3L glue price 10600 yuan / ton, three Thai tobacco price is 11500 yuan / ton, the recent decline in the price of natural rubber futures, the spot price volatility;

Shanghai area of price of natural rubber market shocks, 14 years of private milk in 10900 yuan / ton, two spot price 10000 yuan / ton; Vietnam 3L reference price in the 10400 yuan / ton; Thailand No. three tobacco reported 11500 yuan / ton, futures prices and spot price shock;

Yunnan area of price of natural rubber market shocks, 15 years of private milk reported 10500-10600 yuan / ton, the spot market price shocks, the real single talks;

The price of natural rubber in Tianjin shock, Yunnan state full latex with the mainstream 10900 yuan / ton, 3L offer 10400 yuan / ton, three Thai tobacco reported 11500 yuan / ton, the firm can negotiate;

Jiangsu area of price of natural rubber market shocks, 14 years of state-owned milk price at 10900 yuan / ton, Thailand RSS3 offer 11500 yuan / ton, the firm can negotiate.