From January to November, car sales were completed 25 million 27 thousand and 24 million 948 thousand, respectively over the previous year growth of 14.3% and 14.1%, higher than the same period last year 12.5 and 10.8 percentage points.
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Changjiang Securities believes that after the Spring Festival for the tire factory operating season, at the end of the year to the first quarter of next year there is greater demand for downstream replenishment. “We judge the future with the basic construction expenditure increase and controlling policy, rubber consumption continues to rise will exacerbate the shortage of supply and demand of natural rubber.”
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The price of natural rubber in the period of 7 years (7 years, 7 rise fall), Changjiang Securities judge future natural rubber officially ushered in a new round of rising.
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