Spot Market Analysis of Rubber(March 7, 2025)

Dry rubber latex

This week, the spot price of rubber fell in a narrow range, the market trading atmosphere was cautious, and the production rate of downstream tire enterprises maintained a high level, but the actual selling situation of downstream finished products was not as expected, and the rubber tire factory intended to destocking to digest the order, which was not conducive to the downstream enterprises to a certain extent on the sentiment of raw material procurement, the actual transaction of rubber was limited, and the negative sentiment of natural rubber was heating up in the short term, and the support for rubber prices was relatively weak.

Natural rubber latex
This week, the offer price of domestic natural rubber latex spot market was steadily lowered, and the market offer price was mostly supported by high replenishment costs, but domestic ports have successively hold goods arrived at the port, and the market supply increment has put pressure on the market. In order to speed up the circulation of goods, some holders have slightly lowered their quotations, and the enthusiasm of downstream product enterprises to enter the market was limited, and the orders taking were cautious, and the transaction maintained the negotiation of real orders.

Forecast for the future market:  
1. Raw materials in domestic producing areas have entered a period of rubber cutting suspension;

2. It is expected that the operating rate of tire sample enterprises in the next cycle will increase slightly;

3. The inventory in Qingdao, China continues to accumulate inventory;

4. Exchange rate, Fed interest rate cut, etc.