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Oct 29, 2008
Domestic rubber prices Analysis
The view was expressed that the domestic market have traders in the domestic spot rubber market manipulators, domestic rubber prices with a speculative element, in fact, a careful analysis of the current natural rubber market supply and demand situation, domestic rubber prices mainly depend on demand. Chinese tire industry in 2005 to further accelerate the expansion of the 1-April, the Bureau of Statistics released by the production of tires to 92,130,000, up 27.5 percent, strong growth in the production of tires greatly enhance China's demand for natural rubber, Chinese enterprises procurement of natural rubber The channel is nothing more than to write off the import, trade, adhesive, made of plastic, the current world market situation is that a large number of processing plants in Thailand did not need a contract to deliver the performance, many large international tire businesses turn procurement Malaysia and Indonesia Gum on the 20th, leading to 20 Buzhang rubber prices, and prices are high, on the one hand, many exporters can not export to fulfill the contract, but dare not rashly signed a long-term contract, the procurement of domestic enterprises to increase the difficulty of domestic plastic Procurement become relatively safe mode of procurement, and the current domestic price of 14,400 yuan glue / ton, compared with the Jinkou Jiao, there is still a strong price advantage.
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