To speed up natural rubber prices up late still strong

In the lower reaches of the production of tires, such as consumer demand to support growth and the associated sharp rise in commodity prices, driven in the near future to speed up natural rubber prices rising. According to the monitoring, in the second half of September, domestic natural rubber producing areas of the main varieties of the standard plastic # 5, the average price of 20,274 yuan / ton, up 5.2 percent over the first half, up 8% year-on-year. Judging from the trend of recent natural rubber prices to speed up the pace.

The lower reaches of consumer demand growth is the rising price round. Crude oil prices, supply-producing areas in Southeast Asia is the decline in prices rose to speed up the main driving force. Experts believe that in the late support natural rubber prices will not change the main factors, natural rubber price trend may be continuing to be strong.

Traditional natural rubber consumption season is approaching. From the historical data, in the fourth quarter is the peak production of tires. In October, the domestic downstream industries such as the production of tire rubber on consumer demand may speed up the growth.

International crude oil prices will remain high. With the continued development of the world economy, demand for crude oil will continue to increase, a small number of districts geopolitical threats still exist, the United States in the Northeast heating oil consumption season just around the corner. Fourth-quarter international crude oil prices up easy or difficult.

Rubber tapping some of the areas in Southeast Asia may decline. The world's second largest natural rubber producing countries - Indonesia rubber tree leaves begin, and its leaves into the areas south of the equator, during the drought, tapping a substantial decline in volume.

Eased pressure on the stock. September, the Tokyo Commodity Exchange rubber stocks than the 18.0 percent decline in August, six months in a row was down trend. Stock prices on the reduced pressure.

In the above-mentioned factors, the latter part of the natural rubber price is expected to continue to run high. At the same time, it should be noted that October is still high season for domestic natural rubber, if good weather conditions, supply will increase to a certain extent.