• Industry News
MESSAGE
Submit
April 2016 natural rubber market dynamics
Time :2016-05-31

April 2016 natural rubber market dynamics

According to the Ministry of agriculture, bureau of reclamation (Department of Agriculture Development Office of southern subtropical crops) monitoring, April 2016, Indonesia and Thailand No. 3 smoke sheet rubber (RSS3) 20th, glue (sir20) price slightly rise in volatility. Domestic production and marketing of domestic standard plastic (SCRWF) spot prices to follow the trend of foreign countries, the rapid rise in the middle of the month, the end of a slight decline in turnover increased last month.
Foreign main producing areas: in April, the average price of Thai RSS3 for $1690 / ton, rose $254 / ton, the highest price for $1805 / ton, the lowest for $1530 / ton; Indonesian sir20 average price of $1484 / ton, rose $209 / ton, the highest price for $1590 / ton, the lowest for $1330 / ton; Singapore futures market maturity RSS3 spot month average price of $1699 / ton, rose $266 / ton, the highest price for $1850 / ton, the lowest for $1505 / ton.
Main production areas in the country: in April, the domestic standard plastic (SCRWF) Hainan main production area of electronic commerce center turnover of 882 tons, the price of 11500 yuan / ton, up 490 yuan / ton. Yunnan e-commerce center turnover of 2110 tons, the price of 12545 yuan / ton, up 1628 yuan / ton.
Domestic sales: in April, the average price of Shanghai market made standard rubber (SCRWF) for 11, 615 yuan / ton, rose 924 yuan / ton, the highest price for 12300 yuan / ton, the lowest price for 10700 yuan / ton; Qingdao market average price of 11540 yuan / ton, rose 9 / 11 yuan / ton, the highest price for 12300 yuan / ton, the lowest price for 10600 yuan / ton; Tianjin market average price 11730 yuan / ton, rose 947 yuan / ton, the highest price is 12500 yuan / ton, the lowest price for 10700 yuan / ton.
Import: according to customs statistics, in March 2016 imports of natural rubber, a ton of natural rubber, an increase of 10.48%. 1-3 month cumulative imports of tons, down 1.54%.
Analysis and Forecast: in mid April 2016, by the domestic commodity futures prices continued to rise sharply, Thailand and Indonesia Shouchu, synthetic rubber price rebound, heavy truck market significantly warmer, and domestic and foreign areas open cut off, Qingdao inventory continued to fall in the multiple positive factors that can affect the sound, market prices of natural rubber in low-cost regional rose sharply. At the end of 4, by the Shanghai futures exchange to take risk prevention and control of commodity prices fell sharply, Yunnan producing areas of a comprehensive opening and other factors, the price of natural rubber market fell slightly. May 2016, with downstream products companies operating rate continuously rising market demand increases, and the gum area affected by drought in the new gum supply is still tight, prices of natural rubber market support. But the Shanghai futures exchange, natural rubber stocks hit the highest level in recent years, especially in May contract delivery volume is huge, and the main production area will be fully into the open cut period, the formation of the market price increases. Comprehensive forecast May 2016 natural rubber market prices will shock down.