Natural Rubber Qingdao Price Trend
On July 16, the STR20 price index of natural rubber in Qingdao market was 1,765 USD/ton, up 15 USD/ton from the previous trading day.
Market analysis
Futures market:
In terms of spot market supply: Abroad: The overall raw material supply in Thailand has been steadily increasing, and the second-hand dealers have gradually released their inventory. Factories have no intention to increase the price of raw materials, and the price of raw materials has fallen; there are still precipitation disturbances in some parts of Vietnam's production areas, but the overall supply shows a stable incremental pattern, and its raw material price trend has diverged.
Due to poor orders and profits, the purchase price of glue has weakened, but the center of gravity of cup rubber prices has risen slightly. Domestically: There is more rainfall in the Yunnan production area, the output of glue is limited, and the raw material price remains strong due to the strong diversion of concentrated milk factories; the weather in the Hainan production area has improved slightly, but there are still local rain disturbances, and the incremental rhythm of raw material supply on the island is slow. In view of the possible continuous rainfall in the next week, some processing plants are eager to harvest raw materials to ensure their own production.
Demand: It is understood that there is a certain degree of differentiation in the production schedule of tire companies at present, and most of them are flexibly adjusted according to their own production capacity and order situation. Some small-scale all-steel tire companies are currently basically fully operational to meet order supply. Most Shandong companies are operating smoothly, with limited orders. The overall operation is mostly lower than the normal level, and the overall shipment performance is average.
List of futures and spot prices
Market forecast
Today, the main rubber contract closed with a volatile operation, and the spot quotation followed the narrow range of the market. Downstream demand is flat, and there is resistance to high-priced raw materials. Cautious replenishment of just-in-time needs, market trading sentiment is weak, but precipitation in overseas production areas has affected the slight increase in raw materials, which has provided some support to rubber prices. It is expected that rubber prices will fluctuate strongly in the short term.
Our platform connects hundreds of verified Chinese chemical suppliers with buyers worldwide, promoting transparent transactions, better business opportunities, and high-value partnerships. Whether you are looking for bulk commodities, specialty chemicals, or customized procurement services, TDD-Global is trustworthy to be your fist choice.
