Business Society: With the arrival of the peak season, it is expected that the natural rubber market will experience fluctuations and upward exploration in the later period
According to the commodity market analysis system of Business Society, the recent domestic natural rubber spot market has seen a slight upward trend. As of August 11, the price of natural rubber in China's spot market is around 14,816 yuan/ton, an increase of 2.48% from 14,458 yuan/ton on the 1st. Currently, the high prices of domestic and foreign raw materials, along with stable operations in the downstream tire industry, are supporting the natural rubber market. The slight decrease in natural rubber port inventory has created certain expectations for a market rebound. Overall, with the peak season approaching, it is expected that the natural rubber market will experience fluctuations and a gradual increase in the future