Similar to Southeast Asia, the natural rubber tapping season in Yunnan Province has been delayed by more than one month this year.01
The price of NBR is not stable, first rose in May and then fell. The price at the beginning of the month was 13,700 yuan / ton, and then rose to a monthly high of 14,000 yuan / ton.02
Yunnan Province in China continued to delay the tap date, rubber production is forecasted reduction. Hainan region of glue output is not high, the acquisition price remained at 8,700 yuan.03
The impact of global public health events on demand across the entire industrial chain and the reduction in foreign trade orders for the tire.04
The latest figures from the National Bureau of Statistics of the People's Republic of China show that production in synthetic rubber was 590,000 tonnes in April 2020.05
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