Industry News

February 02, 2020 2020
Rubber: The demand side will be affected after the spring festival, the operating rate may also be affected


During the Spring Festival, natural rubber futures  market, raw materials in Thailand, China and the U. S. dollar spot prices have fallen in some degrees. After the festival market demand  will be hit, for the road freight turnover bear the brunt,and this year, part of the high-speed road closure, logistics freight will be affected.

 Downstream starts have been delayed until February 10, and subsequent starts may also be affected,especially for March and April are the tyre peak season. Qingdao port inventory is still expected to accumulate month-on-month, and gradually reduce the difference with the same period last year.


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