Natural rubber prices rise tire companies feel pressure


According to statistics from the Customs, in the first quarter, 42,000 tons of natural rubber were imported into the Guangzhou Customs District, which was a decrease of 9.7% from the same period of last year, and the import amount was US$13.486 million, an increase of 7,5%. Due to the Guanzhou District of Guangzhou. The natural rubber imported from the bank is mainly used for tire manufacturing, and domestic tire manufacturers feel a significant price pressure. It is reported that natural rubber prices rose sharply in recent years, mainly due to the following factors.

- It is a global shortage of resources. Due to climate drought and other factors in Southeast Asia, last year's output has decreased, and natural rubber stocks have dropped sharply. From January to February, it was the season for the domestic natural rubber to stop. The gum trees in Thailand and Malaysia have also entered the wintering period. This has affected Natural rubber supply. The current production in Southeast Asia accounts for more than 85% of the world's natural rubber.

Secondly, Thailand, Malaysia and Indonesia have established rubber funds and established operating agencies to jointly stabilize the international rubber market in order to stabilize the prices of the international natural rubber market. They have jointly intervened in the international rubber market and steadily increased the global rubber price.

Third, the strong demand in the domestic market, due to the rapid development of the domestic automobile market in recent years, the demand for tires has also grown rapidly, while only a few provinces such as Hainan and Yunnan produce natural rubber at home, and the annual output is still less than 500,000 tons.


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