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Natural rubber market early morning alert: rubber prices may show wide-range fluctuations
Domestic production areas are steadily advancing seasonal harvesting, with expectations of gradual release of new rubber supply. Overseas supply is seasonally tightening, and the rubber bottom support remains. Under the disturbance of overseas geopolitical risks, the direct increase in synthetic rubber raw material costs creates a strong spillover support for natural rubber, but tire exports are hindered, significantly suppressing downstream demand expectations. Whether natural rubber inventories can continue to de-stock remains uncertain. In the short term, with mixed bullish and bearish factors in the natural rubber market, rubber prices may fluctuate within a wide range. (Longzhong Information)