The main rubber contract rebounded significantly after the market opened yesterday, and then maintained the first trend, opening on February 20, the main rubber contract rose slowly, and began to maintain yesterday's 13500 line**.
At present, the latest news of fundamentals shows that the downstream began to show a slow recovery trend after the year, and China's automobile and excavator sales increased by more than 50% year-on-year in January. Rubber tire enterprises during the Spring Festival holiday, the domestic tire operating rate before the holiday continued to decline sharply, but some rubber tire enterprises during the holiday production enthusiasm is high, resumption of work and production ahead of schedule, and downstream demand is gradually recovering. The operating rate of semi-steel tires is relatively stable, and with the support of demand, the production schedule of rubber tire factories continues to maintain a high level, which is good news for both natural rubber and synthetic rubber.
In terms of upstream, the global natural rubber has gradually entered the off-season, the domestic cut-off, and the foreign country has also entered the cut-off period, the output of raw materials has decreased, and it is expected that the raw materials will rise and fall before April, and the face will have a certain supporting role. During the holiday, the external market may have a certain role in promoting the domestic.
The atmosphere of the natural rubber market is still warm, and it may run strongly in the day. (Text: Natural Rubber Mesh).
End Hereby declare: This article is a natural rubber network [www.yunken.com] original text, **must be indicated**Natural rubber mesh！The article is in the exchange of information, the content is only the author's personal views on the day, the information or data involved is mainly provided by third party information or public information, does not constitute any investment advice, does not bear any responsibility for the loss caused by the use of the information or opinions in this article, the market is risky, investment needs to be cautious.
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