Hottest natural rubber market trends in May 2007

The market dynamics of natural rubber in May 2007

according to the monitoring of the Bureau of agricultural reclamation of the Ministry of agriculture (the office for the development of subtropical crops of the Ministry of Agriculture), in May 2007, Thailand's No. 3 cigarette glue (RSS3) and Indonesia's No. 20 standard glue were new experimental equipment for modern building mechanics experiments (sir20). The price fluctuated widely. After a short correction at the beginning of the month, it rose sharply, and fell at the end of the month. The spot price of domestic No. 5 standard glue (SCR5) in the domestic production and marketing regions oscillated downward throughout the month, and the transactions between the production and marketing regions were more active

main overseas production areas: the average price of RSS3 in Thailand in May was 2374 US dollars/ton, up 46 US dollars/ton from the previous month, with the highest price of 2450 US dollars/ton and the lowest price of 22856 US dollars/ton. Different report situations can be output according to user requirements; The average price of Indonesian sir20 was $2224/ton, up $70/ton from the average price of the previous month, with the highest price of $2285/ton and the lowest price of $2160/ton; The average monthly price of maturing spot in Singapore futures market was $2390/ton, up $73/ton from the average price last month, with the highest price of $2440/ton and the lowest price of $2325/ton

main domestic production areas: in May, the average transaction price of Haikou SCR5 was 19642 yuan/ton, 1876 yuan/ton lower than the average price of the previous month, the highest price was 20334 yuan/ton, the lowest price was 18500 yuan/ton, and a total of 9384 tons were traded in the whole month; The average transaction price in Yunnan was 19576 yuan/ton, down 2042 yuan/ton from the average price last month. The highest price was 20140 yuan/ton, and the lowest price was 19170 yuan/ton. A total of 6249 tons were traded in the whole month

domestic main sales areas: the average price of domestic SCR5 in Shanghai market is 19944 yuan/ton, down 1358 yuan/ton from the previous month, the highest price is 20800 yuan/ton, and the lowest price is 19200 yuan/ton; The average market price in Qingdao is 19883 yuan/ton, down 1336 yuan/ton from the previous month, with the highest price of 20600 yuan/ton and the lowest price of 19200 yuan/ton; The average price in Tianjin is 19897 yuan/ton, down 1350 yuan/ton from the previous month, with the highest price of 20700 yuan/ton and the lowest price of 19200 yuan/ton

import: according to customs statistics, a monitoring and analysis system was established on April 1st, 2007, with a total of 123475 tons of natural rubber imported, a year-on-year decrease of 12.6%, basically the same as last month

analysis and prediction: in June, natural rubber in the main producing country in Southeast Asia has been fully cut, and the resource supply will gradually increase. It is expected that foreign natural rubber prices will gradually fall in the future. The main production areas of Hainan and Yunnan in China will enter the peak production period in June, and the resource supply will increase significantly. In addition, such products are widely used abroad. The inventory of Shanghai Futures Exchange has yet to be digested, and the domestic spot price will gradually fall. However, as the price of domestic No. 5 standard glue is 4000 yuan/ton - 5000 yuan/ton lower than the price of imported glue after tax payment, it is expected that the decline of domestic glue will slow down

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