Three quarter of this year, the pressure is still large rubber

July 2015, the domestic rubber market fell sharply. According to the monitoring, in July the rubber index rose from 661 points in early March to the end of 623 points, down 38 points. July rubber prices in the ups and downs, the rubber fell across the board, which the largest decline in products for styrene butadiene rubber, in the range of 11.13%.

Products, rubber supply pressure. On the one hand, rubber prices rose in the second quarter, resulting in some synthetic rubber manufacturers to resume production; on the other hand, beginning in the second quarter, the natural rubber in tapping the natural rubber market in the second quarter supply gradually increased, to three quarters of the rubber market supply surface to bring greater pressure.

Industrial chain, the upstream product prices, it is difficult to support from the cost of synthetic rubber prices. According to the monitoring, in July, the price of butadiene from the beginning of 9467 yuan / ton, down to the end of 6701 yuan / ton, down 29.22%. Downstream demand has been sluggish, the start of the 2015 downstream tire industry is only about 60%.

Industry, the new composite glue, the United States Tires dual anti policy, etc., to the domestic rubber, tire market are suppressed.

The above factors, the formation of the common bad in July rubber.

Overall situation, the current China's rubber market in the doldrums stage is difficult to rebound, is expected in August will continue to decline in rubber index 10-15 point, synthetic rubber will continue to decline 500-800 yuan / ton, natural rubber will continue to fall by 800 ~ 1200 yuan / ton.