Rubber Spot Market Analysis(April 25, 2025)

This week, the spot price of rubber has a slight correction trend, but it still maintains a relatively low level, on the supply side, the weather conditions in domestic and foreign production areas are acceptable, the expected signal of raw material release increment is enhanced, and the cost side support keeps the decline in expectations; In terms of downstream demand, the tire production rate is slightly lower, individual tire companies have maintenance behavior, the finished product inventory is digested slowly from the bottom up, and there is a possibility of downward adjustment in the production of construction.

Forecast for the future:  

1. The raw materials in the domestic production areas are being cut one after another, and the foreign countries are witnessing the approaching cutting period;

2. It is expected that the production rate of tire sample enterprises in the next cycle is expected to control production;

3. The inventory in Qingdao, China continues to accumulate;

4. Exchange rate, Fed interest rate cut, etc.