According to the Commodity Market Analysis System of Shengyi Society, the domestic natural rubber spot market has seen a slight upward trend recently (8.1-8.11). As of August 11th, the spot rubber market price in China’s natural rubber market was around 14816 yuan/ton, an increase of 2.48% from 14458 yuan/ton on the first day. On the one hand, the downstream tire production is basically stable, which provides essential support for Tianjian; On the other hand, the price of natural rubber raw materials remains strong, and the cost support of natural rubber continues; In addition, the slight decrease in domestic port inventory and the improvement of market atmosphere have driven natural rubber prices to fluctuate and rise. As of August 11th, the mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 14700-14950 yuan/ton.
As of August 11th, the price of Thai glue was 54.00 baht/kg, unchanged from the beginning of the month. On the one hand, local heavy rainfall and gust warnings in early and mid August in Thailand have posed resistance to natural rubber (TSR) cutting activities. On the other hand, the domestic cutting period, coupled with the unstable production of old natural rubber plantations in Vietnam, has provided short-term support for the price of TSR raw materials.
Recently (8.1-8.11), natural rubber inventory has been slightly reduced, and the market atmosphere has improved. As of August 10, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 619900 tons, a decrease of 11900 tons or 1.89% compared to the previous period.
Recently (8.1-8.11), the overall stability of downstream tire production has provided essential support for the natural rubber market. As of August 8th, the construction of semi steel tires by domestic tire companies has slightly increased to around 7.20%; The construction of all steel tires by tire companies in Shandong Province has slightly increased to around 6.3%.
Market forecast: The current high prices of raw materials both domestically and internationally, as well as stable downstream tire production, provide support for the Tianjin rubber market. The slight decrease in Tianjin rubber port inventory is expected to lead to a certain recovery in the Tianjin rubber market. Overall, with the arrival of the peak season, it is expected that the natural rubber market will fluctuate and rise in the later period.
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