According to the Commodity Market Analysis System of Shengyi Society, the domestic natural rubber spot market has fluctuated and slightly rebounded recently (11.1-11.13). As of November 13th, the spot rubber market in China’s natural rubber market was around 14883 yuan/ton, an increase of 0.90% from 14750 yuan/ton at the beginning of the month, and an increase of 2.88% from the low point of 14466 yuan/ton during the cycle. Supported by the cost of natural rubber raw materials and the urgent demand, natural rubber has slightly rebounded. However, the slight increase in Tianjiao inventory at the port has a certain bearish impact on the Tianjiao market. As of November 13th, the mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 14800~15100 yuan/ton.
As of November 13th, the price of Thai glue was 56.30 baht/kg, a slight increase of 0.54% from 56.00 baht/kg at the beginning of the month. The current price of natural rubber raw materials is still running at a high level, and domestic rubber cutting will gradually stop in the later stage. However, the global rubber cutting season will gradually come, and the overall supply of natural rubber raw materials is expected to increase in the later stage. The price of natural rubber raw materials may fall from a high level.
Recently (11.1-11.13), natural rubber inventory has continued to decrease slightly, which has a greater impact on natural rubber. As of November 9, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 449500 tons, an increase of 1800 tons or 0.40% compared to the previous period.
Recently (11.1-11.13), downstream tire production has slightly increased, providing essential support for the natural rubber market. As of November 7th, the construction of semi steel tires by domestic tire companies has slightly increased to around 7.40%; The production of all steel tires by tire companies in Shandong Province has slightly decreased to around 6.5%.
Market forecast: Currently, natural rubber raw material prices are running at a high level, supported by downstream demand, and the inventory of Tianjiao Port has slightly increased. Overall, it is expected that the natural rubber market will mainly fluctuate within a certain range before the holiday.
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