Cost Support Factors,Future Rubber Decline May Be Slowing Down

- Nov 14, 2018-

After gradually digesting the previous negative effects, the current price of rubber has approached 11,000 yuan / ton. Since the cost of tapping in Yunnan is between 11,000 and 12,000 yuan/ton, and the cost of tapping rubber in Hainan is between 10,000 and 11,000 yuan/ton, the decline in rubber prices will undoubtedly make domestic rubber farmers lose the enthusiasm for tapping. It is understood that the current purchase price of raw material glue in Xishuangbanna production area in Yunnan is 9.2-9.4 yuan / kg. The purchase price of raw material glue in state-owned rubber factory in Hainan production area is 9.6 yuan / kg, which has different degrees of decline from the previous month.