From the end of march to April is the opening period of domestic rubber producing areas. Recently, yunnan xishuangbanna producing areas and hainan producing areas have been opened one after another. In the early stage, dry weather and local outbreaks of powdery mildew have limited influence on the rubber cutting process.The main production areas in southern Thailand and Malaysia are expected to be cut in early may, and rubber production will gradually increase from may to June.If the weather is good, the production will recover more quickly.
Domestic inventory, the last period and Qingdao bonded area inventory is still at a high level.According to the survey, the inventory of wangjiaying warehouse in kunming has reached 180,000 tons, the state-owned warehouse is basically full, and the private warehouse is about 80%.In addition, after the arrival of cargo ships, Qingdao bonded area inventory will continue to rise.Overall estimation, domestic rubber market dominant stock is in 1.6 million - 1.8 million tons. According to Shenyang Sunnyjoint, in the domestic de-inventory pressure has not significantly alleviated, Shanghai glue price is difficult to open up the space of rise.