The current supply status of the main natural rubber producing areas

The current supply status of the main natural rubber producing areas

一：Foreign Production Areas

1. Thailand Production Areas

Recently, the overall change of the raw material end in Thailand is small, divided into different regions, the air intake temperature in the northern region has declined, the low temperature has led to the rubber tree entering the winter defoliation period, and the output of raw materials has begun to decrease significantly, so as to ensure that the purchase price of cup rubber remains high, and some old trees have gradually begun to stop cutting, and it is expected to enter the cutting season at the end of January; The flood hype caused by heavy rainfall in the southern region began to weaken, but the improvement in the output of gum trees was limited. For processing plants, the demand for concentrate latex has entered the off-season, and the overall downstream receiving efforts are weak, and the storage and stocking of processing plants have basically entered the end state, and the demand for raw material latex has also begun to decline, which has dragged the recent latex purchase price to fluctuate in a narrow range, but it is still at a high level in the same period in the past three years.

In terms of the operation situation of processing plants in Thailand, most of the factories still maintain 50% to 70% of operation, a small number of large factories are in a state of full operation, raw material inventory is basically maintained at about 1-1.5 months. At present, the factory rubber purchasing price remains high, the selling price is expected to witness a limited improvement, the theoretical production profit of the dry rubber plant continues to invert the trend, buyers and sellers wait and see, and the market transaction is relatively weak.

2. Vietnam Production Areas

Recently, the rainfall in Vietnam's production areas has eased, but the overall temperature has begun to drop, and the rubber collection operation in some areas has begun to be suspended, and the output of raw materials is relatively limited. In terms of the current output and rubber tapping situation, some processing plants said that they expect to stop cutting around January 20 this month, which is slightly earlier than last year's cutting period to a certain extent.

In terms of the operation starting situation of the processing plant, coupled with relatively high profit of concentrated latex, the enthusiasm of the processing plant for the production of concentrated latex is still in a relatively positive state, and the Vietnamese production area is similar to the Chinese production area that has an obvious cut-off period, and the processing plant is currently operating relatively well in preparation for the cut-off period storage.

二、Domestic Production Areas

1. Yunnan Production Areas

At present, the Yunnan production area has entered the stage of comprehensive cessation, and the price of raw material latex is not available. In terms of processing plants, with the rise in the price of the early market, the purchase price of raw material rubber blocks has risen strongly, but the Yunnan production area is currently in the cutting period, and there is no new raw material output. At present, with the basic stocking inventory consumed during the cut-off period, under the situation of the normal operation of the processing plant, its raw material reserves continue to be consumed, and the production capacity of some factories will gradually decline.

2. Hainan Production Areas

conditions in Hainan production areas are relatively normal, but because it is close to the cutting cessation period, and the rubber tapping situation among different regions is also different, and the southern Hainan production areas such as Anding and others have entered into complete cessation period. The western production areas have basically entered a state of cutting stopping period such as Danzhou, Baisha, etc, and some local processing plants said that there is basically no latex logistics by large trucks, and only a few small trucks of 2-3 tons carry on sporadic goods delivery, but as far as the current situation is concerned, this week has basically entered a state of cessation period; Due to the temperature situation in a few areas in the south, rubber tapping is still maintained for the time being, and it can basically be maintained for about a week. To sum up, Hainan production areas are basically entering into a complete cutting cessation situation in the middle of this month.