Southeast Asia natural rubber futures quotations continue to fall. According to local suppliers, due to poor buying momentum in the market, supply exceeds demand, causing prices to continue to decline.. It’s just that the timing is nearing the end of the year and is approaching the leaf-falling period, and the supply of natural rubber will be reduced by then. The current market supply and demand are still seeing a tug of war, and traders are still conservative due to the boom. Today’s Southeast Asian rubber futures quotes
In addition, according to recent synthetic rubber news in mainland China, due to the recent sharp decline in butadiene, the main raw material of synthetic rubber, synthetic rubber SBR and BR in the mainland market have both dropped significantly. It is expected that the Taiwan market will follow suit in the future. olefin futures trend
Looking to the future, due to the recent production slump and weak demand for related raw materials, the quotations of both natural rubber and synthetic rubber have continued to be revised downwards in the near future. In addition, the new US president is about to take office, and the subsequent political and economic situation may be volatile. In order to maintain stability, Yingbaotai advises everyone to be conservative and prudent to tide over this recession together.
