This rally ended gloomily again? After the DMC rebounded by more than 7% last week, raw rubber and rubber compounds were also driven by the buying mentality and cost, achieving a bottom rebound. However, this week, the market trading atmosphere began to fade, while the quotations of the two directional monomer factories hesitated, the market wait-and-see mood gradually increased, and the industry was cautious.



By the time of press release, DMC was still as stable as Mount Tai, with a quotation of 20800-21000 yuan / ton, the quotation of leading raw rubber factory was still at 21200 yuan / ton, and the quotation of other raw rubber factories was about 21500-22000 yuan / ton. Partial delivery was still delayed, and the supply pressure in the short term was ok, so it was not time for bidding. However, due to weak demand, the effect of continuing to push up is weakened, and rubber compounds are mainly used to digest inventory. It is expected that the raw rubber and mixed rubber markets will be in a stalemate and consolidation this week, and it is not ruled out that there may be a slight negative decline in some parts.