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Natural latex industry oversupply is hard to change the pattern of running hard

AddTime:2015-12-24 11:47:19   Views:     【 Big Mid Small 】   Print   Close

Natural latex market overall lower volatility in July, the first decline in imports of latex, and then stabilized, made of latex have lost market slump. Insiders said that the main reason for early July of imported latex prices have fallen sharply due to the futures market crash and panic filled the air, coupled with the current sluggish domestic macroeconomic data, the market for the domestic economy is expected to fall a good turn, stock market, futures market crash cause rising commodity market pessimism. Since August and September are all domestic and foreign high-yielding season, while demand downstream business in the doldrums, the market will remain in oversupply pattern, it is expected that natural latex market will remain volatile downtrend.
Domestic latex prices fall
July, natural latex significant decline in spot market prices, first imported latex prices fell sharply in early, and later as the market stabilized stabilized atmosphere, import latex market prices started at 10,000 yuan / ton in the vicinity of the tug of war. Zhuo record information analysts Wu wei ru in an interview with reporters, said the International Business Daily, July Thailand overall purchase price of raw materials glue inverted V-shaped trend. In early July, the drought in northeastern Thailand, so that the glue output is limited, but because the Northeast accounted for 10% of total production, the overall share of the market as a whole and thus a smaller boost is limited, but with the rainy season in southern usher, continued rains led to tapping work disruption, Thailand overall usher southern flood northern drought situation, which is the raw material glue support a certain price, the highest price rise within the month to 49.5 baht / kg. But then with the weak run domestic futures, and industry on the volume of supply concerns after the rain, prices began to glue tumbled.
Compared with imported latex, domestic rubber market more tragic, July domestic prices hit Hainan producing latex concentrate market slump. According to statistics Zhuo record information, in June climbed to the highest price for domestically produced latex 9500 yuan ~ 9600 yuan / ton level, but in early July, depressed by the external macroeconomic environment and import prices dragged down latex, latex domestic market took a plunge, the lowest price It fell to about 7400 yuan / ton, compared with the highest point of the overall decline in June 2000 yuan / ton, up 20.94 percent decline.
Wuwei Ru said that as the downturn Hujiao, as well as domestic market sales areas vulnerable to run, latex domestic market continued to decline, more processing plants Hainan producing below cost sales, continued loss making plants overall operation difficult. With greater price advantage, domestic concentrated milk imports space bag market a certain impact, the overall turnover is hot, there is news that when the domestic rubber prices fell to lows, Hainan rubber overall volume of up to one hundred cabinet level. But then, Hainan, Yunnan areas usher storm, limited supply of raw materials, thus supporting prices pulled back slightly.
Latex products run hard
Wuwei Ru said that the current difficult overall operation of latex products, continued the sharp drop in orders led to some small and medium enterprises shut down production, a number of large-scale footwear enterprises only one month consumption cabinet latex, the overall decline in the same period in previous years more than 50%. Just to be weak lead the industry overall turnover blocked, dismal market trading atmosphere endless. As of July 31, Shanghai three trees barrels latex Rate at 10,000 yuan / ton, compared with June fell 700 yuan / ton, down 6.54%. According to reports, the domestic latex prices continue to fall, Hainan and other areas of the plant's selling price much lower than the cost price, leading to plant loss, thus difficult operations. Looking at the current market situation, the industry expects natural latex market outlook is not optimistic, mainly because the next two months is still a high-yielding season, although the current downturn because rubber prices, producing the rubber farmers tapping enthusiasm frustrated, but due to the current downturn in demand downstream products business the future market will be in oversupply in the longer period of time. In addition, Wuwei Ru said, because August domestic factories have faced high temperature cut-off, the terminal rigid demand will continue to decline, but will also focus on the early low-cost supply to Hong Kong in early mid-August, so from the fundamental point of view, the price is expected to latex or continue maintain tumbled trend.


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