As of the end of last week, the domestic Qingdao port inventory continued to recover slightly, but the recovery rate gradually slowed down. From the perspective of domestic raw material prices, the raw material prices in Hainan production areas continued to rise, reflecting that the tight pattern of raw materials has not eased. Due to the impact of rainfall overseas, the price of raw materials has also continued to rise recently.

The rubber cost side has strong support, and the strength of the spot has also brought about a stronger basis in the near future. Before seeing the price of domestic raw materials and concentrated milk fall, and the month-on-month improvement in demand in the later period is superimposed, it is expected that the price of rubber will continue to fluctuate strongly.