Other news: Upstream ANRPC, the latest data show that the natural rubber 1-9 months of this year the members of ANRPC production was 7 million 952 thousand tons, and is very close to 7 million 954 thousand tons last year. In addition, ANRPC estimated that this year the annual output of 11 million 92 thousand tons, a slight increase of 0.5% compared to the same period last year. This year, Malaysia, Philippines and China have different degrees of reduction, Thailand and Indonesia to maintain growth trace.
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As IRSG recently released a report that 2020 natural rubber will be facing a shortage situation.
In the short term, there is still a rubber pupil factors coexist, the market is expected late market shocks. The main focus is still in the situation of the library in November massive warehouse. From the calendar year basis trend, 11 month basis a greater probability of upward.
At present, the rubber industry is ready for a new market. Of course, from the cost price, the market views are generally concentrated in the above 17000 points, when the rubber is able to break through this point of observation is still needed.
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