On November 12th, the natural rubber raw material market in Thailand's production areas remained stable with a slight increase: cigarette chips were reported at 60.20 baht/kg, up 0.20 baht/kg; Glue price is 56.30 Thai baht/kg, stable; Cup glue price is 54.50 Thai baht/kg, stable.

The article shows that the price of tobacco chips in Thai production areas has increased by 0.20 baht/kg to 60.20 baht/kg, while the prices of glue and cup glue remain stable, showing an overall trend of stable and moderate growth. This indicates a slight increase in raw material supply costs, which may push up the production costs of natural rubber spot and support spot prices. Based on futures market data, yesterday's main contract, such as 2601, closed at 15,095 RMB/ton, up 90 RMB/ton. The change in holdings indicates market activity, and today's favorable raw materials may further strengthen the upward trend of futures.

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