According to the Commodity Market Analysis System of SunSirs, the domestic natural rubber spot market has fluctuated and slightly rebounded recently (11.1-11.13). As of November 13th, the spot rubber market in China's natural rubber market was around 14,883 RMB/ton, an increase of 0.90% from 14,750 RMB/ton at the beginning of the month, and an increase of 2.88% from the low point of 14,466 RMB/ton during the cycle. Supported by the cost of natural rubber raw materials and the urgent demand, natural rubber has slightly rebounded. However, the slight increase in Tianjiao inventory at the port has a certain bearish impact on the Tianjiao market. As of November 13th, the mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 14,800-15,100 RMB/ton.

As of November 13th, the price of Thai glue was 56.30 baht/kg, a slight increase of 0.54% from 56.00 baht/kg at the beginning of the month. The current price of natural rubber raw materials is still running at a high level, and domestic rubber cutting will gradually stop in the later stage. However, the global rubber cutting season will gradually come, and the overall supply of natural rubber raw materials is expected to increase in the later stage. The price of natural rubber raw materials may fall from a high level.

Recently (11.1-11.13), natural rubber inventory has continued to decrease slightly, which has a greater impact on natural rubber. As of November 9, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 449,500 tons, an increase of 1,800 tons or 0.40% compared to the previous period.

Recently (11.1-11.13), downstream tire production has slightly increased, providing essential support for the natural rubber market. As of November 7th, the construction of semi steel tires by domestic tire companies has slightly increased to around 74%; The production of all steel tires by tire companies in Shandong Province has slightly decreased to around 65%.

Currently, natural rubber raw material prices are running at a high level, supported by downstream demand, and the inventory of Tianjiao Port has slightly increased. Overall, it is expected that the natural rubber market will mainly fluctuate within a certain range before the holiday.

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