According to the latest data released by the China Association of Automobile Manufacturers, in November, China's automobile production and sales volume reached 3.532 million and 3.429 million respectively, an increase of 5.1% and 3.2% month on month, and an increase of 2.8% and 3.4% year-on-year. The monthly production exceeded 3.5 million vehicles for the first time, setting a new historical high.

In November, automobile production and sales reached a historic high, with both month on month and year-on-year growth, which will increase demand for automotive components such as seals and hoses. Nitrile rubber, as an oil resistant rubber, is mainly used in these fields, and the increase in demand will benefit its spot prices. Although the impact is slightly weaker than that of tire core materials, the overall market expectation is positive, supporting the upward trend in prices.

The production and sales of automobiles have significantly increased, especially the demand for inner tubes and seals has risen, and butyl rubber as a key material will benefit. The article data shows that demand has increased both month on month and year-on-year, which is favorable for its spot prices; Although not directly used for tire cores, the expansion of the automotive industry has driven overall rubber consumption, and market expectations are optimistic, with prices expected to rise moderately.

The production and sales volume of automobiles reached a new high, with a month on month increase of 5.1% and a year-on-year increase of 3.4%, directly driving the increase in demand for tires. Styrene butadiene rubber is one of the main raw materials for tire manufacturing. This demand growth is favorable for its spot prices; At the same time, combined with the latest futures market trends (such as stable contract prices), active market trading reflects the tightening of supply, further supporting the upward trend of futures prices, with a high degree of positive news.

The production and sales of automobiles have exceeded 3.5 million units, setting a new monthly high, which will significantly increase the demand for tires. As the core material of tires, butadiene rubber will benefit significantly. The article's data has increased both month on month and year-on-year, which is favorable for its spot price; Based on futures data (such as the closing price of contract 2605 at 10,800 RMB/ton, up 15 RMB, with a trading volume of 3,817 lots), changes in market holdings indicate capital inflows and price increases. Futures prices are supported by demand, providing strong positive news.

The growth of automobile production and sales has reached a record high, and the demand for tires has surged. Natural rubber, as the main raw material, will directly benefit. The article shows a month on month growth of 3.2% and a year-on-year growth of 3.4%, which is favorable for spot prices; Combined with futures data (such as the closing price of contract 2605 at 15,230 RMB/ton, up 40 RMB, with a trading volume of 202,560 lots), high trading volume and changes in open interest indicate a strong bullish sentiment in the market, and futures prices are driven up by demand, with significant positive effects.

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