On December 25th, CPC Southwest Sales Company raised the price of BR rubber by 200 RMB/ton, while Dushanzi/Sichuan BR reported 11,100 RMB/ton, and Southwest Warehouse raised the price.

This move directly reflects the tight supply or increased demand in the market, which is a significant positive for spot prices and may push up the transaction price in the spot market. Based on the futures data of butadiene rubber (butadiene rubber), the closing price of contract 2602 on December 24th was 11,395 RMB/ton (down 45 RMB). The spot price increase will boost the sentiment of the futures market, especially for contracts such as 2602 and 2603 in recent months, which may drive a rebound in futures prices.

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