On February 26th, the natural rubber market in Shanghai experienced a slight decline. The Shanghai rubber futures market surged and fell back, with average market transactions. Spot merchants lowered their offers by around 50-150 RMB/ton, while the mainstream quotes for Yunbao/Guangken in 2024 were 16,900-17,050 RMB/ton; 24 years ago, the mainstream price of Haibao was 16,950-17,150 RMB/ton; The mainstream price for 3L in Vietnam ranges from 17,050 to 17,250 RMB/ton.

In terms of spot goods, natural rubber prices in Shanghai have generally decreased by 50-150 RMB/ton, with mainstream brands such as Yunbao/Guangkenbao reporting 16,900-17,050 RMB/ton, Haibao reporting 16,950-17,150 RMB/ton, and Vietnam 3L reporting 17,050-17,250 RMB/ton, indicating sufficient supply or weak demand, which has created negative pressure on spot prices. In terms of futures, Shanghai Jiao Tong rose and fell back, with average trading volume. Combined with the latest futures data (such as the closing price of the main contract 2605 at 17,125 RMB/ton, an increase of 15 RMB, but fell back after reaching a high of 17,370 RMB/ton during the trading session, with a decrease of 2,146 holdings), it indicates a lack of market confidence and may be affected by macroeconomic factors.

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