On January 13th, the market for natural rubber raw materials in Thailand's production areas rose: cigarette chips were reported at 61.40 baht/kg, up 0.10 baht/kg; The glue price is 57.50 Thai baht/kg, an increase of 0.50 Thai baht/kg; The cup adhesive price is 53.50 Thai baht/kg, stable.
The price of natural rubber raw materials in Thailand's production areas has risen, with cigarette and glue increasing by 0.10 and 0.50 baht/kg respectively. The price of cup glue remains stable, indicating tight supply or increased demand, which is favorable for spot prices. Based on the data of natural rubber futures contracts on the Shanghai Futures Exchange (such as the 2605 contract closing at 16,130 RMB/ton on January 12, up 10 RMB), the rise in spot prices may drive futures prices to continue their upward trend, and the overall market sentiment is positive.
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