SunSirs: High Level Consolidation of China Domestic Natural Rubber Market

According to the Commodity Market Analysis System of SunSirs, the domestic natural rubber spot market has been consolidating at a high level recently (9.8-9.17). As of September 17th, the spot rubber market in China was around 15,091 RMB/ton, a decrease of 2.11% from 15,416 RMB/ton on September 8th. On the one hand, the high prices of natural rubber raw materials and the continued slight decline in domestic port inventories provide support for the natural rubber market; On the other hand, downstream suppliers replenish goods according to their basic needs before the holiday, and are cautious about inquiries from high priced sources. There is significant market transaction resistance, and coupled with market expectations that the price of natural rubber raw materials will fall later, the price of natural rubber has slightly fallen after a previous surge. As of September 17th, the mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 15,000-15,300 RMB/ton.

As of September 17th, the price of Thai glue was 56.20 baht/kg, an increase of 0.36% from 56.00 baht/kg on September 17th. In the early stage, the production of natural rubber raw materials in the market decreased due to natural factors. In September, with the improvement of weather conditions, the supply of raw materials has recovered to some extent, but it is still not at a low level. The overall price of natural rubber raw materials is still at a high level, which provides some support for the market of natural rubber.

Recently (9.8-9.17), natural rubber inventories have continued to decrease slightly, and the market atmosphere has improved. As of September 14, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 586,600 tons, a decrease of 5,600 tons or 0.95% compared to the previous period.

Recently (9.8-9.17), the overall stability of downstream tire production has provided essential support for the natural rubber market. As of September 11th, the construction of semi steel tires by domestic tire companies has slightly increased to around 73%; The production of all steel tires by tire companies in Shandong Province has slightly decreased to around 64%.

The current high and firm prices of raw materials both domestically and internationally, as well as stable downstream tire production and consolidation, provide support for the Tianjin rubber market. The Tianjin rubber port inventory has slightly decreased, and with the arrival of the peak season, it is expected that the natural rubber market will fluctuate and rise in the later period.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.