Business Times: With the peak season approaching, it is expected that the later natural rubber market will fluctuate and explore upward.

According to the analysis system of the business society commodity market, the domestic natural rubber spot market has seen a slight increase recently. As of August 11, the spot rubber price in China was around 14,816 yuan/ton, up 2.48% from 14,458 yuan/ton on the 1st. Currently, the high running of raw material prices both domestically and internationally, as well as stable tire production downstream, are providing support to the rubber market. Port inventories of rubber have slightly decreased, leading to expectations of a slight recovery in the rubber market. Overall, with the peak season approaching, it is expected that the natural rubber market will fluctuate and explore higher levels in the later period.