On March 25th, the market for natural rubber raw materials in Thailand's production areas rose: cigarette chips were reported at 76.50 baht/kg, up 0.50 baht/kg; Glue price is 76.50 baht/kg, up 0.50 baht/kg; The price of cup glue is 62.80 baht/kg, an increase of 0.10 baht/kg.
The article shows that the prices of natural rubber raw materials (cigarettes, glue, cup glue) in Thailand's production areas have risen comprehensively, with cigarettes and glue both rising by 0.50 baht/kg to 76.50 baht/kg, and cup glue rising by 0.10 baht/kg to 62.80 baht/kg, indicating tight supply or increased demand for raw materials, which is favorable for spot prices. Based on recent futures data, such as the natural rubber 2701 contract (closing price of 17,025 RMB/ton, up 55 RMB) and 2703 contract (closing price of 17,130 RMB/ton, up 85 RMB), the rise in spot prices may strengthen market bullish expectations and drive futures prices further higher.