Recently, the natural rubber market has ushered in a round of strong upward trend. Since August 4, natural rubber futures have continued to rise. On September 1, the RU2701 contract reached a high of 19,105 yuan/ton, setting the highest record for the RU main contract since December 10, 2024; on September 3, the NR2611 contract hit a high of 16,115 yuan/ton, setting the highest value since the launch of No. 20 rubber futures. Strong futures led to spot increases. Take Thailand No. 20 hybrid rubber in Shandong as an example. By the close of trading on September 3, its price was 17,650 yuan/ton to 17,670 yuan/ton, up 6.45% from August 4. Facing the continued rise in raw material costs, from late August to early September, the tire industry ushered in the third round of concentrated price increases in the coming year. Tang Xiaonan, senior natural rubber analyst at Jinlianchuang, said, “The mainstream increase for TBR/all-steel tires was 2% to 3%. This is after two rounds of price adjustments in the first half of this year, tire companies have once again collectively raised their factory prices, reflecting that the pressure on the cost side is approaching the threshold that companies can withstand.”

Recently, the natural rubber market has ushered in a round of strong upward trend. Since August 4, natural rubber futures have continued to rise. On September 1, the RU2701 contract reached a high of 19,105 yuan/ton, setting the highest record for the RU main contract since December 10, 2024; on September 3, the NR2611 contract hit a high of 16,115 yuan/ton, setting the highest value since the launch of No. 20 rubber futures. Strong futures led to spot increases. Take Thailand No. 20 hybrid rubber in Shandong as an example. By the close of trading on September 3, its price was 17,650 yuan/ton to 17,670 yuan/ton, up 6.45% from August 4. Facing the continued rise in raw material costs, from late August to early September, the tire industry ushered in the third round of concentrated price increases in the coming year. Tang Xiaonan, senior natural rubber analyst at Jinlianchuang, said, “The mainstream increase for TBR/all-steel tires was 2% to 3%. This is after two rounds of price adjustments in the first half of this year, tire companies have once again collectively raised their factory prices, reflecting that the pressure on the cost side is approaching the threshold that companies can withstand.”