For example, this year the whole Southeast Asia climate anomalies, tapping rubber delay, too much rain during the rainy season, obvious effect on the yield, the rainy season and La Nina need superposition half guard caused too much rain and flood and typhoon.

Overall, 2016 natural rubber supply growth is less than expected, but consumption is significantly better than expected, the stock market to fully digest the spot market, a serious shortage of. “Natural rubber stocks reduced from about 300000 tons to now basically zero inventory, this shows that consumption is also in recovery.” Li Shiqiang said.

Li Shiqiang said, in recent months the tire prices high voice, dealers began restocking, which will affect the tire factory caused by supply and booming. Therefore, in the next few months he is more optimistic about the demand for tires. However, he also stressed that the tire industry profits in the first half of this year may have been to the top.