Rubber prices continue to rise from February 18 to 24


Last week (February 18 to 24), rubber prices rose by 1.2% month-on-month, an increase of 0.9 percentage points over the previous week. prices rose by 2.3%, and prices were basically stable. According to Information Trade Network, the operating rate of all-steel and semi-steel tires last week increased by 12.4 and 8.4 percentage points respectively compared with the end of January. Under the support of downstream demand, it is expected that there will still be some room for growth in rubber prices in the later period.

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