Last Friday, the mainstream spot price in the spot market in Jiangsu fell. The downstream tire factory is stable in operation, and the overall operating rate is maintained at around 70%. However, due to the off-season effect of the tire market demand, the overall sales pressure is relatively high. China imported 500,000 tons of natural and synthetic rubber (including latex) in October, a decrease of 8.42% from the previous month’s 546,000 tons. China’s total imports from January to October were 5.213 million tons, down 8.01% year-on-year. Technically, the price of rubber will be short-term or maintain a range of shocks. Operational recommendations: temporarily wait and see.