The natural rubber market is sluggish, with average transactions. The commodity index of natural rubber was 35.54 on July 23, unchanged from the 22nd, and a decrease of 64.46% from the high point of the cycle. Due to natural rubber being one of the important strategic resources, China ranks high in the consumption of natural rubber and is a major consumer of natural rubber. In 2014, China consumed nearly one-third of the world's total rubber raw materials, with natural rubber accounting for more than half of it.

On July 22nd, some natural rubber products showed weak and temporarily stable quotations, but there was no significant improvement in transactions. Yunnan Xinbao Oil's Tianjian quotation is 11800 yuan/ton, and the second standard quotation is 11300 yuan/ton; Shanghai Tianji Hainan Whole Milk quoted 11900 yuan/ton; Shanghai Longxiang Standard 2 offers a price of 11000 yuan/ton; Tianjin Xiangyu latex quotation is 12200 yuan/ton. At present, market trading is sluggish and transactions are limited. Although dealers offer high prices, the market is weak and difficult to change.

On July 22nd, natural rubber companies in Shanghai temporarily stabilized their quotations, and some merchants stopped quoting and remained on the sidelines. Shanghai Rongrong International Trade offers a full milk price of 12000 yuan/ton (self pickup in Shanghai) and a cigarette adhesive sheet price of 13200 yuan/ton (self pickup in Qingdao); Shanghai Zhongzhe temporarily follows the market quotation of 12100 yuan/ton; Shanghai Youth Chemical quoted Yunnan whole milk at 12000 yuan/ton; Shanghai Juyi full latex quotation is 12400 yuan/ton. At present, the spot market prices are weak and difficult to change, with slow market trading and limited transactions. Please discuss the actual orders in detail.

China has always been a major consumer of rubber. Last year, China's consumption of rubber raw materials accounted for nearly one-third of the world's total rubber consumption, and the consumption rate of natural rubber has accounted for more than half of the entire rubber raw material supply, with an annual growth rate of over 10%. Due to natural rubber being one of the important strategic resources, the situation of excessive dependence deserves attention and new avenues need to be sought.

Natural rubber is produced from the lotion of Brazilian clover rubber. Internationally recognized, the three leaf rubber tree is only suitable for growing in tropical rainforests within 15 degrees north and south latitude. Only a few islands in our country are suitable for planting three leaf rubber trees. When the People's Republic of China was founded, Western countries imposed an embargo on natural rubber in our country. This marks the beginning of China's independent development of the natural rubber industry.

After more than 60 years of effort, China's natural rubber industry has achieved a historic leap in development from a planting area of 45000 mu with a yield of less than 200 tons in 1950 to a planting area of 17 million mu with a yield of 880000 tons in 2014. Although China's natural rubber industry has made great progress, there is still a significant gap compared to the demand in our country.

The three leaf rubber tree has always faced the potential threat of South American leaf blight, and once an outbreak occurs, it will have a devastating impact on the rubber industry. More than 80% of China's natural rubber is imported from other regions, which seriously affects the strategic security of China's natural rubber. It is urgent to find alternative resources. In view of this, China has been committed to developing rubber varieties other than three leaf rubber, realizing the diversified development path of natural rubber in China, ensuring China's strategic security, and reducing dependence on imported natural rubber from foreign countries.