November 3rd News
Current natural rubber spot prices are in a consolidation range. The price of natural rubber raw materials from the upstream Thai production area has been adjusted downward for several consecutive days. Spot quotes in the Qingdao region of China fluctuate slightly with the Shanghai rubber futures. Based on the average difference method, the current market is judged to be in a high-level retracement phase. The 1-year cycle price is at a high level, and the short-term upward space is limited.
I. Data Description
The latest available data is up to November 2, 2026, and it is recommended to refer to real-time data.
II. Table of Finite Differences
| Type of Mean Difference | Value on November 2, 2026 | Value on November 1, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 108.34 | -86.67 | + |
| 10-Day Mean Difference (D10) | -224.17 | -203.33 | - |
| 20-Day Mean Difference (D20) | -127.08 | -133.75 | + |
III. Signal State Determination
The current average difference change combination is (+, -, +), which belongs to a retest (bullish) signal.
IV. Conclusion on Trend Direction
The current price trend is oscillating, reason: the changes in the 5-day, 10-day, and 20-day moving average differences compared to the previous day are +, -, and +, respectively. The directions of these changes are not completely consistent, meeting the criteria for an oscillating trend. The retracement signal with a bullish attribute indicates strong short-term support at the lower levels.
V. Positional Space Reference
60-day cycle: Price is at the 3rd tier (mid-level), with some room for fluctuation both above and below.
3-Month Cycle: Price is in Tier 4 (Mid-to-High Range)
1 year cycle: The price is at the 5th tier (high), with limited room for increase.
VI. Price Trend Chart for the Past Year
VII. Recent Spot Market Fundamentals
Chinese Qingdao market: On November 2nd, the spot market showed fluctuating consolidation. For 2024, Yunbao/Guangken/Haibao was mainly quoted at 187,500~190,500 CNY/ton; for 2025, the same brands were mainly quoted at 189,000~192,000 CNY/ton; Vietnamese 3L was mainly quoted at 203,000~204,000 CNY/ton, with quotes slightly adjusted following the high fluctuations of Shanghai rubber futures.
Thailand production area: On November 2, raw material prices continued to decline, with sheet rubber quoted at THB 88.00/kg (down THB 0.50/kg), latex concentrate at THB 85.50/kg (down THB 1.30/kg), and cup lump rubber at THB 77.10/kg (down THB 0.70/kg). The sustained weakness in raw materials recently has exerted downward pressure on spot prices.
VIII. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
