Rubber in China Futures, especially natural rubber, is latex from rubber trees when tapping, which is cured and dried.
Corresponding to this is synthetic rubber, which is made of low molecular weight compounds through polymerization II. The raw materials mainly come from oil and natural gas.
Natural rubber and synthetic rubber are substitutes for each other, so the trends of natural rubber and synthetic rubber are roughly opposite, and synthetic rubber is influenced by the price of upstream oil, so the price trends of natural rubber and petroleum are roughly opposite.
At the same time, the price of natural rubber is also affected by the natural environment and domestic economic environment.