On January 6, the natural rubber raw material market in Thailand experienced an upward trend: smoked sheet was quoted at 60.70 THB/kg, up by 0.45 THB/kg; latex was quoted at 55.00 THB/kg, up by 0.30 THB/kg; and cup lump was quoted at 53.00 THB/kg, up by 0.30 THB/kg.

PriceSeek analysis of natural rubber, with a long-short score of 1.5:
The prices of natural rubber raw materials in Thailand have risen across the board, with smoked sheet, latex, and cup lump increasing by 0.45 THB/kg, 0.30 THB/kg, and 0.30 THB/kg, respectively, indicating strengthened cost support and a positive impact on spot prices. The price increase in raw materials, as upstream products, reflects tightening supply or recovering demand, which is expected to drive up the spot prices of finished natural rubber.

In terms of futures, considering the upward trend of yesterday’s main contracts—2605 (settlement price 15,800 CNY/ton, up 175 CNY) and 2609 (settlement price 15,745 CNY/ton, up 160 CNY)—today’s news of raw material price increases may further boost market sentiment and push up futures prices. In particular, changes in open interest for near-month contracts indicate capital inflows (e.g., open interest for contract 2605 increased by 13,145), reinforcing bullish expectations.