Natural rubber front-month settled at CNY 19,700/t (+0.43%), while butadiene rubber rose to CNY 16,170/t (+1.51%). Their spread narrowed to CNY 3,530/t — down 18% from September’s peak — indicating reduced substitution pressure and stronger cost support for synthetic rubber.

Butadiene rubber (BR) rose 1.63% to ¥15,925/t amid flat-to-negative natural rubber pricing, signaling tightening supply-demand balance; tire makers may accelerate raw material procurement.

Natural rubber front-month edged up 0.23% to CNY 19,705/t. Thai latex supply has recovered as monsoon rains eased, yet Chinese tire makers maintain cautious procurement due to elevated inventory levels.

Butadiene rubber front month rose 0.80% to CNY 15,730/t — the only rubber grade gaining this week — driven by stronger EV tire orders from domestic OEMs and restocking by overseas EV-tier suppliers.

Butadiene rubber dropped 2.00% to CNY 15,685/t — its steepest one-day fall in a month — as leading Chinese tire manufacturers reported higher inventory levels and cut October production plans by 5% MoM.

Natural rubber front month settled at CNY 19,890/t (−0.08%), with volatility at a yearly low. EV tire demand surged 23% YoY, offsetting softness from conventional tire overcapacity—supporting a modest upward shift in the medium-term price floor.

Butadiene rubber surged 2.78% to CNY 16,070/t—the strongest among synthetic rubbers—while natural rubber rose 0.71% to CNY 19,900/t. Tire manufacturers may accelerate raw material procurement.

Butadiene rubber surged 1.79% to CNY 15,915/t — the strongest gain among synthetic rubbers. Its spread vs. natural rubber widened to -CNY 3,935/t, the largest negative gap since 2024, signaling accelerated substitution by tire manufacturers.

Natural rubber at 20,095 yuan/t (+5.54%) and butadiene rubber at 16,000 yuan/t (+3.96%) rallied together, widening the gap to 4,095. Feedstock jumped, but tire makers' finished-goods inventory days lengthened and the price pass-through stalls at provincial distributors.