B[Rubber prices soar, more than 60 tire companies collectively increase prices] October 9th, since the beginning of this year, rubber prices have continued to rise. As of the close of October 8th, the main rubber contract price on the Shanghai Futures Exchange was 20,145 yuan per ton, with a cumulative increase of more than 28% during the year, at a nine-year high. Tires are the largest downstream product of natural rubber. The increase in the price of rubber raw materials directly affects the costs and benefits of the tire industry. According to statistics, since September, more than 60 tire companies have issued more than 70 price increase letters, covering all categories of all-steel tires, semi-steel tires, and engineering tires. The price adjustment range is generally between 2% and 5%. Thanks to the continued expansion of domestic new energy vehicles in overseas markets, the tire industry is focusing on the high-end supporting market, hedging against the uncertainty of changes in raw material costs by increasing product value and building technical barriers. (CCTV Finance) BSeptember 18th, according to the Shanghai Stock Exchange, copper inventories increased by 1,293 tons this week, aluminum inventories decreased by 26,729 tons, zinc inventories decreased by 898 tons, lead inventories decreased by 3,685 tons, nickel inventories decreased by 2,138 tons, tin inventories decreased by 593 tons, and natural rubber inventories increased by 1,660 tons. B[Ministry of Agriculture and Rural Affairs: China’s comprehensive grain production capacity will reach about 1.45 trillion kilograms by 2030] On September 17, the Ministry of Agriculture and Rural Affairs recently issued the “15th Five-Year Plan for the Development of the National Planting Industry”. The plan proposes to enhance the ability to ensure the supply of important agricultural products such as grain, further promote the green transformation of the planting industry, give play to the leading role of new agricultural productivity, and enhance agricultural disaster prevention, reduction, and relief capabilities. By 2030, China's comprehensive grain production capacity will reach about 1.45 trillion kilograms. China's comprehensive grain production capacity will steadily increase, and the bottom line of basic self-sufficiency in grains and absolute food ration security will be maintained. The production capacity of soybeans, oil crops, cotton and sugar crops has been consolidated and improved to maintain a reasonable level of self-sufficiency. The supply of vegetables, fruits and tea is balanced, rich in variety, quality and safety, and the diversified supply is more suitable for consumer demand. Agricultural efficiency and water conservation are developing steadily, chemical fertilizers and pesticides are applied scientifically and accurately, and the level of green production in the planting industry continues to improve. Monitoring and early warning of agricultural disasters have become more accurate, agricultural disaster prevention, reduction and relief capabilities have been comprehensively enhanced, and the high-quality development of the planting industry has achieved remarkable results. BSeptember 11th, according to the Shanghai Stock Exchange, copper inventories decreased by 8,220 tons this week, aluminum inventories decreased by 17,019 tons, zinc inventories increased by 1,253 tons, lead inventories decreased by 863 tons, nickel inventories decreased by 847 tons, tin inventories increased by 1,153 tons, and natural rubber inventories decreased by 74 tons. BSeptember 4th, according to the Shanghai Stock Exchange, copper inventories decreased by 9,428 tons this week, aluminum inventories decreased by 26,796 tons, zinc inventories decreased by 5,008 tons, lead inventories increased by 697 tons, nickel inventories decreased by 728 tons, tin inventories increased by 118 tons, and natural rubber inventories decreased by 318 tons.
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