Toyota Motor Co., Ltd. said that it will stop European car production later in April, causing market demand for rubber used to make tires to decline, and Tokyo Stock Exchange (TOCOM) rubber futures fell for the second consecutive trading day on the 13th and touched More than a week low. On the 13th, TOCOM’s rubber futures for September delivery fell by 4.6% to 438.2 yen/kg ($5,210/metric ton), the lowest level since April 4 and closed at 450.4 yen/kg. Toyota Motor Corp. said on the 12th that the company’s car production in five factories in Europe will be suspended for several days at the end of April and in early May, due to the shortage of parts and components due to the March 11 earthquake in Japan. The world's largest automaker also told US dealers that the disruption of automobile assembly caused by the earthquake may lead to a decline in the supply of automobiles that lasted until the third quarter. According to Kazuhiko Saito, an analyst at Fujitomi Co., "The auto industry has not recovered from the impact of the earthquake. Demand concerns drag rubber prices down." The Japanese Cabinet stated in the report on the 13th that although the Japanese economy is accelerating its growth, it has shown signs of weakness since the earthquake. The Japanese cabinet stated that the damaged nuclear power plant caused a shortage of electricity, and that delays in resolving supply disruptions and high crude oil prices would lead to a further economic slowdown. The decline in rubber futures was limited because crude oil prices rose for the first time in three trading days, increasing the demand for rubber as a substitute for synthetic products. Shanghai natural rubber futures fell on the 13th. The main 1109 contract closed at 36,555 yuan/ton, down by 100 yuan. Hujiao bottomed out and recently had a certain support at 35,000. Natural rubber is hardly supported by fundamentals, but at the macro level, it does not provide the driving force for Hujiao's upward movement and the fundamental factors in the future are weakened. It is also difficult for Tianjiao to effectively break through the strength and successfully reverse. Plastics continued to fall overnight, crude oil rebounded, it is expected that short-term Hujiao will maintain the trend of large-range shocks, concerned about the stock market trends. In the domestic spot market, the market price of natural rubber in Hengshui District dropped slightly. The price of the local Yunnan state-owned all-latex rubber was 39,500 yuan/ton, and that of Thailand's No. 3 cigarette smoke was 38,900 yuan/ton (excluding tax). The natural rubber market in Shanghai fell slightly. The local state-owned Shandong all-latex offer is about 39,000 yuan/ton, and Vietnam's 3L rubber price is about 39,500 yuan/ton (13 tax). Water Cooled Type,Cooled Water Freezer,Cooled Water Chillers,Water-Cool Condenser Mfr Jiangsu Libang Electromechanical Equipment Co.,Ltd , https://www.liboncold.com