日经中文网·2025-06-13 06:40Group 1 - The international price of natural rubber has been hovering near a low point not seen in 1 year and 4 months, particularly influenced by price competition in the electric vehicle (EV) and plug-in hybrid vehicle (PHV) markets in China [1][2] - BYD has announced price cuts of up to 34% on its main brand's 22 models, leading to concerns about potential price competition in the automotive market, which is contributing to the downward pressure on natural rubber prices [2][3] - In the U.S., new car sales growth has significantly slowed, with a 1.4% increase in May compared to higher growth rates in previous months, indicating a potential end to the rush for purchases [3] Group 2 - The demand for natural rubber, primarily used in tires, is showing signs of decline, with approximately 70% of its usage in the automotive sector, reflecting a slowdown in the automotive market [1][2] - The Shanghai Futures Exchange's natural rubber futures dropped below 13,300 yuan per ton, marking the lowest level since February 2024, driven by expectations of price declines in EVs and PHVs [2] - The supply of natural rubber is expected to increase as the production period begins after the reduction phase, which may further exert downward pressure on prices [3]