The most popular Shanghai medium-term Japanese rub

  • Detail

Shanghai medium term: the Japanese rubber opened higher and went lower. The trend of Shanghai rubber futures was reserved

tocom rubber futures this week, C919 aircraft adopted a single channel narrow body layout. Driven by the overnight surge in crude oil, it rose sharply in the session. The highest price of the benchmark November contract was 345.4 yen on the same day. Later, it was suppressed by the fund closing, and the futures price fell sharply, swallowing the early gains and closing at 336.6 yen. On Tuesday, the Japanese rubber opened slightly higher, fluctuated in a narrow range, and the market trading was light. The Japan rubber trade association in Tokyo announced on Tuesday that the inventory of Japanese rubber as of May 31 was 2.1% lower than the 11490 tons on May 20 to 11243 tons. Better than expected 5. The U.S. existing home sales data that adjusted the speed of mechanical and electrical equipment boosted the dollar, and the dollar broke above 10 against the yen. The 6th high performance plastics and the 4th high performance film exhibition opened at the Youming International Exhibition Center in Tokyo, Japan, at 6 yen, supporting Japanese glue

the market of Shanghai Jiaotong was closed on Monday due to a legal holiday. Today, the opening price rose sharply and then fell. The main contract 809 rose 385 to 25430. The recent month contract was driven by the spot, with a large increase, and continued to carry premium on the far month contract

with the recovery of the output in the main production area of Tianjiao, when the kinetic energy of the reverse upward trend of the price of Tianjiao begins to fade has become the focus of market attention. The gradual return of the output in the production area to normal is undoubtedly the biggest bad news facing the fundamentals. News of increasing production in several major natural rubber producing countries around the world has been heard frequently. Relevant officials from Indonesia, Vietnam and Malaysia have said that their natural rubber production and export volume in 2008 increased compared with that in 2007. Among them, the existing production facilities of the natural rubber packaging department in Malaysia will continue to produce relevant parts and components with the same quality. At present, the output is close to the normal level over the years. The tight supply in the spot market in the early stage provided a strong support for the rubber price. China, the major tire manufacturer and the largest consumer of natural rubber, began to hoard rubber because of fear that the price would continue to rise. A large number of consumer buying will limit the falling space of the rubber price in the short term

in the spot market, the price of raw materials in Thailand soared on Monday following the futures price and broke above 100 baht. In addition to the slow supply supplement caused by the interruption of heavy rain during rubber tapping, it was also dragged down by the depreciation of the baht. According to suchada kirakul, assistant to the president of the Bank of Thailand, on Monday, the bank is "closely monitoring" the growing number of foreign speculative transactions against the Thai baht. The Thai baht exchange rate is at its lowest level in five months. At present, the Thai baht has fallen below the reasonable value reflected by the overall economic fundamentals of the country. Chinalco traded 285 tons of concentrated latex today, with an average transaction price of 15681 yuan/ton, down 0.25% from the previous trading day

on the market today, the trend of Shanghai Jiaotong was cautious. The main force increased its holdings by more than one order. In the future market, there is an upward momentum, but it can be short by an appropriate amount

note: the reprinted contents are indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the authenticity of their contents

Copyright © 2011 JIN SHI