Analysis of the natural rubber market

Natural rubber prices continued to back yesterday, and this has been to accelerate the callback, which makes short-term trend of natural rubber has been bad. Although yesterday's back and there are no substantive changes in the price of short-term upward trend, the average system is still showing a long array, but prices have fallen below the average short-term, and K have emerged line entity in the long Line, together with the transaction And to enlarge the volume of positions Jiancang, which makes up the price of short-term loss of the basic driving force.

Intraday trend to stabilize the price level after the opening, some pre-Chonggao, but not the rate, followed by a steady price decline, after the morning trading below the low, and down further to accelerate the final closing low of the day in the vicinity. Chart from the point of view, last week Tiaokong the gap is still maintained, it will price the callback to provide the essential support from short-term market outlook may be strong into the trend of high Oscillation platform, regional -13700 yuan for 14,200 yuan.

From the bets, short-term loss of strength after the short and there is no energy. As the fundamentals of the natural rubber is still more to spot tight supply situation has not eased, but the international price of crude oil continues to show significant strength, these factors will support the stability of the prices of natural rubber in the high platform. Operation from the point of view, the proposed long positions and wait for the price drop.