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Oct 30, 2008

Natural rubber prices are four major factors that affect the popularity

Back to boost oil prices rose Jiaojia

Crude oil reserves as a result of the release of their limited size, growth in consumer demand, oil and the hurricane season will be on the oil-producing areas of damage and other factors, international oil prices is likely to rise, resulting in strong price Synthetic maintain premium prices for natural rubber To promote natural rubber prices.

International Rubber City Qiangshibugai

Indonesia has become a net importer of crude oil, plus depreciation of the rupiah against the U.S. dollar, natural rubber consumer countries to increase procurement of plastic the size of Indonesia so that Indonesia Jiaojia rising. As the off-season tapping Indonesia, the supply of natural rubber phase of tension, leading to the city of Indonesia rubber price Huojin Yang, SIR20 Jiaojia producing areas remained at 160 cents / kg.

Thailand is still volatile political situation in the south, tapping the normal operations can not be carried out, Thai rubber supply, causing serious impacts on the global balance of supply and demand of natural rubber. RSS3 spot Jiaojia producing areas in the maintenance of 172 cents / kg high.

Back up oil prices and the Fed raising interest rates on Dong Jingjiao constitute a trend to promote more than double profits, but the early high of heavy resistance, Dong Jingjiao near the long-term contracts fell across the board, but the September contract price is still 190 yen / kg and the contracts were presented Near-poor against the lofty low-order situation, price of the contract period to maintain the production of premium Jiaojia.

Serious damage to areas in Hainan

David Hainan part of the scholaris caused by the typhoon destroyed, the supply of natural rubber is facing re-stage tension, which will increase the production trend of natural rubber producing areas. 27 Joan Yunnan respectively, the two cities offer rose to 16,807 yuan and 16,815 yuan, the emergence of volume equal to the amount of Guadan strong characteristics, so that Jiaojia rose sharply.

Hu Jiao firm pressure

Hu Jiao nearly a view to long-term contract price of a low near-poor are far from high-order situation, the contract RU510 and RU511 positions gradually reduced to around 10,000 in hand, is set to bear the pressure of RU601 main contract period RU511 premium price hikes, will also suffer Is set to cast the role of pressure. Nearly all of the long-term contract, the firm offer more heavy pressure.

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