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Oct 31, 2008

Rubber may be due to the impact of crude oil to start technical adjustment band

Rubber having to be concerned about tight crude oil trends, as crude oil to the current juncture, the main force in February in support of measuring 60.6, 57.7 test will be if Powei line. Dong Jingjiao 238.5-241 test yesterday, is up Nanduan breakthrough after breakthrough in the area of 252 goals for the next line should have a larger band Jiangya corresponding adjustment, combined with the trend of crude oil should be more than just profit in 239.5, the market outlook may look Adjust the band to start. Hu Jiao breakthrough in the last 19,850 test 20,000 to suppress, small species Bicang really hard to grasp the short-term market. Because of the uncertainty of the rise of crude oil coupled with rubber Bicang, below the proposed 19,850 more than the center line just after the surplus to leave the radical will be able to stop the line for the short-short days, waiting for the effective regulation of the opportunity to buy.

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