By four major factors supporting natural rubber is expected to continue technical rebound

Analysis showed that the four major factors supporting, the recent spate of rubber technical rebound is expected to continue.

Macro-surface warming. In addition to the relationship between supply and demand by the impact, Dong Jingjiao City as the world's rubber market indicator, has also been associated with the yen exchange rate --- the U.S. dollar, related species --- gold, crude oil market price trends.

Because of slowing global economic growth is expected to increase, the Federal Reserve in August and twice in a row in September to maintain interest rates unchanged 5.25 percent, which would be in the United States for two consecutive years in a row, after raising interest rates to maintain interest rates unchanged, which is expected to market the next FED An adjustment of interest rates will cut interest rates, while signs that the U.S. housing market slowdown, which also supports the next FED will cut interest rates. Affected by this, the U.S. dollar index down resistance. Stage weaker dollar, strong commodities Lee constitute more impact.

At the same time, weaker dollar led to the precious metals, crude oil rebounded, and other important industrial products expand this to include natural rubber and other commodities markets strong linkage.

Jiaojia period is upside down. Early in September rubber market low stage, the international and domestic rubber city is a view Jiaojia horizontal comparison showed a view to the situation upside down now, if taking into account the South-East Asia to Tokyo's transport insurance costs, Dong Jingjiao price of the contract period was significantly lower than in Southeast Asia Jiaojia spot areas; By the same token, if the home king to consider producing areas of Yunnan pin to the district's normal production and sales price, Hujiao the price of the contract period was significantly lower than the spot Jiaojia Jean-producing areas of Yunnan. This is mainly because the rubber side air market speculation down excessive funds, combined with over-producers and exporters to sell, leading to Dong Jingjiao Hujiao in a row and fell, fallen too far in a serious state of speculative short of funds recovered will of the bargain-profit initiative will To strengthen, so Jiaojia appear more likely a technical rebound.

Seasonal law. Early in October, the Southeast Asian rubber production areas will be the end of the season and into the two-month rainy season, facing Tapping more rain interference and obstruction, the same areas as the temperature gradually decreased, the domestic Jean-producing areas of Yunnan end of the initial two-year A few months of the season, tapping, tapping into the off-season. As a result, international and domestic rubber production will be completed stage by stage to the increasing decline of the conversion. Over the same period, tire companies will usher in the summer and fall seasons turn of the procurement of the peak, off-season rubber production and consumption phase superposition season, will significantly increase the rubber tire business-to-spot size of the source of procurement to promote Jiaojia years out of the low region .

IRCO will likely reduce the size of the export. In mid-September the International Rubber Organization (IRCO) has said that the need for stability in rubber prices, fell further Jiaojia, Thailand, Indonesia and Malaysia would be likely to gradually reduce exports in order to control the size of the market. In fact, the international organization represents the three major rubber producing countries plastic glue the interests of farmers planting rubber. Although so far, the International Rubber Organization has not yet decided what price restrictions on rubber exports, but the organization still reservations about the implementation of the agency, and may in the near future IRCO meeting of the rubber export restrictions on the size of a decision.

To sum up, gradually warming in the face of macroeconomic context, rubber market is upside down and the period of seasonal factors, may be prompted by the Jiaojia technical rebound into a stage of recovery, market outlook at home and abroad will continue to rebound Jiaojia , Were likely to challenge 250 yen and high resistance at 22,000 yuan.