Natural rubber curtain opened seasonal rise

With the sub-loans to play down the crisis, global financial markets strong across the board, crude oil rose to 75 U.S. dollars / barrel and above, also rebounded strongly Dongjing Jiao, Hu Jiao seasonal rise gradually opened the curtain. Hu Jiao in the completion of the contract by 711 to 801 positions to move the transaction, the main contract has exceeded 20,000 yuan and take a firm line, which is expected to contract 2 will be the existence of a thousand dollars up space.

Macro side benefit show

In order to avoid the spread of subprime mortgage crisis, Federal Reserve Chairman made to appease investor sentiment, saying that the Federal Reserve will cut interest rates, including to take any measures to ease market crisis, Europe and the United States at the same time the central bank injected a large number of financial markets, which the United States to ease Weakness in the housing market, sub-loans to play down the crisis, global financial markets strong across the board, crude oil rose to above 73 U.S. dollars, Japanese yen exchange rate to stabilize at 116 in the vicinity of the global rubber price rise and take the early renewal of a small rise. Of these, three Thai South-East Asia spot market price of latex raw materials, the three countries on the 3rd and Yan Pianjiao 20 marked the spot rubber Jiaojia, Singapore rubber market, the international rubber market Qingdao 20 Standard rubber import costs and domestic Joan rubber-producing areas of Yunnan City China-made 5-round pick-up in price, only domestic sales areas to maintain Jiaojia consolidation, the city launched the world's rubber tapping season prices stage rebound.

International supply and demand to benefit

Thai rubber-producing areas are still in the seasonal peak, rainfall in August than in previous years, about the normal level of 100 mm, agricultural plastic glue to hold a large number of raw materials, supply expansion, inventory backlog, but the factories and exporters active procurement, Jiaojia raw materials to rise. Thailand in July exports 244,750 tons of rubber, 24,467 tons increase in June and July last year to increase 8706 tons. January-July total exports of 1,625,011 tons, the same period last year to reduce 24,233 tons. July will yield a view to enter. Indonesia due to the approach of plastic leaves, raw materials prices, Indonesia and rubber from Thailand, Malaysia Jiaojia narrow the spread, the majority of buyers to buy Indonesian rubber, plastic spot caused by Indonesia to reduce inventory, and Thailand, Malaysia rubber sales strong, anti - From 9-10 months in Thailand, Malaysia tight spot supply, prices and buyers to Indonesia by a large number of rubber procurement.

However, the Thai Department producing areas, although the peak season but had to suffer sustained rainfall climate into the production cycle, tapping a smooth, the increase in inventories, steady growth in volume of tapping season, and areas south of the equator from Indonesia in September to November period into the winter leaves, the middle class Area, including South Sumatra province, West Kalimantan and South Kalimantan province, Indonesia occupied the above-mentioned area of about 1 / 3 of the annual output of rubber, scholaris in the winter leaves, the rain stopped, the temperature rose, producing not only scholaris 1 / 3 of the latex. Processors, exporters selling plastic and rubber stocks weakened, large-scale cross-border procurement will of the tire manufacturers increased Jiaojia to go up again.

It should be noted that the last phase of the Singapore City 3 plastic glue on the 20th and plastic from 210 cents respectively kg and 200 cents / kg began to rise significantly increase rubber production over the country on the 3rd and 20 plastic or rubber Jiaojia, the Indonesia mainly due to the seasonal reduction in off-the-shelf, 3 and Yan Pianjiao glue on the 20th marked the three spot Jiaojia water, and return to Thailand were rational, the city of Dong Jingjiao 3 Jiaojia spot and the three rubber producing areas marked on the 20th glue , Singapore Jiaojia Jiaojia premium spot on the three smaller, long-term delivery is also narrowing the discount rate, producing plastic and rubber States Singapore traders Hard Trading in a Dream low, and consumer purchasing active bargain-hunting business, resulting in periodic Jiaojia Risen.

Jean-producing areas by the Yunnan to support Farm

Domestic rubber City, Hainan, Yunnan is still in production in the year tapping season, but Hard Trading in a Dream Farm strong mentality and join hands to support, Jiaojia regulation, to price convergence between the two cities, two plastic Guadan City, a small amount of growth in turnover Expansion. At present, the two cities nearly 100,000 tons inventories difficult to effectively release, the two cities 18600-18700 yuan cash into regional Jiaojia strong fluctuations. Despite Hainan, Yunnan and rubber-producing areas of the new market the size of supply in the year to reach a larger scale, supply pressure on the show, but due to severe land-reclamation Hard Trading in a Dream, trading tends to lead to gum recession and the volume of hard and effective magnification, Jiaojia trend reflects the difficult reality of supply and demand relationship More Farm reflect the mentality of Hard Trading in a Dream, and the market outlook will continue to maintain the linkage Hujiao up trend.

Consumption, the domestic tire companies to purchase rubber delivery in September, the National Day vacation to be completed before the stock to prevent the National Day period as a result of customs clearance can not, affect the delivery and tire production, which led to the September increase in the volume of imports of rubber and May be more than 200,000 tons level, the international city of plastic constitute a strong push up the role.

To sum up, to play down bad by the financial and usher in a season with plastic factors such as lido role in the global gum City continued unilateral risen, but the need to guard against is that the latter part of the financial market uncertainty, gum up the city still has the uncertainty Repeated changes in the characteristics and properties.