The hottest Tianjiao will still rise after falling

2022-08-12
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The decline of natural rubber is difficult, and it will still fluctuate and rise.

due to the widespread rainfall at home and abroad this year, and the impact of early diseases and disastrous weather on the main domestic production areas, the output has decreased to a certain extent compared with the same period last year. As a result, the price of natural rubber at home and abroad has been rising in the early stage. Recently, although the overall output has increased to a certain extent for the convenience of oil cooling, due to the rise of crude oil and low inventory, the price of natural rubber will not fall sharply, but will still rise violently

according to the monitoring of the Bureau of agricultural reclamation of the Ministry of agriculture (the office of the Ministry of agriculture for the development of subtropical crops), in June 2008, the spot price of domestic No. 5 standard glue (s the fixture should not cause the sample to break at the fixture Cr5) followed the trend of foreign spot price, rising rapidly at the beginning of the month and fluctuating at the end of the month. Production and marketing transactions between the two places are active, and the trading volume has increased slightly in recent days. It is expected that the domestic natural rubber price will still fluctuate and rise in the high price region in the future

according to the news on July 11 in Tokyo, TOCOM rubber futures closed higher at noon on Friday, but left the high point. Traders said that the rebound in crude oil encouraged investors to buy, and the bullish spot market price also provided further support. Traders added that if there is no new news, the market is expected to encounter resistance at 345 yen in the near future due to improved weather conditions and increased supply in major rubber producing countries. The benchmark RSS3 contract in December rose 6.4 yen to 342.2 yen per metric ton in midday trading, "Galen said

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