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    Home > Chemicals Industry > New Chemical Materials > Natural rubber may be dominated by strong oscillations

    Natural rubber may be dominated by strong oscillations

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    Rubber RU2101 closed at 12350 on the last trading day before the holiday, closing down 2.
    18%, with holdings reduced
    due to the approaching holiday.

    rubber

    Fundamental news, during the holiday, the Tokyo Industrial Products Exchange (TOCOM) rose more than
    2%.
    Qingdao Free Trade Zone warehouse (RSS3, Thailand) natural rubber warehouse raised the price of 1950 US dollars / ton, the high point in the past three years, Yunnan SCRWF Shanghai spot market price from 12025 yuan / ton to 11975 yuan / ton, a slight decline, spot price support is still strong
    .

    U.
    S.
    crude oil futures closed up $1.
    32, or 3.
    3%, at $41.
    27 per barrel on October 8, supported by the shutdown before the U.
    S.
    Gulf Storm and possible production cuts by Saudi Arabia and Norway, and U.
    S.
    oil closed up more than 3%.

    Overall, during the holiday period to the epidemic changes, less fundamental news, due to the influence of the external disk, domestic natural rubber opening or to the shock pattern is dominant, because of the Friday opening day connected to the weekend, the operation is recommended to wait and see or more short difference operation
    .

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