Rubber continues to be low and treated as a range market in the short term

Fundamental news, the Tokyo Industrial Exchange (TOCOM) Japanese rubber index closed down 0.
93%
in the previous session.
Qingdao Free Trade Zone warehouse (RSS3, Thailand) natural rubber warehouse price increase of 1420 US dollars / ton; The spot market price of Yunnan SCRWF Shanghai rose from 9550 yuan / ton to 9750 yuan / ton, and since mid-to-late March, the spot price of rubber has continued to be below 10000 yuan / ton
.

Cooper Tire & Rubber will reportedly reopen its U.
S.
plant next week and expand its U.
S.
operations, including its plant in Findlay, Ohio, Clarksdale and Tupero, Mississippi, and Texas, Arkansas, with a capacity of 97,000 tires per day at full capacity; the Mexican plant that resumed work on April 13, which was requested to be closed by the Mexican government on April 28; and light crude oil futures for June delivery on the New York Mercantile Exchange (WTI 06 contract) on April 22-24 It closed on the rise for three consecutive trading days
.
Still, the contract posted its biggest weekly drop in history
.
Peripheral crude oil has continued to rebound recently, and the negative sentiment of negative oil prices in the early stage has been released
.

Overall, natural rubber is recommended to be treated
as a range market.
Today's rubber main contract RU2009 is mainly
volatile.
Operation suggestions: short-distance operation is the mainstay, which is approaching the May Day holiday, and it is not recommended to hold positions
during the holiday.