Rubber is treated with a range-rebound market or maintained on the strong side

Fundamental news, in the last session, the Tokyo Industrial Products Exchange (TOCOM) closed up 0.
79%.

Qingdao Free Trade Zone warehouse (RSS3, Thailand) natural rubber warehouse price increased by 1390 US dollars / ton; The spot market price of Yunnan SCRWF Shanghai is 10,150 yuan / ton, and it has regained more than
10,000 yuan / ton.

According to data released by the European Automobile Manufacturers Association (ACEA), in April this year, the European passenger car market new car sales fell by 78.
3% year-on-year, and all European car market sales showed double-digit declines, with Italy, the United Kingdom and Spain showing the largest declines, 97.
6%, 97.
3% and 96.
5%
respectively.
Among the other mainstream markets, sales in Germany fell slightly less at 61.
1%, while French car sales contracted
by 88.
8%.
The decline in European car sales in April was wider than in March, but the impact of the epidemic in most European countries gradually decreased in May, and car sales may improve in the later period
.

Crude oil has rebounded sharply recently, and as crude oil stabilizes, synthetic rubber prices will recover, reducing the drag on natural rubber
.

The Third Session of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC) was held in Beijing today, injecting policy expectations
into the market.

On the whole, natural rubber is still treated as a range rebound market, and it may maintain a strong market in recent days, and today's main rubber contract RU2009 is mainly
volatile.
Operation suggestions: short-term operation-based, early long positions to continue, activist investors can light positions to bargain long, pay attention to set stop loss
.