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    Home > Chemicals Industry > New Chemical Materials > Supply and demand tend to be loose Rubber futures prices fell back from a high level

    Supply and demand tend to be loose Rubber futures prices fell back from a high level

    • Last Update: 2022-12-20
    • Source: Internet
    • Author: User
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    On Friday, rubber fell weakly and fell more than 500 points to close at 14740 long black candlestick
    .
    The weather at home and abroad gradually improved, and the early supply concerns gradually eased; Demand concerns have increased, supply and demand tend to be loose, and rubber futures prices have fallen
    back from high levels.

    rubber

    At present, the supply of Hainan production area is sufficient, and the factory has resumed operation
    one after another.
    Global coronavirus worries have been bearish
    for prices from the demand side.
    Fundamental supply and demand gradually tend to be loose, and weaker spot prices are a drag
    on futures prices.

    In terms of the market, the price of raw materials in Hainan fell sharply, concentrated milk raw materials and whole milk raw materials fell to 13,000 yuan, and the cumulative price of concentrated milk raw materials fell to 7,000 yuan, the side reflected that after the weather factor speculation faded, the overall situation of raw materials was not in short supply, and the excessive spot price also suppressed actual consumption
    .

    Yunnan has good weather, high rubber tapping profits, increased production capacity release, is still in the expensive stage, too high premium is the main problem, short-term trend continues to fall
    .

    Rubber 2101 contract, rubber high into a violent band wash stage market, later is expected to continue the adjustment and decline stage, green pine talk recommended rubber rush 14840-15020 range in batches into the short order strategy, short-term attention to 14640 and 14560 take profit protection, medium and long-term with good profit protection to hold amplified profits
    .

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