On November 11th, the rubber will be short-term or maintain a range of shocks

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Last Friday, the mainstream spot in the spot market in Jiangsu fell. The factory is stable in operation, and the overall operating rate is maintained at around 70%. However, due to the off-season effect of the market , the overall sales pressure is relatively high.  imported 500,000 tons of and synthetic (including latex) in October, a decrease of 8.42% from the previous month’s 546,000 tons. China’s total imports from January to October were 5.213 million tons, down 8.01% year-on-year. Technically, the price of rubber will be short-term or maintain a range of shocks. Operational recommendations: temporarily wait and see.

Translated by from http://www..org.cn/newsdetail/51625.html

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