Little change in current levels of natural rubber supply and demand, the supply is still abundant, Hujiao stock has exceeded 100,000 tons mark January domestic smoked rubber tariff cut will stimulate smoked rubber imports, as the subject of a deliverable its onThe futures price formation pressure; rather the downstream tire enterprises stocking is not a lot of swing, these two points negative factors as a drag on the spot price. But at the same time in January more than in previous years, the period of seasonal rise, natural rubber trend of more tangled. Light, natural rubber supply and demand side news lack of directionality guidelines, prices mainly by the impact of the overall market sentiment. Last week, natural rubber prices bottoming out, but still subject to the 26,000 mark pressure, is expected this week, the market finished lower main.
Weekly strategy, we give the following suggestions:
1. Is expected next week, rubber prices finished lower probability of short-term rubber or remain in the 25500-26500 range main shock, short-term not recommended.
2. Midline operation still see more rubber, the market outlook is at 25500 below to try to do more than rubber stop 25,000.
Translated by Google Translator from http://news.cria.org.cn/4/12639.html
