Outer plate movements: the Tokyo Commodity Exchange (TOCOM) Benchmark glue slipped Thursday by the 10-month high the previous day to reach down to stop due to the yen depreciate potential, coupled with the lack of rubber fundamentals news prompted investors to take profits. TOCOM index period glue July contract settlement price per kilogram of 333.0 yen (3.6 dollars), compared with the previous day’s close down one yen, or 0.3%.
Domestic: the RU1309 contracts Shanghai rubber 8 fell the day the highest offer 27,225 yuan / ton, the lowest price of 26,705 yuan / ton late in the day to close at 27,200 yuan / ton, down 0.82% compared with the previous trading day, Masukura 2594 hands trading volume of 143,100 hands.
News: January imported 250,000 tons of natural rubber import 210,000 tons of natural rubber in December; 2, January imports of 143,210 tons of synthetic rubber, synthetic rubber imports 122,693 tons in November.
Spot: natural rubber market in Shanghai, the impact of continuous rise of the Spring Festival atmosphere and futures , businesses optimistic about the years after the market currently in封盘state, waiting for the recovery of the market in the years after the.
Summary view: Spanish Prime Minister is facing pressure to resign because of corruption, coupled with Italy will be held on February 24 presidential election, political uncertainty in Europe. The Thai rubber of deciduous period than the original advance, the Thai government to increase to five billion baht to continue to promote the rubber acquisition, positive on the price; Qingdao Bonded rubber stock again increase, Day glue inventory also in increasing trend, imports again increased, short-term suppression of rubber Uplink space. Technically, Shanghai rubber 1309 contract oscillation down, short-term test the 10-day moving average support, it is recommended that the 27,000 short selling transactions.
Translated by Google Translator from http://news.cria.org.cn/4/12896.html
