Thursday , Rubber on domestic and foreign markets many negative factors to suppress the role Shanghai rubber deep setback, the main reason is as follows:
Fed Minutes of the monetary policy meeting on January 29 to 30 in the 20th. The minutes show that the number of Fed governor, said at the meeting, the line should be well adjusted the size of its monthly purchase of a $ 85 billion bond program. The minutes showed that the Fed governor in the debate on the risks and benefits of the introduction of further “quantitative easing” measures. The number of directors stressed that, as a response to the economic outlook changed, or based on the assessment made of the effectiveness and cost of the asset purchase program, the Federal Open Market Committee (FOMC) should be prepared to adjust the purchase plan-scale preparations. Federal Reserve Chairman Ben – Bernanke reiterated many times previously, in the job market in the United States before the significant improvement in the unemployment rate fell to a specific level, the bank would continue to implement its asset purchase program. But the minutes show that this view, the Fed governor internal differences. The number of directors pointed out that the Federal Reserve may need to terminate the plan in advance; and other governing warned that time is not ripe for withdrawal of economic stimulus measures. Market expectations of Fed quantitative easing monetary policy to be launched, which led to the U.S. dollar rose in turn constitute a negative influence on the natural rubber.The the FD I data released by the Commerce Department on the 20th January of this year, the new foreign-invested enterprises in 1883, a year-on-year growth of 34.3%; actual use of foreign investment of $ 9.27 billion, a year-on-year decline of 7.3%. Thus, natural rubber constitutes bearish.
20, 2009, Premier Wen Jiabao of the State Council presided over the convening of the current government, the last time the State Council executive meeting, study and plan to continue to do a good job in the real estate market regulation. The meeting pointed out that China is in a period of rapid development of urbanization, the tension pattern of the the hotspot city and the central city housing supply and demand is difficult to fundamentally change the short-term, to support user demand, suppress speculative investment buyers must adhere to a basic policy of the real estate market regulation. To maintain the continuity and stability of policy, strict implementation and improve relevant measures to promote stable and healthy development of the real estate market. The meeting called to further improve the housing supply system and improve the mechanism of the operation and regulation of the real estate market and speed up the formation of a long-term mechanism to guide the healthy development of the real estate market. Work responsibility system, improve the stability of prices, resolutely curb speculative investment buyers, to increase ordinary commodity housing and land supply, to speed up the planning and construction of affordable housing projects, strengthen market supervision, and thus suppress the role of natural rubber constitutes bad.
Therefore, the the above negative impact, Shanghai rubber downtrend will continue.
Translated by Google Translator from http://market.cria.org.cn/20/12991.html