Rubber Index April 8 to 702 points, an increase of five points from the previous day, the highest point in the cycle compared with 1129 points (2012-03-05) fell by 37.82% compared to March 20, 2014 the lowest point of 681 points up 3.08 percent. (Note: The period refers 2011-12-01 far).
Slightly higher natural rubber, nitrile benefit from the factory price increases, followed by a sharp rise in the market, the business community monitoring data show that on April 8 nitrile rubber goods index was 76.65, representing an increase of 2.12 points, the highest point in the cycle compared to 104.40 Point (2012-10-14) fell 26.58%, compared to 13 March 2014 the lowest point of 73.94 points, up 3.67 percent. (Note: The period refers to the date 2012-09-01), rubber forum index continued to rise. But there is still no significant improvement in downstream demand.
Overall, other varieties of styrene-butadiene rubber, butadiene rubber is still weak, and butadiene rubber market has been upside down, the market outlook still doubts, shipping motivation enhancement, profit sharing rate is widening, the downstream demand tepid, keeping demand procurement strategy, and abundant supply of domestic synthetic rubber producers, analysts expect the rebound rubber area is limited, short-term market or to maintain the correction.
Translated by Google Translator from http://news.cria.org.cn/4/20131.html
