The hottest Liquidity Expansion attracts rubber bu

2022-10-20
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Liquidity Expansion attracted rubber buyers

the Shanghai municipal government denied the relaxation of the second home purchase policy, and the market was not optimistic about the effect of the loan issued by the European Central Bank. However, liquidity is still expanding, and the world will still resume the cycle of interest rate cuts. It is expected that China's rubber demand will rise, and the downturn in spot demand may change, so investors buy Rubber contracts

crude oil contracts on the New York Mercantile futures exchange fell sharply in March. Investors continue to take profits. In recent trading days, crude oil and refined oil futures have reached overbought status. Last weekend, the group of 20 (G20) warned that global growth was at risk in the case of high oil prices, triggering a market decline. The survey showed that U.S. crude oil and gasoline inventories may increase last week, which also put pressure on crude oil futures. Concerns about the interruption of crude oil supply in Iraq are also declining. Earlier, the foreign minister of Iran requested more dialogue with the nuclear monitoring agency at a meeting held in Geneva, which jointly constituted a huge market country, saying that the production of nuclear weapons was a criminal act. The decline of crude oil will reduce the cost of synthetic rubber, which is unfavorable to the natural rubber market

weather conditions, natural rubber production area in Thailand, cloudy in central and northern Thailand, cloudy in southern Thailand; In Malaysia, there is rain in the south of the Malay Peninsula and in the north of Kalimantan island; In Indonesia, there is rain in the north of the equator of Sumatra island, in the south of the equator of Sumatra island, and in the south of Kalimantan island; China's production area, Hainan sunny, Yunnan cloudy. At present, the weather will not have a significant impact on rubber production and transportation

in the Asian rubber market, prices rose and fell in the previous trading day. Thai rubber was traded in a wide range, and at least one exporter actively sold it. RSS3 of Thai No. 3 cigarette glue shipped in March/April was quoted at US cents per kilogram, compared with us cents per kilogram in the previous transaction. On the 29th, the official FOB quotation of Malaysia standard rubber SMR20 in March remained stable in the morning, and the contract of Shanghai natural rubber futures in May rose 1.07% in the morning

in other respects, Portuguese finance minister Gaspar said that his country had passed the third aid assessment of EU and IMF lenders, and said that the current account deficit in 2011 was lower than the target of 2012. Gaspar said: Although the economic outlook is not very clear, the assessment still achieved positive results. Lenders will propose to disburse € 14.6 billion in loans. He pointed out that Portugal's gross domestic product (GDP) is expected to shrink by 3.3% in 2012. The deepening contraction in 2012 is due to the deterioration of the European outlook. Portugal will achieve the goal of reducing the budget deficit/gdp ratio to 4.5% in 2012. Whether Portugal can return to the bond market in 2013 depends on the completion of the aid terms. The Portuguese government does not seek further aid funds, which is beneficial to the capital market

on the whole, the commodity market is still under pressure. The Shanghai municipal government denied the relaxation of the second home purchase policy, and the market was not optimistic about the effect of the loan issued by the European Central Bank. However, liquidity is still expanding, and the world will still resume the cycle of interest rate cuts. According to the CBRC, credit may be relaxed for local construction projects, which is also beneficial to the market, and short-term commodities refuse to fall further. The peripheral market has little pressure on rubber prices. Rubber prices continued to rebound, although crude oil prices fell. It is expected that China's rubber demand, developed countries such as the United States, Japan and South Korea have already listed graphite as a strategic resource for reserve, and the demand will rise. The downturn in spot demand may change, so investors buy Rubber contracts. At present, the Southeast Asian production area is in the period of stopping cutting, and the inventory is slowly digested, but it is not enough to promote the rapid rise of the functional characteristics of the anchor fatigue testing machine. Thai rubber prices still need to test the support of 400 cents

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