This Wednesday, rubber 1505 main contract rose 2.26%, to become the leader in the commodity market. The review of the previous 9 trading days, whether it is day glue or HuJiao all walk of a wave of market rebound, the HuJiao main contract risen 7.2% on glue, the main contract rose nearly 3%.
Analysts accept China Securities newspaper interview that the recent price trend is strong, the rubber, the main source in Thailand continued to receive credit policy tilt glue and authorities. From the fundamental point of view, because the rubber prices continued to slump, plastic agricultural crop failure, but the rate cut is not big, is expected in the capacity to incomplete case, the next few years the world's rubber production down speed will be very slow. The short term, in the suppression of the downstream demand is weak, glue price strong power is not enough, this round of the rebound material as "flower briefly as the broad-leaved epiphyllum".
The favorable policies to boost the rebound
The former Thailand Rubber Association president announces 26 days, will hold a meeting this month 30 days, to negotiate and summary recommendations submitted to the government, asking the government to solve the problem of party say without mincing words rubber farmers, maintenance of rubber farmers rights and interests. The Association believes that, after the Deputy Prime Minister and interior minister said glue price can rise to 80 baht / kg, and the current local rubber prices are still 40-50 baht / kg.
"Because the Thailand government is expected to be intervention glue price, futures market according to the anticipated response, so the main reason for this wave of reaction concentrated in supply is expected to." CITIC futures researcher Tong Changzheng told reporters, spot volatility is not so strong.
Yesterday disk shows, rubber 1505 main contract rose concussion, hit 13445 yuan / ton, the close of 13320 yuan / ton, up 295 yuan; at the same time, the Tokyo Asia rubber futures up 1.8%, the main newspaper 200.9 yen per kilogram.
Baocheng futures researcher Chen Dong points out further, continued to receive credit policy tilt glue and authorities in Thailand, since January the overseas tobacco sheet prices continued falling prices. Because of the current domestic stop cutting period, the whole latex prices strong, and in mid February will usher in the low season in Southeast Asia, smoke sheet supply and nervous, for delivery of the subject matter that HuJiao futures since early last week will be transferred to the strong side mode.