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Rubber industry chain "cold" to differentiate
¡¾Close¡¿¡¾Visit£º2222¡¿¡¾Date£º2015-02-05¡¿¡¾Edit£ºJRI Technology Co., Limited ¡¿

Yesterday, HuJiao 1501 main contract rose sharply by 2.35%, in all varieties of the main contract were ranked second, the continuation of a rebound trend since September 25th. Analysts pointed out that the natural rubber prices have certain contribution to the upper gum growth in corporate profits, stock market A upstream concept stocks rebound to stabilize and this is related, but also will be a corresponding increase in the downstream tire enterprises such as the cost of raw materials. However, because of the round rubber price changes mainly by the policy surface the dominant factors, fundamental is not a fundamental change, so the stock period mapping may be only short-term phenomenon.

Rubber prices rebounded to nearly 10%

Nearly a month, long-term weakness rubber suddenly opened a market rebound. Since September 25 on stage low 11710 yuan / ton since, HuJiao continue to rebound. As of yesterday's close, HuJiao 1501 main contract closed at 13490 yuan / ton, a strong stand on the 5 day moving average. According to the China Securities newspaper reporter statistics, nearly 20 trading days HuJiao contract 1501 rose a total of about 10%.

Anxin futures analyst Hu Huaqian believes that the reason of this round of rebound HuJiao have four points. First, the main producing countries of Southeast Asia Baotuan heating led by Thailand, the joint intervention glue price. Second, Chinese re adjustment of the compound national standards, compound rubber rubber ratio from the previous 95%-99.5% down to 88%, good natural rubber market. Third, to accelerate the decline in China and Japanese natural rubber to inventory, inventory is relatively rapid, supporting glue price. Fourth, the external economic environment is stable in general, China's economic situation has not deteriorated further.

"In the falling process, glue price distortions spread before the basic return to a reasonable range, such as domestic composite glue and full latex prices has been basically flat water, energy market to continue selling the weakened. The main production of rubber in Southeast Asia gradually introduced to prop up the market and protect the price policy, especially the Thailand government subsidies of agricultural measures and measures for reconstruction of rubber glue stock once implemented, will good rubber market." China Merchants Securities analyst Wang Yanhui said.

It is reported that, since September, Southeast Asia country price moves frequently sik. In September 24th, the government of Thailand to postpone the sale of the remaining 100000 tons of China rubber storage inventory. Since October, the main production country in Southeast Asia Rubber Trade Association agreed to support the glue price measures, and calls for less than $1500 / ton to stop the sale of glue. Subsequently, the Malaysia and the government of Thailand through the rubber subsidies assistance program.

Market participants also pointed out, on the news surface, the domestic market began rubber Shouchu rumors; at the same time, composite gel state examination meeting of standard provisions in the composite rubber raw rubber of not more than 88%, to a certain extent, decreasing the adhesive to glue price cost price, the formation of more obvious positive support. Overall, the supply end positive frequent release is the main reason for this round of glue price rebound.