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Recently, crude oil and other corrections have been retreated amid fresh. Rubber has fallen by a large margin and remains the weakest breed. After the rubber oscillates to the lower edge of the box, choose to continue to break down instead of rebounding. A large number of technology traders will start trading on the new downtrend.
But the rubber industry people don't have to be too pessimistic. Thailand`s production cuts have not been priced. The price of 11,000 tons will make the industry less motivated, and further reduction may occur. After receiving the goods on November 15, the bulls have a lot of momentum to go up. At present, traders have done more to try to do more stock. The value ratio of futures is also gradually increasing.
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.