The hottest PMI index stimulated the rise of rubbe

The PMI index stimulated the rise of rubber

Rubber rose due to the unexpected higher than expected impact of China's PMI index. However, Bernanke no longer mentioned the third round of quantitative easing, but emphasized the pressure of economic downturn and dampened market optimism. Rubber is still not scarce. Southeast Asia is full of spot supply, and the price is still unable to leave 400 cents

crude oil contracts on the New York Mercantile futures exchange rose slightly in March. The energy information administration (EIA) under the U.S. Department of energy released an energy inventory report for the week ended February 24. U.S. crude oil inventories increased by 4.2 million barrels this week, an increase that exceeded analysts' previous expectations. The comments made by Ben Bernanke, chairman of the Federal Reserve, on how to make the change experimental machine work best and the general knowledge of the safety protection of the experimental machine, have weakened the market's expectations of the upcoming launch of a new round of quantitative easing measures. However, the U.S. government report showed that the GDP growth rate in the fourth quarter of last year was 3%, higher than the previous preliminary report of 2.8%, which made traders optimistic about the prospects of economic growth, which formed support for the crude oil futures market. The rise of crude oil will increase the cost of synthetic rubber, which is beneficial 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, it is cloudy in the north of the equator of Sumatra island, rainy in the south of the equator of Sumatra island and rainy in the south of Kalimantan island; China's production area, Hainan cloudy, Yunnan showers. At present, the weather will not have a significant impact on rubber production and transportation

in the Asian rubber market, the price tension machine tensile test was one of the most widely used methods to study the mechanical strength of materials on the previous trading day. The offer of Thai grade rubber is still very common, as some exporters sold heavily. A trader whose offer was at the low end of the range said that he had sold a lot recently because the offer was low. RSS3 of Thai No. 3 cigarette glue shipped in March/April was reported as cents per kilogram, and the previous transaction was reported as cents per kilogram. At the same time, the decarburization layer prediction model of experimental steel under high temperature conditions was established. On the 1st, the may contract of Shanghai natural rubber futures rose 0.84% in early trading. In other aspects, Federal Reserve Chairman Bernanke testified in Congress that the recent improvement in unemployment data has made the Federal Reserve more alert. The Federal Reserve is paying close attention to a series of economic data to be released, because there are differences in various economic signals recently, and updated information is needed to assess the fundamental recovery of the economy. Bernanke did not mention in his testimony that the improvement in the unemployment rate means an improvement in the future economic outlook. The Federal Reserve predicts that the unemployment rate will decline in 2012, but the rate of decline will be very slow. The U.S. job market is far from returning to normal. Members of the Federal Open Market Committee (FOMC) do not believe that the unemployment rate will fall further significantly in the rest of this year. The Federal Reserve also expects inflation to be 1% this year Between 8%, it will be lower than its target value of 2%. The Fed's comments are bad for commodity markets

on the whole, the commodity market is under pressure. The recent rebound is due to the European Central Bank's loan of more than 520 billion euros, and the market is eager to relax China's real estate policy. However, the loan of the European Central Bank may also indicate the tightness of the bank's capital situation, and China has not significantly relaxed its real estate regulation policy. In addition, Bernanke no longer mentioned the third round of quantitative easing, but emphasized the pressure of economic downturn and hit the market optimism. The external situation is slightly unfavorable to the rubber price. Affected by the rebound of crude oil, rubber rose intraday. China's PMI index was unexpectedly higher than expected, which also helped the rally. Nevertheless, rubber is still not scarce. Southeast Asia is full of spot supply, and the price is still unable to leave 400 cents. According to the prediction of the international rubber agency, the output will increase by 5% in 2012, but the demand is relatively backward. The rise of rubber is still difficult to sustain

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