On December 9, the hottest day, the bad situation

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Rubber daily review on December 9: the bad situation was not relieved. Shanghai Rubber closed sharply again.

on December 9, Shanghai natural rubber futures fell sharply. The main 1003 contract jumped short and opened low. The futures price fell below the integer figure of 22000 yuan/ton. It fluctuated between the 10 th and 20 th moving averages and reduced its position and volume. The 1003 contract opened at 21850 yuan/ton and closed at 21710 yuan/ton, down 495 yuan/ton compared with the settlement price on December 8. The trading volume was 549032 hands and the position was 134128 hands

in the short term, the further weakening of the US dollar and its strong short-term performance will drag down the correction of the commodity market. After hitting new highs in recent years, Tokyo rubber fell sharply under the pressure of profit taking, and Shanghai rubber was shocked and corrected by this. In addition, the domestic rubber inventory is high, and the tight spot supply situation is improved. Therefore, the short-term internal material of Shanghai Rubber continues the trend of callback and consolidation

in terms of Japanese rubber, the rubber futures market of the Tokyo industrial products exchange (TOCOM) continued to fall in early trading on Wednesday, pressured by profit taking, as the rainfall slowed down and the supply of main planting areas increased. A broker in Tokyo said that the market had been overbought for several weeks, and the correction came too late. Most traders expect the price to hover around 255 yen per kilogram on the 9th. RSS3 contract in benchmark may opened slightly lower in early trading, and the futures price continued to fluctuate downward. As of December Beijing time, all materials within 30000N could be stretched, tightened, zigzagged, stripped of high-performance functional materials, material testing enterprises, punctured and other experiments. At 15:00 a.m. on December 9, it was reported as 254.8 yen/kg, down 5.6 yen from the closing price on December 8

in terms of production areas, the association of natural rubber producing countries (ANRPC) said on the 8th that the output of the main natural rubber producing areas from January to September 2009 is expected to be 5.6 million tons, a decrease of 8.3% compared with the same period in 2008. However, Indonesia is not included in the estimate. During the safety protection period during the experiment process in 2009, Indonesia's natural rubber output is expected to be 1.77 million tons, a year-on-year decrease of 6%. Analysts said that when the October and November data are included, the production may be significantly lower than that in the same period of 2008, because the rainfall in Thailand and Malaysia and the dry weather in Indonesia have damaged the production. During the month of 2009, Thailand's natural rubber and various production enterprises took measures to reduce production capacity and stabilize prices. The output decreased by 9% to 2.1 million tons compared with the same period in 2008, while India's output decreased by 11% to 537000 tons year-on-year. During the same period, Malaysia's output decreased by 27% to 641300 tons compared with the same period in 2008

in addition, the China Automobile Industry Association released the latest statistics on the 8th. In November, domestic automobile production and sales continued to grow rapidly, breaking the monthly historical record. In June, the cumulative production and sales of both vehicles exceeded 12.2 million, and will steadily exceed 13million during the year, reaching the best level in history

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