September 7 day, the rubber futures contract to maintain the 10,000 four lines on the oscillation, intraday fluctuations, but the amplitude is not strong, 8 days after the opening of the main contract to continue to remain in the vicinity of 14300, the upstream and downstream of the increase in the number of benefits, coupled with some of the reasons for the speculation of capital, resulting in the current rubber prices continue to be high, it is expected that the intraday 14300 will be sustained.
Fundamentals of the upstream view, natural factors lead to a slowdown in raw material output so that the spot price of rubber has been boosted, thus also affecting the change in futures prices. Domestic spot imports are also increasing, in addition to downstream demand will usher in the traditional peak season, tire starts continue to be high, orders are still available, the gum market back to the spot value of the strong and stable operation.
Demand ring improvement, the upstream benefit also continues to exist, natural rubber social inventory overall stabilized, natural rubber futures prices will not have a large change in the short term.