The hottest inventory rise and demand decline are

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Rising inventory and declining demand cooling and solidification of molten materials after filling are detrimental to the rubber market

Shanghai natural rubber futures contract fell 4.18% in early trading on January 18. The German finance minister denied that Germany and France would be able to quickly rescue the European debt crisis and dampen market confidence. The recent lack of Chinese procurement in the Asian spot market and the rise of Japanese inventories have put pressure on the spot market, and the long-term sluggish demand may suggest that the weak situation will not disappear in the short term

on the 17th, the November crude oil contract on the New York Mercantile futures exchange closed down $0.42, or 0.48%, at $86.38 a barrel. The Bundesbank said that the economic outlook for Germany later this year and early next year has further deteriorated. The bank said that enterprises have lowered their expectations again, and the number of new orders received has decreased significantly. The German finance minister said that the European government would not propose a final solution to the regional debt crisis at the summit, further undermining the confidence of the market. The Federal Reserve Bank of New York manufacturing index in October (1115.515, -33.78, -2.94%) was negative 8.48, slightly higher than the previous month, which failed to support the market. The decline of crude oil will reduce the cost of synthetic rubber, which is unfavorable 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, there is rain in the north of the equator of Sumatra island, cloudy in the south of the equator of Sumatra island, and rain in the south of Kalimantan island; China's production area, Hainan is cloudy, Yunnan is light rain. The recent weather in Thailand has a certain impact on rubber cutting production and transportation. 1. How to install concrete pressure testing machine

the price rose in the Asian spot market the previous trading day. A broker in Singapore said that Chinese demand slowed down due to high inventories. China is the world's largest consumer and importer of rubber. He added that most of the current market demand may come from Europe. RSS3 of Thai No.3 cigarette glue shipped in November/December is quoted at US cents per kilogram. On the 18th, the official FOB quotation of Malaysian standard glue SMR20 in November fell slightly in the morning

in other aspects, the data released by the Japan Rubber Trade Association showed that the total inventory of natural rubber in Japan was 12000 tons as of October 10, an increase of 6% compared with the estimate on September 30. Vietnam Rubber Association said that the estimated net rubber export volume of Vietnam this year was raised to 10000 tons, and the planting area of rubber trees increased due to the increase of production. The delay of rainfall season compared with previous years does not affect latex production, and there is usually not much rainfall for loading experiments at a constant rate after the wet season. The comparison of the two data shows to some extent that the supply and demand situation is becoming more relaxed, which is detrimental to rubber prices

on the whole, the commodity market is facing great pressure. The market waited for Germany and France to announce important measures to save the European debt crisis, but the German finance minister denied the possibility. European debt cannot be solved in the short term, that is, the resulting economic downturn will continue for a long time. Although the auction of treasury bonds in some European countries is slightly stable, the next situation may return to turbulence. China's increase in housing loan interest rates also sharply lowered expectations for loose monetary policy. Market confidence was frustrated and the commodity market fell. The external situation is unfavorable to the rubber market. The recent rainfall in Thailand and Hainan, China has led to a rebound, but in the spot market, optimism soon turned calm and cautious. Chinese purchases were light, while Japanese inventories continued to rise. Traders said that most transactions came from European customers. This is an unfavorable signal. Perhaps the current price is too high relative to the economic situation

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