One of the decisions the rubber market prices of the underlying factors, that the major international and domestic rubber market, and contrast the situation on the downstream industry chain pricing. Regulatory measures with rubber largest supplier Shi Dong rubber market price and production cuts have effect on the digestion and absorption, rubber ASEAN trading platform and gradually surfaced.
It reported that Thailand will be invited Vietnam to join ASEAN rubber trading platform. At present, Thailand, Malaysia and Indonesia have agreed to set up a rubber trading platform. In addition to Vietnam, the platform will be invited to Laos, Cambodia and Myanmar to join. Rubber production in the seven countries account for about 70 percent of the world’s rubber output. Since the import market compete to lower prices, rubber prices continued to decline in recent years. After the establishment of the ASEAN Rubber trading platform, it will help ASEAN countries managed 7 rubber prices.
Analysts believe that ASEAN was established rubber trading platform is still more than a year of time, but the establishment of the rubber trading platform as well as future operation, all the world’s natural rubber market structure will have a major impact. However, the possibility of obtaining the rubber trading platform global rubber market pricing will be small.
Guidance from the price of the trading platform analysis, since the Trading Platform by the main producing countries to create, tilt producing countries will benefit its trading rules, settlement systems and other market operation techniques and the like, but the price needs to volume with, too States need to be recognized with plastic.
From the long and short sides of the trading platform of power analysis, one is China, the United States, Japan, the eurozone, India and other countries and regions of the world with plastic, the other is the seven large natural rubber producing countries, representatives of the main producing country, natural rubber prices mainly based on supply and demand and trends and fluctuations in relative terms, if the transaction is merely a rubber spot trading platform, rather than rubber futures or forward transactions, the trading of the rubber trade represents only time changes in supply and demand, and may not reflect the long-term future of rubber supply and demand relationship.
In summary, as the trading platforms represent only rubber supply and demand at the time, and may not reflect long-term supply and demand of rubber, therefore, the rubber trading platform is difficult to really get the global rubber market pricing, therefore, the price is still trading platform the price will be the role and impact Hujiao, Dongjing Jiao, glue and other Singapore exchange market, global natural rubber market prices relatively weak role and influence, only weak spot prices play role in the guidelines.
Translated by Google Translator from http://news.cria.org.cn/5/27314.html
