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Weekly Rubber Market Snapshot

By:admin     Updated:2015-03-11 14:45:36
Physical  markets in Asia followed a downward movement of  markets in Asia, especially  and Shanghai , which were mainly weighed down by weak  sentiment and weak investor’s confidence amid natural rubber (NR) supply tightness as rubber trees are shedding leaves in the dry wintering season and NR demand from the auto and rubber glove industries remained steady in particular.

img_54ffc6861b363Under the current perception of investors on rubber futures, most of them still take short positions as they put more weigh on rubber market sentiment and fresh daily incoming non-rubber news and reports instead of taking rubber market fundamentals into account.

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