The car with the old change of the new rules of Shanghai Rubber Futures reproduced volume on the attack

Source: Internet
Author: User
Keywords Governor Glue Shanghai rubber rubber price futures analyst
Each reporter Zhang Hao recently, the relevant departments jointly issued the "car to replace the new implementation measures", the introduction of the method to stimulate the performance of the Shanghai gum Market yesterday, in addition to crude oil to stabilize and Japan glue benchmark contract breakthrough 160 yen resistance, but also for the market to provide a long atmosphere.  Yesterday, Shanghai Rubber main 0911 contract higher than 15545 yuan, soon strong up to 15815 yuan near, the price shocks rise, the final Rose 3.99% and reported close to 16010 yuan, turnover also enlarged to 782,000 hands. Policy set off the market in order to stimulate car consumption, promote energy conservation and emission Reduction, the Ministry of Finance and other relevant departments recently issued the "car to replace the new implementation measures" (hereinafter referred to as the "method"). The approach provides that during the period from June 1, 2009 to May 31, 2010, old and medium rental vehicles, which were used for less than 8 years, were used in the old medium-and-small-scale passenger cars that were not in use in the 12, and those of old and medium-sized vehicles outside taxis, as well as early scrap "yellow tagged" and new cars,  According to the scrapped models can enjoy 3000~6000 yuan subsidies. In addition, in order for the policy to be implemented smoothly, the "approach" also requires regional special service windows to be set up to apply for subsidy funds through the information management system.  Although countries have similar subsidy policies every year, it is noteworthy that in the current approach, the state not only expands the range of subsidized vehicles but also increases the subsidy standards, so the policy can boost car consumption to a greater extent. From the rubber market, Shanghai gum Recent trend is closely related to the policy. June 25, the market rumors of the implementation of the method, the day the price quickly reacted and Rose 3.31% reported in 15310 yuan, reversing the decline of the earlier period; July 7, rumors again detonated the market, the current price rose 2.76% and reported close to 15465 yuan, and after the formal introduction of the method,  Shanghai rubber futures rose nearly 4% per cent yesterday, the biggest increase since the month. Previously, analysts predicted that in the supply pressure increase, domestic rubber there is a greater downward pressure. But from the recent market performance of Shanghai gum Futures, it did not appear a large fall market, the main short is not easy, long and difficult, the price is the box vibration trend. Great Wall futures analyst Chen Shuqiang told reporters that theoretically the possibility of the price downward, but in fact did not appear, which mainly benefited from the impact of strong car consumption.  Chen Shuqiang also said that the introduction of the "method" will make the auto industry in the second half of the cumulative growth rate to maintain the current level, the final annual growth may fall in the 15%~20% of this range, the domestic car market boom is the most powerful supporting factors. Weather Impact tapping progress in addition to domestic car consumption to the rubber to bring substantial benefits, Southeast Asia's gum-producing state of El Niño weather is expected to bring a potential positive. This week, Thailand issued a national rainstorm warning that successive rains have seriously affected tapping progress, with supplies now below normal levels and normalYear, affected by this, the spot price of rubber rose slightly. Synthetic gum, Butadiene's sharp increase in prices led to the Asian styrene butadiene rubber manufacturers decline in profits, these enterprises can only choose to cut production or production, and crude oil after the previous slump, the recent stabilisation signs, even if its price does not rise, due to the upstream raw material prices, synthetic gum price may also rise.  Chen Shuqiang said that the current synthetic gum price of 12000 yuan, the day gum price of 15000 yuan, if the difference between the two is significantly reduced, rubber will form a larger support. Whether it is foreign weather conditions, or domestic automotive consumption and synthetic rubber prices are rising to the market. However, the Liu Bin also expressed concern about the market, especially the 7、8、9月 peak production pressure on rubber is still large, and the United States on China's export of tyres is not conclusive, the domestic tyre industry can continue to rebound still remain variable. "Shanghai Gum Futures in the interval of the 14000~16000 yuan three months of time, 16000 of the pressure is not easy to break through, if once the breakthrough, it may form a sustained rise." Liu Bin added.
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