Gum price burst into a perfect buying opportunity?

⊙ contributing writer Wang Weibo ⊙ Wang Weibo Monday, Shanghai Gum Futures appeared to touch the trend of the fall, since the impact of the failure of 16000 yuan, the domestic Shanghai gum period price again fell, the main contract RU0909 Plate touched down 14555 yuan/ton, close to 14620 yuan, the decline reached 705 yuan.　　Although the decline is larger, but the author is not pessimistic, behind the deep correction, we see a good opportunity to provide a perfect bid. At present, the domestic Shanghai rubber futures continued the pressure of seasonal adjustment. With the international and domestic gum market in the deep, although the market price in the low area, but due to seasonal supply pressure expected to increase the bad effect, as well as the basic metal in May, the adjustment brought about by the decline of the overall trend of industrial products, rubber price drop is also reasonable. We expect that as the global economy turns warmer, and as the cost of natural rubber consumption decreases, the buying value will be greatly enhanced.　　The strategy of buying low is never wrong, both for investors and for companies. International market, lack of funds to participate in the Tokyo Gum Futures, the market performance of the weak, may be a superficial phenomenon: the weak behind is a bottom finishing process, the International spot market 1500 U.S. dollars of plastic price, should be regarded as a relatively moderate cost price line. As a result of the 2008 financial crisis, gum prices plunged from 2500 of dollars. In 1500 U.S. dollars this floor price up and down the rise and fall, I think are tamping the bottom of the process.　　At present, the seasonal pressure makes the price of rubber to go up a certain degree of difficulty, but in the vicinity of the floor price for a long time to have considerable value investment opportunities. In spite of the Monday slump, we do not recommend shorting in the low area where the price is priced, and the risk of rising at any time is far greater than the profit from shorting the price difference.　　Gum price within 15000 of the lower range of the finishing trend, when the current price fluctuation is a repeated construction process, at the end of the bottom, the glue price in 2009 will certainly have the opportunity to return to the 20000 mark, of course, the time may be delayed in the fourth quarter. China's first quarter of good car spending has made natural rubber consumption a renewed hope and a historic opportunity behind this hope.