tera gold from the end of February - RCB

Global rubber will usher in the open-cut rubber prices face a new round of impact Last week, increased pressure in anticipation of a seasonal supply today, plight of the weak plastic main contract in September rose, market seen weakening atmosphere in the short term. As of Friday, daily rubber price under the influence of above average pressure, has three trading days in a row is below 330 Yen/kg. Benefit from post-disaster reconstruction, Japan March Manufacturing PMI rose to 51.1,Highest level since last August. New export orders index for March month of 47.1 per cent to 50.2, output index 51.3 per cent in past months 52.2 per cent, is the highest since October last year. At the same time, the country's leading indicator for two consecutive months of higher, underscoring the Japan economy is a moderate recovery trend. Economic rebound expected dollar-yen (81.48,-0.0600,-0.07%) exchange rate down slightly for three weeks, the strength of the yen will make daily rubber price no doubt under pressure. From the perspective of supply and demand, typically in April each year global rubber will usher in the opening cut, phased supply tight advantages will gradually subside, brings to market new gum bad expectations faced a new round of global rubber price shocks. Narrowing of the gap between supply and demand withoutSuspected puts pressure on stocks, but fortunately, the demand in China with March domestic rubber marked reduction in inventories within Qingdao free trade zone. According to statistics, by the end of March, rubber stock has tumbled to 208,500 tonnes, from the end of February, around 50,000 tons, fall is about 25%. Once again, taking into account the forces of supply and demand changes, late-day rubber market will remain for slightly larger than necessaryCouncil. March global auto market situation has improved. Although France, and Italy and Spain's decline in new car sales are still maintained, some euro-zone countries had returned to positive growth in new car sales. United States, March, two months before a new vehicle sales continue rise, 13.3% per cent in the first quarter, so that new cars remain an increase for the year is expected to become increasingly clear.Overall, under the influence of seasonal supply pressure, rubber upward pressure is still larger tera gold, and as demand is expected to further improve tera power leveling, later declines are expected to slow tera power leveling, but overall short-term weak pattern or reverse. Others:

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