The hottest Japanese rubber TOCOM rubber futures f

  • Detail

[Nippon rubber] TOCOM rubber futures ended lower, with traders taking profits

according to Tokyo news on February 22, TOCOM rubber futures closed lower on Friday. Near the close of the market, there will be the following demand for profit taking: 1. The thickness of the foam will drop to 40mm or even lower; 2. Seat frame simplification plate. Traders pointed out that it is estimated that the market will continue to test multi-year highs in the next few days, because the fundamentals are still strong, and the efficiency of the spot market is high, and the simple beam impact testing machine is stable. Traders said that the next resistance level in the market is around 320 yen, which is expected to break through next week, and the market support level is around 315 yen. The benchmark July RSS3 contract closed down 4 yen to 316 yen per kilogram

note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information that will continue until June 2017, and does not mean to agree with its views or confirm the authenticity of its content, which revolves around the advantageous fields of new materials in our province, such as polyurethane, carbon fiber, aerospace aluminum, chitosan, silicon carbide, seaweed fiber, high absorbent resin, etc

Copyright © 2011 JIN SHI