Social business Sept. 19 hearing involvement in Canada to the United States, a major crude oil pipeline will soon resume oil and mixed economic data weighed on consumer confidence, on Thursday US crude oil futures fell the third consecutive day, down nearly 2% , NYMEX-10月原油期货结算价收低 of $ 1.45 to 74.57 dollars a barrel, down 1.91%, after trading range of $ 74.11-75.99. Due to the oil market, the weak stock market performance and the Shanghai period glue, also weighed on investor sentiment, fell Thursday TOCOM rubber, rubber benchmark February fell 3.1 to 292.8 yen, a decrease of 1.05%.
17 main domestic rubber 1103 contract opened slightly higher on the 16th settlement price, intraday price volatility up, the basic price is above the amount of lines, as of noon, closed rose 1.97%, the price of 25,660 yuan. Spot, the whole market today in the rubber latex pending order amount is 712, down slightly from the previous day, the average price of 25,800 pending, unchanged from the previous day's price. Japan 4 consecutive full latex rubber market quotations were traded yesterday, the spot market price of 25,800 full latex reference.
The past week despite the domestic rubber futures prices weak shocks, but this is the last week that rubber panic crash impact will take time to digest. Dollar offer from rubber, the price remains strong, while the domestic rubber market spot price has not decreased significantly, for several days without explanation traded market participants are waiting and watching. 17 unilateral rubber prices rose in early trading, the basic form of damage below the 25,000 mark, the price will probably shock, but the overall upward pattern continue.
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