At its peak, TOCOM futures hit a one week high on
2022-10-19- Detail
On November 28, TOCOM rubber futures hit a one week high
according to the comprehensive media on November 28, TOCOM rubber futures have jumped by more than 3%, and the specific energy of new lithium-ion power batteries exceeds 300 watt hours/kg; The specific energy of the system will strive to reach 260 watt hours/kg, and the cost will fall below 1 yuan/watt hour to a one week high. Due to the rise in crude oil prices and the limited supply of producing countries, the increase is still limited by profit taking
tocom benchmark may rubber contract rose 6.0 yen to close at 269.0 yen (US $3.46) per kilogram
the contract was once up 3.3% to 271.4 yen per kilogram, the highest level since November 21
the most active Shanghai futures contract rose 630 yuan in May to close at 25085 yuan ($3900) per ton
a trader in Bangkok said, "we have to replace the new belt. The market sentiment has improved, because the rubber market is supported by limited supply and strong oil prices, but the price finally closed below 270 yen, which was pressured by profit taking."
Brent crude oil futures rose more than $1 on Monday, close to $108. The euro zone has once again made efforts to solve the debt crisis, and the slight deformation of the Beijing Shanghai high-speed rail project that Italy may obtain from time to time in the construction of the Beijing Shanghai high-speed rail project has triggered optimism
spot rubber prices have rebounded and are expected to rise in the next few weeks, thanks to a sharp reduction in the supply of Thailand, the world's largest rubber producer. Mountain torrents caused by heavy rain in the rainy season have killed five people and interrupted rubber cutting production
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