Why are the industry giants confident that the hot

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Rubber futures prices can't help the wall, why do industry giants stick to it with confidence

since the third quarter of 2017, the price of natural rubber has weakened again, and there is the possibility of further refreshing the low point of more than one year in the future market, which has troubled the majority of rubber farmers

as of press time, the main contract of Shanghai Jiao stock exchange in Shanghai futures exchange closed near 14020 yuan/ton in the flat market. In June this year, it once hit a low since September last year to 12215 yuan/ton; The main contract of Japanese gum on the Tokyo industrial products exchange closed at 203 yen/ton, down 0.54%. This June hit a low of 178.8 yen/ton since November last year

halcyonagri, a global supplier of durable raw materials in Singapore, believes that the efficiency of oil pumps has become lower. At present, the withdrawal of the whole rubber market is relatively gloomy, and the company hopes that this situation can be changed as soon as possible

robertmeyer, CEO of halcyonagri, said in an interview on Monday (December 11 in recent years): "I think what the company can do at present is to use the derivatives market to avoid the risk of price fluctuations, so as to obtain a relatively fair spot market price."

halcyonagri had previously set off a wave of mergers and acquisitions in the industry, but faced with the glue price that the mud can't help the wall, it is inevitable that after the carnival, there is a little more anxiety

last year, the National Quality Supervision Department of the company found that in the supervision of waterproof materials, the company worked in a multi pronged manner and successively acquired Sinochem International and Singapore rubber producer gmgglobal, becoming the most influential player in the global rubber supply chain

in recent weeks, the company has acquired five rubber plants in Indonesia to further expand its production scale. The company has previously owned several manufacturers in Thailand and Malaysia. Indonesia, Thailand and Malaysia control nearly 70% of the world's natural rubber supply. In order to cope with the continued sluggish rubber prices, the three countries are likely to reduce the scale of rubber exports in the future

meyer said: "avoiding the risk of price fluctuations is not completely zero cost. The profits the company has locked in the derivatives market should also be shared by the majority of rubber farmers, otherwise their planting enthusiasm will not be guaranteed." He added that many rubber farmers are lazy about farming

of course, Meyer also admitted that he was personally optimistic about the future. He also pointed out that the rubber market is now in a very interesting era. He said: "from a macro perspective, commodity price adjustments have been forced to needle spring screws and pointer grids, which have been in the process of downward adjustment for many years, and the entire supply and demand situation is tightening."

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