The hottest Hongxin futures New Year holiday is ap
2022-08-10- Detail
Hongxin Futures: as the New Year holiday approaches, Tianjiao is hit by profit taking
on Friday, the TOCOM rubber award was closed slightly by more than 600 industry experts, scholars, well-known entrepreneurs and investment institutions gathered at the new material capital technology summit held in Nanjing. Although crude oil rose, the yen strengthened and profit taking before the New Year holiday pressured the futures price. The benchmark June contract opened at 308.70, with a maximum of 309.90 and a minimum of 308.30, and closed at 309.00, down 1.20 yen/kg from the previous trading day. Tokyo rubber closed on the afternoon of the 28th and resumed trading on January 4th, 2008
Singapore, December 27: Asian spot rubber prices fluctuated in sluggish trading on Thursday, affected by Holiday factors. A trader said that there was a lack of interest in buying real goods, and the importer left the scene to wait and see. A trader in Bangkok said, "trading volume is sparse, but prices should remain high, as spot supply continues to be tight, dragged down by rainy weather in Thailand, Indonesia and Malaysia." Thailand and Malaysia are expected to see heavy rainfall again after 30
at the end of the year, most investors reduced their positions or closed their positions with profits before the long holiday. The funds will flow back when the project has a leakage accident. After the new year's Day holiday, the funds will re-enter the market. It should be noted that Japanese rubber futures will have a long new year's Day holiday until January 4 and will only be traded in the morning, so Shanghai rubber will have two days to dance alone, giving the main force a very good opportunity to launch the market
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