129762943176875000_52Steel futures: the China factor hit Shanghai rubber diving down
Review Shanghai rubber market opened lower today, slightly up in early trading it for fall, but prices basically stable over 29,100, Wen Jiabao, the afternoon to address the regulation of real estate rapid depress the stock market diving
tera gold, Shanghai rubber quickly dropped below 29,000 support
tera power leveling, trading closed at 28,875
tera gold, or 0.38%. Turnover increase of 136,000 to 829,000 hand in hand, positionsReduce 28,446 233,000 to hand in hand. Market information according to Viet Nam the market prices of material news, Viet Nam forecast before the Ministry of agriculture and rural development this year, Viet Nam exported 770,000 tonnes of rubber, but due to supply increasing domestic and exports are expected to increase by 5.9%, or will reach a record $ 882,000 tons. 2011 Viet Nam rubber export of 816,000 tonnesAnd $ 3.2 billion in agricultural exports in the second. Viet Nam of the General Administration of customs statistics show that first 2 months of this year, Viet Nam rubber exports by about 150,000 tons, $ 411 million, exports grew by 24%, exports fell 23.6%. China is Viet Nam's largest rubber export market, 57.03% per cent of total exports, followed by Malaysia (11.07%), India (5.86%) and China Taiwan Province (5.12%). Technical analysis and future prospect of Shanghai rubber small yin received today from top to bottom hatch line, obtained dive of the afternoon at the intersection of multiple application supporting. Wen comments on real estate prices far to a reasonable level so that investors ' risk appetite and confidence in the market affected. Shanghai rubber orSubsequently dragged down stock markets for a period of time within, to shock the callback.
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