Does the earthquake affect futures' ups and downs?
The main factor affecting the rise and fall of futures is the first supply and demand; Second, funds; Third, psychology. Great earthquakes generally do not affect funds, but psychology and the relationship between supply and demand may have some influence. Take today's 8.7 earthquake in Indonesia as an example. First, Indonesia is the world's largest producer of palm oil and natural rubber, so the earthquake may have an impact on market psychology, but it is not expected to be great. Second, look at the specific location and impact of the earthquake in Indonesia, whether it triggered a tsunami, and whether the earthquake affected palm oil processing plants or export links. Judging from the current news, it seems that the tsunami warning has not been issued yet, so the natural rubber exports of Vietnam and Thailand should not be greatly affected, and the natural rubber market may not have much reaction. The news did not report the specific location and impact of the earthquake, so I don't know whether it will affect the export of palm oil and natural rubber in this country. In short, the earthquake does not necessarily affect the futures market. If the earthquake occurs in a production area, a key node in the industrial chain or an important consumer factory, it may affect the futures price, depending on the direction of influence. If the earthquake in Indonesia today is good, it will have no impact. If so, it may increase the prices of palm oil and natural rubber. Last year, the Japanese tsunami affected the Japanese automobile industry, so the demand for natural rubber decreased, which suppressed the futures price of natural rubber. Therefore, whether the earthquake specifically affects futures prices needs more specific analysis.