1, let's take a look at the recent rubber trend. Since1October 28th 10, rubber futures have dropped by 1790 points from the 28th high 16630. It can be said that the short-term decline of the market is still relatively strong, so has the upward trend of rubber futures changed?

2. Rubber futures formed a broken chart on the K-line on the 29th. From this perspective, the top form of the market has a high probability of falling. Of course, whether the market trend has changed can only be determined after the price falls below a certain important value. Here, we mainly refer to the value of 78.6 for our analysis based on percentage indicators. When rubber futures fall below the value of 78.6, it is considered that the upward rhythm of the market has changed.

3. According to the previous data, the demand will drop to 28.7 million tons in 20 19, but it is expected to rise to 29.5 million tons in 2020 and further rise to 30.3 million tons in 202 1 year. The report also shows that the global demand for natural rubber in 20 19 is expected to decrease by about 0. 1% compared with that in 20 18, or about13.8 million tons, and will recover to 1.9% in 2020. In 20 19, the global demand for synthetic rubber is expected to decrease by 2.8% compared with that in 20 18, to slightly less than150,000 tons, but it is expected to rebound by 3.4% in 2020.