Is not in a central market offers in the near future. Traders said on Thursday

CITIC building cast: Shanghai rubber lower low-22,000 point is at stake According to Bangkok on June 8, Thailand USS3 spot price for rubber fell to 90.5 per cent baht per kg on Friday, 92.29-92.88 baht on Thursday, and TOCOM rubber fell, because the Fed does not give a hint of launching the next round of quantitative easing. Thailand a trader said, low delivery volume, due to rubber plantations Organization (REO) Is not in a central market offers in the near future. Traders said on Thursday, to meet the order requirements under high domestic prices, Thailand exporter TOCOM May glue in the period after the expiration of the Exchange to buy about 300 tons of rubber. Wongbundit Co. traders Ltd Pongsak Kerdwongbundit said: "the May contractAfter expiration, only a limited number of TOCOM rubber was bought, but I expected June this number will increase significantly, when the Japan rubber stocks will fall sharply. "Bangkok, June 7, due to strong rains blocked supply, Thailand rubber ship postponed for the second time this year, pushing some exporters from the Tokyo Exchange rubber imports of industrial products to fulfill the contract. PTAThe spot market is dull, markets Taiwan near the sources quote $ 940-945/ton, manufacturers in the lower bid price at around $ 930/ton, the actual negotiating prices at around $ 930-940/ton. Korea cargo offer price around $ 930/ton, manufacturers in the lower bid price at $ 910/t near the actual negotiating prices at 915-920Yuan/tons. Producers said PTA current external factors are not steady, its also facing surplus. Petrochemical 1.4 million tonnes of new equipment has been opened in the far East, Tong Kun 1.5 million tons of new capacity in the past two months to launch. Lost cost support read more, PTA prices may hit $ 300-$ 400, short-term rally more difficult. "The next PTA anti-Play key is the macro fundamentals is not too much good, if domestic and international macro-surface improvements will lead to rebound in PX, so from the cost side to promote PTA prices rise. "Operation proposal announced yesterday the Central Bank rate cut news, but the market is still weak, rubber continued to lower low today view my site here, rubber will also further hit in the near future, $ 22,000 mark is precariousPrecarious and future rebound needed macro-surface warming. PTA vulnerable without continued downward reduction, customs today test the 7,000 integer support, Outlook can point up to 7,000 loss intervention.