Shanghai rubber glue gun futures on April 29 1009 main contract slightly higher opening and closing was up, Masukura shrinkage. 1009 contract closed 23,430 yuan / ton, up 45 yuan / ton, volume was 975,602 hands, hand positions to 197,754. Market outlook, global economic recovery will support the demand for natural rubber and other raw materials, and the main producer of Thailand's political turmoil continued to affect the natural rubber material transport, so Hujiao market outlook will remain up through consolidation.

Natural rubber producing countries report released fundamentals, the global economic recovery to speed up China, India and Malaysia's natural rubber demand recovery, and tire manufacturing season approaches, so the market will be strong in the short-term support. However, global production this year should not be overly optimistic, may only increase by 6.2% in short supply is expected to push up rubber stock broke the four U.S. dollars / kg. In the first quarter, China's consumption increased by 29%, 70% of the inexorable rise in natural rubber imports, consumption in Malaysia increased by 13% and imports by 28%. Like India, Malaysia is also fast becoming a net importer of natural rubber. Preliminary data show that a quarter of Malaysia's imports of 183,000 tons. U.S. 9,400 billion U.S. dollars is expected to further expand health insurance bill latex glove industry in Malaysia, rubber demand therefore be supported.

Domestically, Jiaojia the long term will increase the short-term Jiaojia down adjustment is to do more buying opportunities. In the first quarter GDP grew 11.9%, CPI up 2.2% over the same period, show that China is still in a good economic environment, the degree of inflation as a serious imagination, the market outlook for commodities continue to rise is inevitable, but the size range of issues. In addition, China's auto industry beyond the expectations of substantial growth in demand for tires and rubber to bring a bright future. March Auto production and sales of the respective 1,734,300 and 1,735,200, respectively, than in February increased by 44% and 43%; from January to March auto sales were completed 4,554,500 and 4,610,600, respectively, year on year growth of 77% and 72%. March and first quarter sales also broken the record. Market in general will be the 2010 car production and sales growth is expected to increase to 17%.

Author: Jiande Tongyu Electrical Tools Factory
Website: www.tygluegun.com
Main Products: glue gun?glue stick