EUR/USD
1.09356
-0.010%
Gold
2641.30
0.427%
Oil
74.966
-0.048%
USD/JPY
148.710
0.092%
GBP/USD
1.30590
0.002%
GBP/JPY
194.205
0.101%
Real-time News
Futures News on October 11: In the short term, the purchase price of raw materials in Thailand remains high, and the cost side still supports it. Traders are willing to support prices. In addition, the current spot inventory is still at a low level, and the liquidity of some rubber types such as Vietnamese rubber and mixed rubber is still tight. The supply side still supports the bottom of rubber prices. At present, most domestic all-steel tire companies maintain normal operation, and the overall recovery of production has improved. However, the performance of the terminal market is slightly flat, the demand follow-up is insufficient, the social inventory is under pressure, and the room for enterprises to increase production is also limited. The demand side lacks effective support for rubber prices. Technically, rubber may continue to look for support downward in the short term, but the room for decline is expected to be limited. Operational advice: continue to wait for the opportunity to stabilize.Futures news on October 11, Singapore fuel oil spot market prices fell on October 10.Futures news on October 11, the futures range fluctuated in the morning. The price reference of methanol mainstream merchants in Changzhou area is around 2530-2540 yuan/ton, and the basis reference is +30 yuan/ton; the price reference in Zhangjiagang area is around 2530-2540 yuan/ton, and the basis reference is +30 yuan/ton.Japanese Finance Minister Katsunobu Kato: Will attend the G20 Finance Ministers Meeting and the International Monetary Fund-World Bank Meeting in Washington from October 23 to 27.Futures News on October 11, one working day before and after the National Day, plastic products rose overall, PP, PE rose by about 200 yuan/ton, downstream BOPP, CPP rose by 200-400 yuan/ton, and downstream tape mother rolls rose by 300-500 yuan/ton; however, the rise retreated instantly on the 9th, and some markets have already seen a downward trend. Zhuochuang analysts believe that there are the following influencing factors. First, the main reason for the price increase is driven by macro market news. The news of "interest rate cuts" and "reservation cuts" before the holiday boosted the confidence of market traders; second, the five consecutive increases in international oil prices during the National Day gave the market a strong boost, and the market had a good start after the holiday; third, after the sharp rise in prices, the market orders were limited, and the buying support was insufficient, coupled with the futures turning downward and crude oil falling from highs. This week, the macro positives have dissipated, and the market has returned to fundamentals. It is expected that the plastic market will be consolidated after the rise, and some products will fall back from highs.