High price fluctuates in a wide range--Analysis prospect on China rubber prices of 2007 and 2008

摘要

In 2007,supply & demand relations are not so tight in China rubber market,stock increased,and supply pressures are relatively high. On the other hand,dollar devaluation and geopoliticalinstability promote oil prices hit high records,the increasing costs of production and importsimprove the market price continue to rise. In 2008,the above factors,bringing on the risingprice,not only not disappeared,but further enhanced. It is forecasted that NR price willcontinue to keep high position and fluctuate in a wide range in 2008. The all-year averageprice of NR will remain more than 15,000 yuan / ton.