Indonesia Happens Earthquake and The Price of China Rubber Increases
At twenty-two,April11th,near Indonesian Sumatra about 8.5 earthquake happened,and Indonesian authorities issued a tsunami warning.Indonesia is the important exporter of rubber to China.After the Indonesian earthquake, the price of rubber in China has appeared tiny rise.
Today morning,natural rubber contract of the Shanghai futures exchange high open, then concussion downside,and the price of hainan rubber now increased nearly 6%. By nine to fourteen, rubber starting 1209 A small rose slightly by 0.58 percent, to offer 26880 yuan. Japan TOCOM rubber futures rose 1.03%, for $313.4.