March 16 Shanghai rubber morning review

With inflation picking up in major economies around the world and a number of better-than-expected economic data, some central banks with ultra-loose monetary policy are under pressure
to tighten monetary policy moderately.
In particular, the central banks of Europe and Japan, whose monetary policy is closely tied to the Fed, may accelerate the reduction of current asset purchases as the latter continues to raise interest rates during the year with a very high probability of it
.
At present, the world has got rid of the era of low inflation, and as inflation pressure continues to rise, it has invisibly brought new challenges
to the tightening of monetary policy in various countries.

After the Lantern Festival, although due to factors such as high raw material prices and environmental protection, some domestic tire manufacturers have not recovered to the level of a few years ago, but on the whole, the operating rate of tire factories has ushered in a significant recovery
.

At present, the domestic Shanghai rubber market is expected to maintain a high volatility trend, and the main 1705 contract price center of gravity is expected to operate in a wide range of 17500-21500 yuan / ton, giving the box high selling and low suction operation ideas
.