The current policy's suppression of bulk commodities is obvious, especially the performance of ferrous metals, which has fallen by more than 20% from the highest point. Some varieties have already stabilized.

Rubber market performance:

The current overall market performance is poor, terminal market demand is limited, market merchants have slow shipments, and inventories remain high. At present, the main focus is on consumption of inventory, and the purchase intention is not large. Coupled with the severe epidemic in Southeast Asia, it may have an impact on rubber production.

Recently, the downstream demand situation is not good. The operating rate of tire companies has declined since the high point in early May, and the demand for concentrated milk products has been tepid, which has limited boost to rubber prices. Looking at the naked K, the daily level is also fluctuating. Mainly rising, 13900 has become the current strong resistance.