Natural rubber, from initial kneading to rebound? [Ryuuji Satou]
Ryuuji Sato Profile
Sato Ryuuji. Born in 1968. After graduating from a U.S. university in 1993, he joined a marketing company, then moved to a financial and investment information vendor, Genesis Co., Ltd. (later Oval Next Co., Ltd.). He has written analyst reports on macroeconomic analysis, forex, commodities, and stock markets and has been involved in trading. Since 2010, he has run “H-Square Co., Ltd.”, writing analyst reports and planning/publishing works such as “FOREX NOTE Currency Notebook,” while also serving as a host for investment-related radio programs. He is an individual trader. International Federation of Technical Analysts certified technical analyst. Main anchor of Radio Nikkei “The Money Doisato’s Market Forecast” (Mondays 15:00–).
Official site:Ryuuji Sato Blog
*This article is a republication and re-editing of articles from FX攻略.com December 2019 issue. Please note that the market information written in the main text may differ from the current market.
Natural Rubber Market Forms a Double Top
In the August issue this year, it was noted that natural rubber prices were finding it hard to rise due to supply and demand, and that a range-bound movement might continue. However, prices fell further, sinking to their lowest since November of last year in August. In this issue, we would like to forecast the future natural rubber market amid rapidly changing U.S.-China trade frictions.