Rubber market rebounds sharply amid economic recovery and supply concerns [Ryuji Sato]

Ryuuji Sato Profile

Ryuuji Sato. Born in 1968. After graduating from a U.S. university in 1993, he joined Genesis Co., Ltd. (later Oval Next Co., Ltd.) after working at a marketing company, and became an analyst and trader in macroeconomic analysis, including currency, commodities, and stock market reports for a financial and investment information vendor. Since 2010 he founded "H Square Co., Ltd." and has been writing analyst reports, planning and publishing projects such as "FOREX NOTE Currency Notebook," while also serving as a radio host related to investing. He is an individual trader. Member of the International Federation of Technical Analysts, Certified Technical Analyst. Main host of Radio Nikkei, "The Money Onosato Market Forecast" (Mondays 3:00 PM).

Official site:Ryuuji Sato Blog

*This article is a reprint/re-edit from FX攻略.com November 2020 issue. Please note that the market information described in the text may differ from current market conditions.

Rapid Recovery from a 12-Year Low

When I wrote about the rubber market in the August 2020 issue, the rubber market fell sharply due to the impact of the novel coronavirus, dropping to its lowest in about 12 years since March 2009, and the rebound was slow, with the concern that if the coronavirus infection spread further, another drop could occur. However, it has since risen by more than 30%.

This time, while the COVID-19 pandemic continues, I would like to look at what is happening to the raw material, natural rubber.