Tianjiao futures prices hit a new high in 7 years. What are the driving factors for the increase?

Gold Ten Futures September 19th news, the first trading day after the Mid-Autumn Festival, rubber futures continued the previous strong trend, among which, the price of rubber is a new high in seven years. Qi Sheng Futures analysis pointed out that at present, the core logic of rubber strength is mainly expected to improve. First, the Federal Reserve's interest rate cut cycle is coming, domestic liquidity has turned loose; second, it is in the traditional peak season; third, the production cycle of rubber itself has peaked. < b > Looking forward to the market outlook, there are two risks that need to be paid attention to. First, the production of production areas is rapidly increasing; second, the growth of downstream tire exports is under pressure. Entering the fourth quarter, we must be vigilant against the market's excessive trading of rising heights, which will lead to a greater degree of repetition in the rebound process. Industrial products are still in a weak position, and some varieties may continue to hit new lows. From a prudential point of view, there may be another bottom at present, and the bottoming process will be longer thereafter. Rubber, on the other hand, is currently in a multi-allocation rhythm of funds due to tight production capacity and difficulty in short-term volume. In the long run, the biggest risk points come from trade disputes and export risks facing the demand side.