EUR/USD
1.15895
0.036%
Gold
4424.03
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Oil
84.337
1.963%
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159.811
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GBP/USD
1.35423
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216.426
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Real-time News
On August 31st, the last trading day of August 2026, the Shanghai rubber futures main contract fluctuated slightly throughout the day. It opened at 18,900 yuan/ton and dipped to a low of 18,705 yuan/ton, currently maintaining a narrow range around 18,900 yuan/ton. Trading volume and open interest remained active, indicating continued market tug-of-war between bulls and bears. 1. On the supply side, Southeast Asia has entered its traditional peak production season, but continuous rainfall in parts of Thailand and Vietnam has disrupted tapping efficiency. Thai cup rubber prices remained high at 67.3 baht/kg, providing rigid support for the market. Domestically, Yunnan and Hainan production areas were also affected by intermittent rain, resulting in a lower-than-expected supply of new rubber. Thailands natural rubber exports to China in the first seven months declined by 25% year-on-year, with limited external inflows. 2. Regarding inventory, as of August 23rd, the total natural rubber inventory in Qingdao was 631,500 tons, a decrease of 10,600 tons (1.65%) compared to the previous period. Both bonded and general trade inventories decreased, slightly easing pressure on the spot market. 3. Demand is clearly differentiated. As of August 27, 2026, the operating rate of all-steel radial tire manufacturers in Shandong this week was 62.33%, up 0.91% from last week but down 0.45% from the same period last year. The operating rate of semi-steel radial tire manufacturers in China was 65.38%, down 0.28% from last week and down 9.19% from the same period last year. Downstream tire manufacturers remain cautious in the face of high raw material prices, mainly purchasing based on immediate needs, with weak willingness to actively replenish inventory. The realization of the "Golden September" peak season still needs to be closely monitored for changes in terminal orders. 4. In terms of news, the expectation of El Niño climate-induced production reduction continues to be traded, and the overseas STR20# USD price remains firm, with the domestic and international markets moving in tandem to support rubber prices. Overall, the short-term supply and demand are in a tug-of-war pattern, and rubber prices are expected to remain range-bound. US crude oil fell 0.16%; gold prices fell nearly 3%. It is recommended to operate with a range-bound strategy, focusing on changes in weather in production areas and the improvement of downstream operating rates in September, and being wary of short-term risks brought about by macroeconomic and international market fluctuations.On August 31, Barclays stated that, given Federal Reserve Chairman Warshs recent comments suggesting a more hawkish policy stance, the bank expects the Fed to raise interest rates by 25 basis points in both September and December. Previously, the bank had anticipated the Fed would keep interest rates unchanged for the remainder of the year.OpenClaw has announced that OpenClaw 2.0 is now live.On August 31, the public relations department of Irans Islamic Revolutionary Guard Corps said on social media that a U.S. MQ-9 Reaper drone was shot down by an Iranian missile over the Strait of Hormuz and "crashed into the blue waters of the Persian Gulf." Depending on the sensors and weapons it carries, an MQ-9 Reaper drone costs between $30 million and $50 million.On August 31, the yen fell below the 160 level against the dollar, highlighting the vulnerability of further yen weakness and increasing the risk that Japanese authorities might intervene again to slow the yens decline. While the specific trigger level remains uncertain, strategists warned on Monday that there are many factors that could trigger Japanese authorities to intervene again to prevent a significant weakening of the yen, most likely around 161, followed by the 162-163 range. However, strategists still believe that even if Japanese authorities take action, its effect is likely only to buy time. The yen has already given back more than half of its gains since the record-breaking intervention that began at the end of July. Rinto Maruyama, senior interest rate and foreign exchange strategist at Nikko Securities, said, "In terms of key levels, 161 is the first level to watch, followed by the 162.9-163.3 area, where the authorities intervened last time." However, he noted that the Japanese government "very much emphasized maintaining a degree of surprise" when it last acted, meaning that the authorities could act at any time.
