Raw material prices are down, and Shanghai rubber is weak and volatile

Domestic sales area market
.
14-year state-owned full latex 10800 (-400) in Shanghai; 14 years Yunnan state-owned whole milk 10700 (-500) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui area is 10,400 (-600) yuan/ton, and the 15-year private whole milk tax-free quotation is 10,500 yuan/ton (-600) yuan/ton; Yunnan's 15-year private full latex quotation is 11500 (-200) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period increased by 9420 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 291240 tons
.
Among them, Shanghai increased by 3,860 tons, Shandong decreased by 460 tons, Yunnan decreased by 80 tons, Hainan increased by 3,500, and Tianjin increased by 2,600 tons
.

Holdings of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 72634 (-4171), short positions of 92960 (-444), and net short positions of 20326
.

The main contract of Shanghai rubber 1609 was weak and volatile
on Friday.
From the 60-minute candlestick chart, the candlestick fell back below the short-term moving average, and the technical indicator MACD green column continued; On the daily chart, the K line fell below the 60-day moving average, the MACD green column continued, the trading volume was enlarged, and the position volume decreased
slightly.

Comprehensive analysis, spot market quotations weakened, all-steel operating rates began to turn around, raw material prices fell
.
From the perspective of technical analysis, Shanghai rubber is expected to continue the weak shock pattern
today.
The May contract is facing delivery, which suppresses the market, and it is recommended that investors mainly rebound short, and it is not suitable to chase short
.