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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber oscillations to the upside, spot and rise

    Shanghai rubber oscillations to the upside, spot and rise

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 10860 yuan / ton, the highest price is 11355 yuan / ton, the lowest price is 10850 yuan / ton, and the closing price is 10270 yuan / ton; The trading volume was 791246 lots, and the position volume was 349972 lots, an increase of 1764 lots
    from the previous trading day.

    Shanghai rubber

    Nippon 1611 contract opens at 150.
    8 yen/kg, the highest price is 154 yen/kg, the lowest price is 150 yen/kg, and the closing price is 153.
    6 yen/kg; The trading volume was 3775 lots, and the position volume was 15231 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 10600 (+200) in Shanghai; 14 years Yunnan state-owned whole milk 10600 (+100) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui area is 10,000 (+100) yuan/ton, and the 15-year private whole milk tax-free quotation is 10,100 yuan/ton (+100) yuan/ton; Yunnan's 16-year private full latex quotation was 10600 (+250) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period decreased by 230 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 299300 tons
    .
    Among them, Shanghai Ping, Yunnan Ping, Shandong decreased by 50 tons, Tianjin decreased by 140 tons, and Hainan decreased by 40 tons
    .

    Holdings of the main contract of Shanghai rubber (1609): the top 20 members have long positions 85631 (+2958), short positions 106675 (-990), and net short 21044
    .

    The main contract of Shanghai rubber 1609 strengthened
    on Monday.
    From the 60-minute K-line chart, the K-line closes above the moving average system, and the technical indicator MACD golden cross goes well; On the daily chart, the K line closed above the 10-day moving average, broke through the 40 moving average upward, and the MACD red column continued, which is still technically strong
    .
    The volume decreased slightly and the position increased
    slightly.

    Comprehensive analysis, on Monday, affected by the general sentiment of commodities such as black plates and PP price limits, Shanghai rubber fluctuated
    upward.
    Spot prices are generally rising, warehouse receipt pressure and social explicit inventory are still at historical highs
    .
    The short-term forecast is strong, but risks are accumulating
    as the market premium increases.
    Recently, market uncertainties have increased and volatility has intensified, so it is recommended that investors choose a good entry point, follow the trend and go long on the dip, and do not chase the rise
    .

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