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Shanghai rubber range oscillation, bargain hunting and long thinking

 Last Update: 2022-12-06
 Source: Internet
 Author: User

Tags

natural rubber latex

high pressure cell

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Daily trading: Shanghai rubber RU1801 contract opening price 16365 yuan / ton, the highest price 16695 yuan / ton, the lowest price 16095 yuan / ton, the closing price 16545 yuan / ton; The trading volume was 805736 lots, and the position volume was 379710 lots, a decrease of 1830 lots
from the previous trading day.
Night trading: Shanghai rubber RU1801 contract opened at 16575 yuan / ton, the highest price was 16655 yuan / ton, the lowest price was 16550 yuan / ton, and the closing price was 16565 yuan / ton; Down 10 yuan / ton, down 0.
06%.

Shanghai rubber

External disk: Nichijiao 1801 contract opens at 214.
6 yen/kg, the highest price is 217.
6 yen/kg, the lowest price is 214 yen/kg, and the closing price is 216.
6 yen/kg; The trading volume is 4048 lots, and the position volume is 10110 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation of 13100 yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 13100 yuan / ton; Hengshui market, Yunnan 15-year whole milk quotation 12600 yuan / ton, Yunnan market, 17-year full latex quotation 13600 yuan / ton
.
US dollar rubber prices: external RSS3 reported 1890-1910 (+20/+20), SMR1700/1720 (+20/+20), STR201710/1730 (+30/+30), SIR20 1570/1590 (0/0), SVR3L 1690/1710 (+10/+10), SVR10 1570/1590 (+10/+10); RSS3 composite (CIF Qingdao main port) -/-(-/-), SMR20 composite (CIF Qingdao main port) 1710/1730 (+20/+20), STR20 composite (CIF Qingdao main port) 1730/1750 (+30/+30).

The warehouse receipts of natural rubber futures in the previous period increased by 1220 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 358160 tons
.
Among them, Shanghai increased by 1410 tons, Yunnan decreased by 110 tons, Shandong decreased by 180 tons, Tianjin Ping, Hainan increased by 100 tons
.

The Shanghai rubber RU1801 contract was strongly volatile on Thursday, and the night trading was basically flat
.
From the 60-minute candlestick chart, the K-line fell back below the 5-day moving average, and the technical indicator MACD green column turned red; On the daily chart, the K-line is on the moving average system, and the technical indicator MACD red bar turns green
.
The trading volume increased, the position volume decreased, and the technical picture was strong
.
The top 20 members held positions, long 89870 (+2596), short 119378 (-898), net 29508 lots
.

At present, the September contract is under pressure from warehouse receipt delivery, which is weak compared to the far month contract, and the spread closed at 3315 as of the end of the night, and we expect the spread to remain at a high level
.
Support below the 1801 contract is 16000
.
For now
, investors should still focus on the idea of bargain hunting.

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