The fundamentals are still weak, and Shanghai rubber continues to fluctuate

Night trading: Shanghai rubber RU1801 contract opening price 13940 yuan / ton, the highest price 13965 yuan / ton, the lowest price 13835 yuan / ton, the latest price 13915 yuan / ton; It fell by 25 yuan / ton, down 0.
18%.

The opening price of the Nichijiao 1803 contract is 205.
3 yen/kg, the highest price is 206.
6 yen/kg, the lowest price is 203.
7 yen/kg, and the closing price is 205.
7 yen/kg; The trading volume was 1307 lots, and the position volume was 7275 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation of 12050 yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 12050 yuan / ton; Hengshui market, Yunnan 15-year whole milk quotation 11800 yuan / ton, Yunnan market, 17-year full latex quotation 12500 yuan / ton
.

The last natural rubber futures warehouse receipt increased by 8920 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 393310 tons
.
Among them, Shanghai increased by 3230 tons, Yunnan increased by 500 tons, Shandong increased by 2320 tons, Tianjin Ping, Hainan increased by 2870 tons
.

The Shanghai rubber RU1801 contract was range-bound on Tuesday and continued
overnight.
From the 60-minute K-line chart, the K-line oscillates near the 20-day moving average, the short-term moving average turns downward, and the technical indicator MACD red column turns green; On the daily chart, the K-line returns above the short-term moving average, and the technical indicator MACD red bar continues
.
Trading volume and position volume decreased, and the technical situation weakened
.
The top 20 members held positions, long orders 69045 (-7498), short orders 92937 (-3256), net short 23892 lots
.

Industry information: 1.
According to data released by the German Association of the Automotive Industry (VDA), passenger car registrations in Germany increased by almost 4% to 272,855 units
in October.
As of October, new car registrations in Germany totalled 2.
88 million, up 2.
3%
compared to the same period last year.

In October, sales of imported models in Germany rose by 8%, with a total of 81,900 units sold.
In the first 10 months, sales of German automakers in the German market reached 191,000 units, an increase of 2%
compared with the same period last year.

At present, the fundamentals of Shanghai rubber are still weak, and long funds are mainly based on following strategies, but Shanghai rubber is not the best long variety, and the range of follow-up will be relatively limited, and the upper momentum is slightly insufficient
.
Conservative investors can also wait and see
for the time being.
You can pay attention to the impact of black production restrictions and macro environment on the rubber market
.
Today's intraday may be dominated by weak shocks
.