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    Home > Chemicals Industry > New Chemical Materials > Bulls slightly increased their positions and Shanghai rubber continued to fluctuate

    Bulls slightly increased their positions and Shanghai rubber continued to fluctuate

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The main contract RU1609 opened at 11410 yuan / ton, the highest price was 11620 yuan / ton, the lowest price was 11305 yuan / ton, and the closing price was 11450 yuan / ton, up 0.
    57% or 65; The trading volume was 770478 lots, and the position volume was 338002 lots, a decrease of 8214 lots
    from the previous trading day.
    Tokyo Rubber Day closed, 155.
    7 up 0.
    1 in November '16, down 0.
    2
    at 155.
    9 in Dec '16.

    Shanghai rubber

    Spot market: The price of spot US dollar rubber in Thailand in the bonded zone rose slightly, the domestic spot price was basically stable, and the price of raw materials in Thailand was slightly raised
    .
    In the domestic main sales area market, 10,900 yuan / ton of full latex in Shanghai in 14 years fell by 100; The 14-year-old state-owned whole milk tax-free price in Hengshui increased by 1000 yuan / ton at 10,500 yuan; The 16-year full latex quotation in Yunnan was 10,700 yuan / ton, and the SCR5 price was 10,000 yuan / ton; Guangdong Vietnam 3L reported 11100-11200 yuan / ton
    .
    In terms of US dollar rubber, Qingdao Free Trade Zone Tai San reported 1550 US dollars / ton, and Thai standard spot reported 1300 US dollars / ton
    .

    The warehouse receipt of natural rubber futures in the previous period was reported at 301270 tons, an increase of 840 tons
    from the previous trading day.

    Affected by the slowdown in domestic rubber demand, the domestic Shanghai rubber opened sharply higher today, recording the highest point in January, fell from the high in the afternoon, and narrowed the rise at the end of the session
    .
    Weakening Brexit fears and a weaker yen pushed Tokyo rubber prices back
    .
    In the past month, Shanghai rubber has been pulling back from a low level, but the futures rubber market is relatively fragile, and concerns about oversupply still exist, and further upside may be limited
    in the future.
    By the end of June, the opening rate of all-steel tires was 70%, the operating rate was slightly lower, and some parts of the main Southeast Asian producing countries began to cut
    .

    The top 20 members of the main contract trading of Shanghai rubber have a dominant net short position, and the long position increases slightly, and the short position is mainly
    reduced.
    Shanghai rubber is currently in a volatile market, may continue to test down to the 11300 line, if the step on the stability can be appropriate long, such as continue to probe the long pay attention to stop loss, Shanghai rubber recommended short-term operation, low absorption and high selling
    .

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