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    Home > Chemicals Industry > New Chemical Materials > Domestic spot is firm, and Shanghai rubber remains strong

    Domestic spot is firm, and Shanghai rubber remains strong

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 12710 yuan / ton, the highest price is 13295 yuan / ton, the lowest price is 12640 yuan / ton, and the closing price is 13170 yuan / ton; The trading volume was 1621426 lots, and the position volume was 318552 lots, a decrease of 2042 lots
    from the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1609 contract is 191.
    9 yen/kg, the highest price is 198 yen/kg, the lowest price is 191.
    2 yen/kg, and the closing price is 193.
    8 yen/kg, with a volume of 12271 lots and a position of 13856 lots
    .

    Spot market
    .
    14-year state-owned full latex 12200 (+200) in Shanghai; 14 years of Yunnan state-owned whole milk in Shandong 12300 (+300); The 14-year state-owned whole milk tax-free price in Hengshui was 11,800 (+100) yuan / ton, and the 15-year private whole latex price in Yunnan was 12,100 (+200) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period decreased by 30 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 260070 tons
    .
    Among them, Shanghai decreased by 50 tons, Shandong increased by 30 tons, Yunnan decreased by 10 tons, Hainan Ping, Tianjin Ping
    .

    Holdings of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 77687 (+978), short positions of 94902 (+503), and net short positions of 17215
    .

    The main contract of Shanghai rubber 1609 continued its volatile upward trend
    on Wednesday.
    From the 60-minute candlestick chart, the K-line returns to the upper part of the moving average system, supported by the short-term moving average, and the technical indicator MACD red bar continues; On the daily chart, the 5-day moving average on the K line station, the MACD red column continued, the trading volume increased dramatically, and the position decreased
    slightly.

    Comprehensive analysis, rubber fundamentals have not changed much, still optimistic
    .
    From the perspective of technical analysis, the probability of Shanghai rubber continuing the oscillating trend on Thursday is relatively large
    .
    The firm domestic spot will limit the pullback space of Shanghai rubber, and it may continue to break upward after the shock, it is recommended that bulls reduce their holdings at the high, and go long at the pullback, and it is not suitable to chase higher
    .

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