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Last week, Shanghai rubber touched 12220 at its lowest, and closed
with a foot Yang line.
In terms of pattern, last week's retreat stage smoothly stepped back to prompt the downward target of 12200-12300, and on Friday it recovered to break through the 12500 line and enter a rebound upward trend
.
In the Thai raw material market, white flakes 54.
89, tobacco flakes 57.
4, glue 48.
7, cup glue 36.
15, Thai raw materials prices rose
.
Shanghai rubber rose within the day, the price of full latex in the East China market was about 11,900 yuan, and the Thai standard was mixed at about 10,800 yuan, and the spot market transaction was limited
.
On Friday, Shanghai rubber rose to close, the main intraday volume, Shanghai rubber shock pattern, the current domestic warehouse receipt volume is low, downstream consumption has recovered, but the overall domestic rubber inventory is too high to a certain extent inhibiting the later Shanghai rubber upside, Shanghai rubber short-term shock pattern
.
At present, the form of Shanghai rubber is stronger than other chemical varieties, with leading momentum, in terms of price, the 12500 line from horizontal suppression to breakthrough position, the running stage above the line, focus on the 12700-12800 area of the high test performance
.
