Downstream growth slowed down, and Shanghai rubber weakened again

The opening price of the Nippon 1611 contract is 160.
6 yen/kg, the highest price is 162.
8 yen/kg, the lowest price is 156.
8 yen/kg, and the closing price is 156.
8 yen/kg; The trading volume was 5849 lots, and the position volume was 11424 lots
.

Domestic sales area market
.
14-year state-owned full latex 10150 (+100) in Shanghai; 14-year Yunnan state-owned whole milk 10150 (+100) in Shandong; The tax-free price of state-owned whole milk in Hengshui area for 14 years is 9700 (0) yuan / ton, and the price of private whole milk without tax in 15 years is 9800 yuan / ton (0) yuan / ton; Yunnan's 16-year private full latex quotation was 10400 (+150) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period increased by 700 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 301870 tons
.
Among them, Shanghai increased by 880 tons, Shandong decreased by 170 tons, Yunnan decreased by 10 tons, and Hainan and Tianjin remained flat
.

Shanghai rubber main contract (1609) position: the top 20 members long position 83452 (+4804), short position 106436 (+4154), net short 22984
.

The main contract of Shanghai rubber 1609 fluctuated down
.
From the 60-minute K-line chart, the K-line is located below the short-term moving average, the technical indicator MACD green column appears, and the yellow and white line is dead; On the daily chart, the K line closed negative, but it is still above the 5-day and 10-day moving averages, and the MACD red column continues
.
Volume decreased, position volume increased
slightly.

Comprehensive analysis, Shanghai rubber fluctuated downward on Tuesday, there was no significant change in fundamentals, and overseas US dollar rubber quotations fell
.
In the medium line, because of the arrival of the peak of tire production and the gradual approach of the preliminary cutting results of the two sides of the tire, the growth rate of downstream consumption will slow down, and with the advent of the cutting season, the supply will gradually be abundant without problems, so the supply and demand of the middle line of tianjiao will gradually turn to loose
.
On the market, Shanghai rubber has weakened again, it is recommended to maintain the short idea, and the radicals can test a small amount of shorts, but they should pay attention to the risk of
holding positions during the festival.