Global fundamentals have improved, and Shanghai rubber has maintained a bottoming out and stabilized

Night trading: Shanghai rubber RU1705 contract opening price 21995 yuan / ton, the highest price 22045 yuan / ton, the lowest price 21760 yuan / ton, the latest price 21800 yuan / ton; It fell by 195 yuan / ton, or 0.
89%.

The opening price of the Nippon 1707 contract is 307.
5 yen/kg, the highest price is 313.
6 yen/kg, the lowest price is 303 yen/kg, and the closing price is 311.
9 yen/kg; The trading volume was 7697 lots, and the position volume was 10926 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation 20900 (+1400) yuan / ton; Shandong market, Yunnan 15-year full latex quotation 20600 (+1000) yuan / ton; Hengshui market, 15-year state-owned whole milk tax-free quotation 20000 (+1100) yuan / ton, Yunnan market, 16-year full latex quotation 20400 (+900) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period decreased by 140 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 264650 tons
.
Among them, Shanghai decreased by 120 tons, Yunnan Ping, Shandong decreased by 20 tons, Tianjin Ping, Hainan Ping
.

The main contract of Shanghai rubber 1705 rose sharply on Monday, and fell slightly in overnight trading
.
From the 60-minute K-line chart, the K-line stands above the 10-day moving average, the moving average system is well arranged, and the technical indicator MACD red column continues; On the daily chart, above the short-term moving average on the K line station, the MACD green column turned red
.
The volume and position increased
.
Overall, the short-term technical picture is strong
.

The top 20 members held positions, long 82737 (+6875), short 97211 (+3750), net 14474
.

Comprehensive analysis, Shanghai rubber strengthened on Monday, and the night market adjusted
slightly.
Global fundamentals have improved, and the view
of bottoming out and stabilizing is maintained in the medium and long term.
In January this year, Vietnam exported 94,100 tons of tianjiao, an increase of 1.
7% year-on-year and a decrease of 23%
month-on-month.
This month, exports to China Tianjiao reached 64,000 tons, up 31% year-on-year and down 23%
month-on-month.

Alliance Tire Americas raised tire prices on April 1 this year, with slight differences of around 8% due to different products
.
The products involved cover commercial tires and engineered tires
.
The head of the company said that due to the significant increase in the cost of natural rubber and other raw materials in tire production, it is also imperative to raise prices
.