Industrial products strengthened, and Shanghai rubber took the opportunity to rebound upward

From the perspective of the data of large internal reference positions, Hujiao 1805 still shows that Yongan futures bears dominate the situation, and the long and short main seats have not significantly increased and reduced positions
.

For today's rally, we believe there are mainly the following reasons:

First of all, the Thai side released news on the evening of the 22nd that the Ministry of Agriculture plans to suspend rubber tapping in the country's 3 million rai rubber plantations from May to July for 3 months, affected by Thailand's "price up" measures, the Shanghai rubber night market directly opened high and went high, sweeping away the haze
before the holiday.

Secondly, Shanghai rubber fell sharply before the holiday, falling continuously from 14,500 yuan / ton to around 12,000 yuan / ton, and there is a demand for rebound in short-term technical aspects; At the same time, with the stimulation of policy news, the willingness of speculative bulls to "bottom-hunt" at the current absolute value is relatively low
.

Moreover, with the end of the Spring Festival holiday, downstream factories gradually resumed production, demand continued to strengthen, and in February, most of the main foreign production areas also entered the suspension period, the pressure on the supply side was greatly reduced, and the time window for the mismatch between supply and demand was temporarily entered, which also provided the bulls with the logic
of going long.

Finally, from the perspective of the overall commodity plate, most of the varieties of today's market are red, especially the strengthening of industrial products has created a better atmosphere
for Shanghai rubber.
Therefore, under the influence of many favorable factors, Shanghai rubber took the opportunity to rebound
upward.