echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Long positions increased to push Shanghai rubber futures prices to continue to rise

    Long positions increased to push Shanghai rubber futures prices to continue to rise

    • Last Update: 2022-12-08
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Last week, after the main 1805 contract of Shanghai rubber opened higher in the morning, futures prices continued to rise
    , driven by the increase in long positions.
    However, the bulls did not have enough stamina to push up, and the bears took the opportunity to suppress, and the futures price retreated, while the exit of some bulls caused the futures price to fall back below
    the 10,000 mark.
    However, resistance near the integer mark was strong, and the futures price retraced slightly, and regained the 10,000 mark at the end of the day
    .

    Shanghai rubber

    The data of the top 20 seats of long and short positions on the exchange shows that the 1805 contract has a trend of long and short and reduced
    .
    Among them, the bulls reduced their holdings by 826 and the bears reduced their holdings by 915, and the range of long and short reductions was basically the same
    .

    Specifically, among the top 20 long positions in the 1805 contract, only 6 seats have increased their long positions, and the maximum increase is not more than 300.

    Among the 13 seats that reduced their holdings, most of them were concentrated within 200, and only Haitong Futures reduced their holdings by 425
    .

    Among the top 20 short positions, there are 9 seats that increase their short orders, and the overall increase is small, mostly concentrated within
    200.
    Among the 11 seats that reduced their short orders, except for Galaxy Futures seats that significantly reduced their holdings by 900, the rest of the seats were not adjusted much
    .

    It is worth noting that on the same day, while reducing its holdings of 242 long orders, CITIC Futures increased its holdings by 220 short orders, increasing its net short orders to 1389; While reducing its long position by 425, Haitong Futures increased its holdings by 45 short orders, increasing its net short orders to 3034; Guotai Junan seat and Ruida futures seat also made similar long reduction and short increase operations
    on the same day.
    The above seats are more pessimistic
    about the future market.

    By observing the trend of the main position, the author found that the adjustment range of the top 20 and short main seats in the position was generally small, reflecting the wait-and-see attitude
    of funds to the future market.
    At the same time, the power of increasing and reducing the short is comparable to the power of reducing the long and short increases, or indicates that the future market is near the Wansan Pass, and the two sides will still compete fiercely
    .

     

    TargetA("divcontent"); TargetB();

    Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
    only.
    If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
    it.

    Share to:
    Responsible editor: Wu Qinshu
    Previous:Shanghai rubber low opening oscillation position reduction

    By observing the trend of the main position, the author found that the adjustment range of the top 20 and short main seats in the position was generally small, reflecting the wait-and-see attitude
    of funds to the future market.
    At the same time, the power of increasing and reducing the short is comparable to the power of reducing the long and short increases, or indicates that the future market is near the Wansan Pass, and the two sides will still compete fiercely
    .

     

    TargetA("divcontent"); TargetB();

    Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
    only.
    If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
    it.

    Share to:
    Responsible editor: Wu Qinshu
    Previous:Shanghai rubber low opening oscillation position reduction

    By observing the trend of the main position, the author found that the adjustment range of the top 20 and short main seats in the position was generally small, reflecting the wait-and-see attitude
    of funds to the future market.
    At the same time, the power of increasing and reducing the short is comparable to the power of reducing the long and short increases, or indicates that the future market is near the Wansan Pass, and the two sides will still compete fiercely
    .

     

    By observing the trend of the main position, the author found that the adjustment range of the top 20 and short main seats in the position was generally small, reflecting the wait-and-see attitude
    of funds to the future market.
    At the same time, the power of increasing and reducing the short is comparable to the power of reducing the long and short increases, or indicates that the future market is near the Wansan Pass, and the two sides will still compete fiercely
    .

     

    TargetA("divcontent"); TargetB();

    Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
    only.
    If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
    it.

    Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
    only.
    If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
    it.

    Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
    only.
    If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
    it.
    Share to:
    Share to:
    Responsible editor: Wu Qinshu
    Responsible editor: Wu Qinshu
    Responsible editor: Wu Qinshu
    Previous:Shanghai rubber low opening oscillation position reduction
    Previous:Shanghai rubber low opening oscillation position reduction
    Shanghai rubber low opening oscillation position reductionShanghai rubber reduced its position and increased the futures price to close higher
    Related information
    Related information
    • [2022-09-19]Macro disturbance and weak fundamentals Shanghai rubber disk has limited upside
    • [2022-09-13]Shanghai rubber maintained a weak sideways oscillation operation
    • [2022-08-29]Domestic demand improves slowly Rubber prices continue to fluctuate at a low level
    • [2022-07-25]Shanghai rubber prices hit a new low in the year, and there is a high possibility of continued volatility
    • [2022-11-14]Rubber prices continue to rise, but downstream demand remains weak
    • [2022-09-19]Macro disturbance and weak fundamentals Shanghai rubber disk has limited upside
    • [2022-09-13]Shanghai rubber maintained a weak sideways oscillation operation
    • [2022-08-29]Domestic demand improves slowly Rubber prices continue to fluctuate at a low level
    • [2022-07-25]Shanghai rubber prices hit a new low in the year, and there is a high possibility of continued volatility
    • [2022-11-14]Rubber prices continue to rise, but downstream demand remains weak
  • [2022-09-19]Macro disturbance and weak fundamentals Shanghai rubber disk has limited upside
  • [2022-09-19]Macro disturbance and weak fundamentals Shanghai rubber disk has limited upside
    [2022-09-19]Macro disturbance and weak fundamentals Shanghai rubber disk has limited upside
  • [2022-09-13]Shanghai rubber maintained a weak sideways oscillation operation
  • [2022-09-13]Shanghai rubber maintained a weak sideways oscillation operation
    [2022-09-13]Shanghai rubber maintained a weak sideways oscillation operation
  • [2022-08-29]Domestic demand improves slowly Rubber prices continue to fluctuate at a low level
  • [2022-08-29]Domestic demand improves slowly Rubber prices continue to fluctuate at a low level
    [2022-08-29]Domestic demand improves slowly Rubber prices continue to fluctuate at a low level
  • [2022-07-25]Shanghai rubber prices hit a new low in the year, and there is a high possibility of continued volatility
  • [2022-07-25]Shanghai rubber prices hit a new low in the year, and there is a high possibility of continued volatility
    [2022-07-25]Shanghai rubber prices hit a new low in the year, and there is a high possibility of continued volatility
  • [2022-11-14]Rubber prices continue to rise, but downstream demand remains weak
  • [2022-11-14]Rubber prices continue to rise, but downstream demand remains weak
    [2022-11-14]Rubber prices continue to rise, but downstream demand remains weak
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.