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    Home > Chemicals Industry > New Chemical Materials > Rubber prices are under pressure to decline, and Shanghai rubber continues to be weak

    Rubber prices are under pressure to decline, and Shanghai rubber continues to be weak

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 10440 yuan / ton, the highest price is 10455 yuan / ton, the lowest price is 10170 yuan / ton, and the closing price is 10255 yuan / ton; The trading volume was 622680 lots, and the position volume was 339098 lots, an increase of 2982 lots
    over the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1610 contract is 157.
    2 yen/kg, the highest price is 161.
    3 yen/kg, the lowest price is 154.
    5 yen/kg, and the closing price is 155.
    4 yen/kg; The trading volume was 7759 lots, and the position volume was 14831 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 10,000 (+100) in Shanghai; 14 years Yunnan state-owned whole milk 10000 (+100) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui area is 9900 (+100) yuan / ton, and the 15-year private whole milk tax-free quotation is 10000 yuan / ton (+100) yuan / ton; Yunnan's 16-year private full latex quotation was 10300 (+100) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 2590 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 297460 tons
    .
    Among them, Shanghai increased by 1280 tons, Shandong decreased by 300 tons, Yunnan increased by 1790 tons, Hainan Ping and Tianjin decreased by 180 tons
    .

    Holdings of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 83970 (+964), short positions 103917 (+244), and net short 19947
    .

    The main contract of Shanghai rubber 1609 was weak and volatile
    on Wednesday.
    From the 60-minute K-line chart, the K-line closed above the 20-day moving average, and the technical indicator MACD green bar turned red; On the daily chart, the K line closed negative below the 5-day moving average, the MACD green bar continued, the trading volume increased significantly, and the position volume increased
    slightly.

    Comprehensive analysis, after the sharp fall of Shanghai rubber, spot fell with the fall, and the price of raw materials in Thailand's Hat Yai market continued to decline
    .
    From the perspective of technical analysis, Shanghai Rubber is expected to continue the weak shock pattern
    tomorrow.
    Southeast Asia has eased drought and is expected to be fully cut
    in June.
    The pressure of warehouse receipts suppresses the 09 contract repair space, and it is recommended that investors grasp the rhythm and sell short when they rebound, and it is not suitable to chase short
    .

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