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Rubber small pullback market may have repeated

 Last Update: 2022-12-17
 Source: Internet
 Author: User

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On the 12th, natural rubber pulled back slightly, RU2005 closed at 11450 points, down 0.
13%.

NR2004 closed at 9660 points, up 0.
36%.

rubber

In terms of fundamentals, southern Thailand is approaching the mid-February shutdown period, and the current heavy leaf loss of gum trees and arid weather conditions may affect rubber
tapping.
At present, tire factories are gradually resuming work, but affected by transportation, shortage of personnel, etc.
, the proportion of resumption of work is low, rubber mainly uses inventory, spot procurement is not strong
.
In terms of warehouses, there is a large backlog of goods in the port, and the future inbound volume is expected to increase
rapidly.
In terms of price, synthetic rubber is currently 10300-10400 yuan, mixed glue is 10900-11000 yuan, and the replacement of synthetic rubber still exists
.

Overall, the absolute price of natural rubber is currently low, and after the gradual easing of the epidemic, rubber demand is expected to recover rapidly, strengthening price support, and there are medium-term market opportunities
.

In terms of trading strategy, changes in the epidemic are still the core factors affecting rubber prices, and the short-term market expects cautious trading and expected market fluctuations
.
In terms of arbitrage, the far month contract is expected to be stronger than the front month contract, and the position is short 5 more than 1 combination
.
In terms of short-term trading, intraday trading is the mainstay
.
In the medium term, the RU2009 contract is waiting for a pullback and has a long layout
.

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