Shanghai rubber bears began to exert force, and prices maintained a weak posture

In the past week, the total position of Shanghai rubber 1805 contract has decreased slightly, and the position of the top 20 seats has shown a pattern
of long and short increase.
Position data shows that the position of the top 20 long positions fell from 89,318 on March 2 to 88,973 on March 9, a cumulative decrease of 345 lots; The position of the top 20 bears recovered from 123580 to 127803, a cumulative increase of 4223 lots
.
Due to the fact that the measures of rubber-producing countries to intervene in rubber prices have not yet been implemented, the prospects are confusing, and the domestic tire industry has not yet centralized procurement of raw materials, the air side took the opportunity to make efforts, so that last week, the net short position of the top 20 seats in the Shanghai rubber 1805 contract increased significantly, from 34262 lots on March 2 to 38830 hands on March 9, a net increase of 4568 lots, an increase of 13.
33%.

On the single-day position, on March 9, among the top 20 seats of the Shanghai rubber 1805 contract, both the long and short sides showed a significant increase in holdings, but the short increase was significantly stronger than the long.

Among them, the long position increased by 1410 lots, and the short position increased by 5004 lots
.

Specifically, among the top 20 bulls, 12 seats were increased and 8 seats were reduced
.
Among them, Yongan Futures and Shenwan Futures were the top in terms of increase, increasing by 493 and 463 respectively
.
At the same time, the seats of GF Futures, Huatai Futures, Zhejiang Futures, Luzheng Futures, Guohai Liangshi Futures, Zhongda Futures and Ruida Futures (blog, Weibo) also increased their holdings significantly, increasing by 270, 296, 270, 204, 153, 147 and 157 respectively
.
In terms of reduction, except for Haitong Futures, SDIC Anxin Futures and China International Futures (blog, Weibo) by 564, 258 and 118 respectively, the remaining seats have limited their holdings
.

Of the top 20 bears, 12 were overweight and 8 were reduced
.
Among them, Industrial Futures Seats, Haitong Futures Seats, Huatai Futures Seats and China International Futures seats were the top in terms of increasing their holdings, increasing by 1640 lots, 1021 lots, 565 lots and 563 lots respectively
.
At the same time, Guotai Junan Futures Seat, International Trade Futures Seat, CITIC Futures Seat, Orient Futures Seat, Founder Medium-term Futures Seat and China International Futures Seat also increased their holdings significantly, increasing by 406 lots, 378 lots, 321 lots, 473 lots, 470 lots and 563 lots respectively
.
In terms of reduction, except for BOC International Futures Seat, Earth Futures Seat and Shenwan Futures Seat reduced their holdings by 213 lots, 226 lots and 535 lots respectively, the remaining seats were limited
in reducing their holdings.

Domestic tire companies are cautious about the future growth of new orders, currently mainly to complete existing orders, later finished products or enter the accumulation stage, resulting in slow expansion of consumption expectations, driven by the lack of demand in the rubber market, and prices are expected to remain weak this week
.