Shanghai rubber fell intraday volatility and recovered slightly in overnight trading

Night trading: Shanghai rubber RU1805 contract opening price 12635 yuan / ton, the highest price 12705 yuan / ton, the lowest price 12590 yuan / ton, the closing price 12685 yuan / ton; Up 50 yuan / ton, an increase of 0.
4%.

The opening price of the Nippon 1807 contract is 197.
8 yen/kg, the highest price is 198 yen/kg, the lowest price is 192.
3 yen/kg, and the closing price is 193.
7 yen/kg; The trading volume was 4462 lots, and the position volume was 10825 lots
.

Domestic sales area market quotation: Shanghai market, Yunnan 16 years full latex quotation 11500 (-150) yuan / ton; Shandong market, Yunnan 16-year full latex quotation 11500 (-150) yuan / ton; Hengshui market, Yunnan 16-year whole milk quotation 11100 (-200) yuan / ton, Yunnan market, 17 years full latex quotation 12200 (0) yuan / ton
.

The warehouse receipts of natural rubber futures increased by 1380 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 376120 tons
.
Among them, Shanghai decreased by 20 tons, Yunnan Ping, Shandong increased by 1300 tons, Tianjin increased by 100 tons, Hainan Ping
.

The Shanghai rubber 1805 contract fell intraday on Tuesday and recovered slightly in overnight trading
.
From the 60-minute K-line chart, the K-line rose above the 5-day moving average, and the technical indicator MACD green column narrowed; On the daily chart, the K-line is below the moving average system, and the technical indicator MACD green bar continues
.
The volume and position increased, and the technical picture was weak
.
The top 20 members held positions, long 112937 (+3502), short orders 155355 (+4113), net short 42418 lots, an increase of 547 lots
over yesterday.

Related Information:

1.
At the beginning of 2018, the heavy truck market in Anhui and Zhejiang encountered a "cold snap"
.
Weather factors such as the approaching Spring Festival, the slump in the freight market and the southern blizzard were the main reasons for the decline in sales, with tractors being the largest
decline.

We believe that the contradiction between domestic supply and demand still exists, the inventory of exchanges and the inventory of the bonded area remain high, and the number of downstream replenishment is not as good as in previous years, which is still a weak pattern
in stages.
Raw material prices in Thailand were flat from yesterday, and it was heard that the local government purchased raw materials to stabilize rubber prices
.
05-09 The spread narrowed slightly to 345, and the current price spread narrowed, with the spot of whole milk and 1685 yuan / ton of premium mixture
.
January heavy truck data released, bear market market market reaction to the news of the bullish flat, the market is more interpreted as the continuation of orders at the end of last year, tractor orders fell significantly
.
Yesterday by the impact of the U.
S.
stocks and other peripheral markets, Shanghai rubber significantly weakened, mainly or short expectations to drive funds to suppress the market, we recommend investors in the rebound short selling, temporarily to swing operation-based, the lower support level of 12500, the market may be repeated
.