Shanghai rubber is mainly volatile, and the market has returned to weakness

Night trading: Shanghai rubber RU1805 contract opened at 12930 yuan / ton, the highest price was 12955 yuan / ton, the lowest price was 12780 yuan / ton, and the closing price was 12815 yuan / ton; It fell by 115 yuan / ton, or 0.
89%.

The opening price of the Nippon 1807 contract is 188.
6 yen/kg, the highest price is 194.
6 yen/kg, the lowest price is 188.
5 yen/kg, and the closing price is 194.
1 yen/kg; The trading volume was 5637 lots, and the position volume was 17925 lots
.

Domestic sales area market quotation: Shanghai market, Yunnan 16 years full latex quotation 12050 (+50) yuan / ton; Shandong market, Yunnan 16-year full latex quotation of 12050 (+50) yuan / ton; Hengshui market, Yunnan 16-year whole milk quotation 11600/11700 (+0/+100) yuan / ton, Yunnan market, 17 years full latex quotation 12300 (-100) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period increased by 1100 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 391480 tons
.
Among them, Shanghai increased by 200 tons, Yunnan Ping, Shandong increased by 900 tons, Tianjin Ping, Hainan Ping
.

The Shanghai rubber 1805 contract was volatile and strengthened yesterday, and fell back in overnight trading
.
From the 60-minute K-line chart, the K-line is below the short-term moving average, the short-term moving average turns around, and the technical indicator MACD red bar narrows; On the daily chart, the K-line is above the short-term moving average, and the technical indicator MACD green bar turns red
.
Trading volume and position volume decreased, and the technical picture was strong
.
The top 20 members held positions, long 92916 (-2028), short 129534 (-3614), net 36618 lots
.

Raw material prices in Thailand rose
.
05-09The price difference was expanded to 405 yuan / ton, the spot of premium whole milk was 765 yuan / ton, and the spot of premium mixed rubber was 1615 yuan / ton
.
Affected by the news of the Thai government's rubber plantation suspension and market sentiment, the market is higher, but we expect it to be difficult to continue to rise, and the market will eventually return to weak fundamentals, suggesting that investors still maintain the range operation idea, pay attention to the peripheral, domestic policies and the overall commodity market sentiment impact
.
It is expected that Shanghai rubber will be mainly oscillating, with a range of 12500-13000
.