Shanghai rubber is strong intraday oscillation, and the night session is weaker

Night trading: RU1809 contract opening price 11605 yuan / ton, the highest price 11605 yuan / ton, the lowest price 11400 yuan / ton, the closing price 11525 yuan / ton; Down 80 yuan / ton, down 0.
69%.

Domestic sales area market quotation: Shanghai market, Yunnan 16 years full latex quotation 10700/10800 (-100/0) yuan / ton; Shandong market, Yunnan 16-year full latex quotation 10700/10800 (0/0) yuan/ton; Hengshui market, Yunnan 16-year whole milk quotation 10350 (-50) yuan / ton, Yunnan market, 17 years full latex quotation 10800 (-300) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period increased by 670 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 426540 tons
.
Among them, Shanghai decreased by 70 tons, Yunnan Ping, Shandong increased by 170 tons, Tianjin increased by 600 tons, and Hainan decreased by 30 tons
.
As of April 16, the total rubber stock in Qingdao Free Trade Zone was 204,900 tons, down 21,600 tons, of which natural rubber stocks were 90,700 tons, down 17,100 tons
.

The Shanghai rubber 1809 contract was strong and volatile on Monday, and weakened overnight
.
From the 60-minute K-line chart, the K-line fell back below the short-term moving average, above the 40 and 60-day moving averages, the technical indicator MACD red column turned green; On the daily chart, the 20-day moving average on the K line station, the technical indicator MACD red column continued
.
The trading volume decreased, the position volume increased, and the technical picture was strong
.
The top 20 members held positions, long 106935 (+1435), short orders 149269 (+4540), net short 42334 lots
.

We believe that as of the close of the night trading 05-09 price difference closed at 390 yuan / ton, 09-01 price difference closed at 1890 yuan / ton, the plate premium whole milk spot 825 yuan / ton, the premium mixed glue spot 925 yuan / ton
.
Exchange warehouse receipts continue to increase, downstream expectations are still weak, and the contradiction between supply and demand still exists
.
Cai Lian News Agency on April 23, the US Treasury Department said in a statement that it will postpone the termination of business relations between the United States and Rusal until October 23
.
Alcoa fell 8% premarket, and LME aluminum is now down 6.
5%.

The market was affected by the news, and the non-ferrous sector fell sharply, rebounding slightly after opening sharply lower in the night session, weakening the overall sentiment of commodities
.
It is expected to be dominated by oscillating trends during the day, with a range of 11000-12000
.