echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber is strong oscillating The candlestick returns above the moving average

    Shanghai rubber is strong oscillating The candlestick returns above the moving average

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The opening price of Shanghai rubber RU1609 contract is 11490 yuan / ton, the highest price is 11720 yuan / ton, the lowest price is 11460 yuan / ton, and the closing price is 11710 yuan / ton; The trading volume was 565170 lots, and the position volume was 262008 lots, an increase of 6704 lots
    from the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1608 contract was 173.
    8 yen/kg, the highest price was 176.
    6 yen/kg, the lowest price was 173.
    8 yen/kg, and the closing price was 175.
    2 yen/kg, with a volume of 2285 lots and a position of 11614 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 10750 (+100) in Shanghai; 14 years of Yunnan state-owned whole milk 10750 (+100) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui is 10550 (-50) yuan / ton, and the 15-year private whole latex price in Yunnan is 10700 (0) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 90 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 237870 tons
    .
    Among them, Shanghai decreased by 10 tons, Shandong increased by 100 tons, Yunnan Ping, Hainan Ping, Tianjin Ping
    .

    Shanghai rubber RU1609 was strong on
    Friday.
    From the 60-minute K-line chart, the K-line returns to the top of the moving average system, and the technical indicators MACD and KDJ go well; On the daily chart, the K line continues to stand above the 20-day moving average, MACD remains weak, KDJ shows signs of improvement, trading volume shrinks, and positions expand.

    Comprehensive analysis, Indonesian government agencies and state-owned enterprises will buy 500,000 tons of domestic rubber to help support prices
    .
    From the perspective of technical analysis, Shanghai rubber today estimates that the probability of strong oscillations (11200-12200) is relatively large
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.