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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber oscillated to the upside, and the increase was obvious

    Shanghai rubber oscillated to the upside, and the increase was obvious

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1705 contract is 17860 yuan / ton, the highest price is 18995 yuan / ton, the lowest price is 17825 yuan / ton, and the closing price is 18970 yuan / ton; The trading volume was 525384 lots, and the position volume was 277264 lots, an increase of 18,558 lots
    over the previous trading day.

    Shanghai rubber

    Night trading: RU1705 contract opened at 18985 yuan / ton, the highest price was 19085 yuan / ton, the lowest price was 18880 yuan / ton, and the closing price was 18995 yuan / ton, up 10 yuan / ton, or 0.
    05%.

    Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation 17000 (+600) yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 17000 (+600) yuan / ton; Hengshui market, 15-year state-owned whole milk tax-free quotation 16300 (+300) yuan / ton, Yunnan market, 16 years full latex quotation 17500 (+500) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 2570 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 242940 tons
    .
    Among them, Shanghai increased by 1280 tons, Yunnan increased by 300 tons, Shandong increased by 990 tons, Tianjin Ping, Hainan Ping
    .

    The main contract of Shanghai rubber 1705 opened high on Monday, and the night trading was flat
    .
    From the 60-minute K-line chart, the K-line rose back above the 5-day moving average, the moving average system went well, and the technical indicator MACD red column continued; On the daily chart, the K-line broke through the moving average system, and the MACD green column showed signs of
    narrowing.
    The volume and position increased
    .
    Overall, the technical side is strong
    .

    The top 20 members held positions, long order 76770 (+8448), short order 85604 (+5973), net short 8834
    .

    Comprehensive analysis, Shanghai rubber oscillated upward on Monday, with obvious gains
    .
    Global fundamentals have improved, and the view
    of bottoming out and stabilizing is maintained in the medium and long term.
    The 01-05 spread closed at 540
    as of the close.
    It is expected that the Shanghai rubber will be dominated by strong volatility during the day, and it is recommended that investors go long on the dip and do not chase long
    .
    The floods in southern Thailand may have an impact on the supply of tianjiao, which has so far reduced production by more than 20%
    compared with the same period last year.
    Butadiene is nervously supporting the rise in the price of synthetic rubber, and the repair of the spread is expected to drive the price of tianjiao
    upward.

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