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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber oscillated up and sold short on the rebound

    Shanghai rubber oscillated up and sold short on the rebound

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 10240 yuan / ton, the highest price is 10470 yuan / ton, the lowest price is 10145 yuan / ton, and the closing price is 10445 yuan / ton; The trading volume was 622626 lots, and the position volume was 354914 lots, a decrease of 14,684 lots
    from the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1611 contract is 156.
    3 yen/kg, the highest price is 158.
    6 yen/kg, the lowest price is 156.
    0 yen/kg, and the closing price is 157.
    5 yen/kg; The trading volume is 6965 lots, and the position volume is 10057 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 9950 (+150) in Shanghai; 14-year Yunnan state-owned whole milk 9950 (+150) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui is 9600 (+100) yuan/ton, and the 15-year private whole milk tax-free quotation is 9700 yuan/ton (+100) yuan/ton; Yunnan's 16-year private full latex quotation was 10300 (+100) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period decreased by 660 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 301200 tons
    .
    Among them, Shanghai decreased by 60 tons, Shandong decreased by 140 tons, Yunnan decreased by 160 tons, Hainan decreased by 20 tons, and Tianjin decreased by 280 tons
    .

    Holdings of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 86568 (-3148), short positions 108812 (-3824), and net short positions of 22244
    .

    The main contract of Shanghai Rubber 1609 fluctuated upwards
    after the downward probe.
    From the 60-minute K-line chart, the K-line rose to the 60-day moving average pressure position, the technical indicator MACD red bar appeared, and the yellow and white line golden cross; On the daily chart, the K line closed positive, but still below the 5 and 10-day moving averages, the MACD green column shortened, and the trading volume and position declined
    .

    Comprehensive analysis, Shanghai rubber rose yesterday, there was no obvious change in fundamentals, and overseas US dollar rubber quotations fell
    .
    From the perspective of technical analysis, Shanghai Rubber is expected to continue the volatile pattern
    today.
    Warehouse receipt pressure suppresses 09 contract repair space, Shanghai rubber fundamentals are still expected to be short, the current long entry conditions are not sufficient, it is recommended that investors grasp the rhythm, pay attention to the overall market sentiment changes, and sell short when the rebound is not suitable
    .

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