Shanghai rubber oscillation higher range operation is recommended

Night trading: Shanghai rubber RU1805 contract opened at 12510 yuan / ton, the highest price was 12765 yuan / ton, the lowest price was 12505 yuan / ton, and the closing price was 12695 yuan / ton; It rose 185 yuan / ton, or 1.
48%.

The opening price of the Nippon 1807 contract is 185.
8 yen/kg, the highest price is 185.
9 yen/kg, the lowest price is 183.
7 yen/kg, and the closing price is 185.
1 yen/kg; The trading volume was 2494 lots, and the position volume was 17678 lots
.

Domestic sales area market quotation: Shanghai market, Yunnan 16 years full latex quotation 11600 (+200) yuan / ton; Shandong market, Yunnan 16-year full latex quotation of 11600 (+200) yuan / ton; Hengshui market, Yunnan 16-year whole milk quotation 11200 (+200) yuan / ton, Yunnan market, 17-year full latex quotation 12100 (+100) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period increased by 800 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 390280 tons
.
Among them, Shanghai Ping, Yunnan Ping, Shandong increased by 800 tons, Tianjin Ping, Hainan Ping
.

The first trading day after the Shanghai rubber 1805 contract holiday was volatile and sorted out, and the night trading was higher
.
From the 60-minute K-line chart, the K-line rose back above the moving average system, and the technical indicator MACD red bar continued and enlarged; On the daily chart, the K line broke through the 10-day moving average upward, and the technical indicator MACD green column narrowed
.
The trading volume decreased, the position volume increased, and the technical picture was strong
.
The top 20 members held positions, long orders 96877 (+1747), short orders 135548 (+1681), net short 38671 lots
.

We believe that the contradiction between domestic supply and demand still exists, the inventory of exchanges and the inventory of the bonded area remain high, and the number of downstream replenishment is not as good as in previous years, which is still a weak pattern
in stages.
05-09 The spread was expanded to 390 yuan / ton, the spot of the plate premium whole milk was 1095 yuan / ton, and the spot of the premium mixed rubber was 1895 yuan / ton
.
Affected by the suspension plan of the Thai rubber plantation, the night trading volatility is higher, we recommend investors to operate the idea of range, the range range is 12200-13000
.