Shanghai rubber oscillation is strong, and the night session is weak

Night trading: Shanghai rubber RU1809 contract opening price 11515 yuan / ton, the highest price 11565 yuan / ton, the lowest price 11420 yuan / ton, the closing price 11425 yuan / ton; Down 90 yuan / ton, down 0.
78%.

The opening price of the Nichijiao 1809 contract is 183.
3 yen/kg, the highest price is 185 yen/kg, the lowest price is 182.
2 yen/kg, and the closing price is 184.
8 yen/kg; The trading volume was 2742 lots, and the position volume was 13094 lots
.

Domestic sales area market quotation: Shanghai market, Yunnan 16 years full latex quotation 10500/10600 (+100/+200) yuan / ton; Shandong market, Yunnan 16-year full latex quotation of 10600 (+150) yuan / ton; Hengshui market, Yunnan 16-year whole milk quotation 10200 (+100) yuan / ton, Yunnan market, 17 years full latex quotation 11200 (+100) 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 421240 tons
.
Among them, Shanghai increased by 1290 tons, Yunnan Ping, Shandong increased by 1280 tons, Tianjin Ping, Hainan Ping
.

The Shanghai rubber 1809 contract was strong intraday volatility on Friday and weakened
overnight.
From the 60-minute K-line chart, the K-line returns to the lower part of the moving average system, and the technical indicator MACD red bar turns green; On the daily chart, the K line oscillates near the 10-day moving average, the short-term moving average is flat, and the technical indicator MACD red column continues
.
Trading volume decreased, positions increased, and the technical picture was weak
.
The top 20 members held positions, long orders 94820 (+1939), short orders 126824 (+1333), net short 32004 lots
.

According to the General Administration of Customs, in March 2018, China imported a total of 578,000 tons of natural and synthetic rubber (including latex), down 16.
6% year-on-year and up 52.
9%
month-on-month.
In the first quarter, China imported 1.
768 million tons of natural and synthetic rubber (including latex), down 6.
5%
year-on-year.
Among them, January increased by 36.
7% year-on-year, February fell 32.
5% year-on-year, and March fell 16.
6%
year-on-year.

We believe that as of the close of the night trading 05-09 price difference closed at 380 yuan / ton, 09-01 price difference closed at 2070 yuan / ton, the spot of premium whole milk was 825 yuan / ton, and the spot of premium mixed rubber was 1125 yuan / ton
.
Exchange warehouse receipts continue to increase, downstream expectations are still weak, and the contradiction between supply and demand still exists
.
In the domestic production area, Yunnan's production has increased by half a month in advance, and Hainan is about to start cutting, but I heard that powdery mildew is serious, which may delay the cutting date
.
It is expected to be dominated by intraday volatility today
.