echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber oscillation is the main night market continues

    Shanghai rubber oscillation is the main night market continues

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Daily market: Shanghai rubber RU1705 contract opening price 17700 yuan / ton, the highest price 17920 yuan / ton, the lowest price 17150 yuan / ton, the closing price 17820 yuan / ton; The trading volume was 491128 lots, and the position volume was 266382 lots, a decrease of 6126 lots
    from the previous trading day.

    Shanghai rubber

    Night trading: Shanghai rubber RU1705 contract opened at 17805 yuan / ton, the highest price was 17875 yuan / ton, the lowest price was 17680 yuan / ton, and the closing price was 17780 yuan / ton; Down 25 yuan / ton, down 0.
    14%.

    Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation 16200 (-200) yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 16200 (-200) yuan / ton; Hengshui market, 15-year Yunxiang whole milk quotation 15600 yuan / ton (-300) yuan / ton, Yunnan market, 16 years private full latex offer 17200 (-100) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 1640 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 279170 tons
    .
    Among them, Shanghai increased by 1560 tons, Yunnan Ping, Shandong decreased by 20 tons, Tianjin Ping, Hainan increased by 100 tons
    .

    The main contract of Shanghai rubber 1705 was range-bound on Monday, and the night trading continued
    .
    From the 60-minute K-line chart, the K-line returns above the 20-day moving average, and the technical indicator MACD red bar is enlarged; On the daily chart, the candlestick returns above the 5-day moving average, and the MACD green bar continues
    .
    Volume increased, position volume decreased
    .
    Overall, short-term technical aspects are weak
    .

    Comprehensive analysis, Shanghai rubber oscillations on Monday, night trading continued
    .
    From the perspective of futures reflecting expectations, the rise in rubber in the early stage has fully realized the positive, market sentiment has changed, we expect 22,000 points may be the high point of the year, and may continue to fall
    .
    Yesterday was boosted by black varieties such as threads and stabilized, but its own fundamentals showed no signs of improvement, and it is expected that the Shanghai rubber range will fluctuate during the day, and it is recommended that investors should wait and see.

    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.