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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber oscillations are the mainstay, and the bearish thinking in the medium and long term remains unchanged

    Shanghai rubber oscillations are the mainstay, and the bearish thinking in the medium and long term remains unchanged

    • Last Update: 2022-12-05
    • Source: Internet
    • Author: User
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    Daily market: Shanghai rubber RU1709 contract opening price 16590 yuan / ton, the highest price 16670 yuan / ton, the lowest price 16130 yuan / ton, the closing price 16300 yuan / ton; The trading volume was 533044 lots, and the position volume was 236764 lots, an increase of 9082 lots
    from the previous trading day.

    Shanghai rubber

    Night trading: Shanghai rubber RU1709 contract opening price 16295 yuan / ton, the highest price 16550 yuan / ton, the lowest price 16290 yuan / ton, the closing price 16510 yuan / ton; Up 215 yuan / ton, up 1.
    32%.

    The opening price of the Nippon 1708 contract is 249.
    1 yen/kg, the highest price is 250.
    5 yen/kg, the lowest price is 243.
    5 yen/kg, and the closing price is 244.
    5 yen/kg; The trading volume was 2539 lots, and the position volume was 7476 lots
    .

    Domestic sales area market: Shanghai market, Yunnan 15 years full latex quotation 15000 (-200) yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 15000 (-100) yuan / ton; Hengshui market, 15-year Yunxiang whole milk quotation 14400 yuan / ton (-300) yuan / ton, Yunnan market, 16 years private full latex offer 15700 (-100) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period decreased by 230 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 284040 tons
    .
    Among them, Shanghai decreased by 160 tons, Yunnan decreased by 60 tons, Shandong decreased by 10 tons, Tianjin Ping, Hainan Ping
    .

    The main contract of Shanghai rubber 1709 was range-bound on Thursday and continued
    overnight.
    From the 60-minute K-line chart, the K-line returned to above the 10-day moving average, the short-term moving average went well, and the technical indicator MACD red column continued; On the daily chart, the K-line oscillates near the 5-day moving average, and the MACD green column continues, showing signs of
    narrowing.
    Volume decreased slightly and positions increased
    .
    Overall, the short-term technical picture is neutral
    .

    Comprehensive analysis, Thursday's main contract was dominated
    by volatile trends throughout the day.
    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 the medium and long-term bearish thinking remains unchanged
    .

    It is expected that the Shanghai rubber will mainly fluctuate during the day, and there is a short-term technical repair possibility after the rapid decline, and it can be short near 17,000 at the high
    .

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