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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber oscillations to the downside, the night session continues to be weak

    Shanghai rubber oscillations to the downside, the night session continues to be weak

    • Last Update: 2022-12-04
    • Source: Internet
    • Author: User
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    Daily trading: Shanghai rubber RU1705 contract opening price 18605 yuan / ton, the highest price 18665 yuan / ton, the lowest price 17660 yuan / ton, the closing price 17780 yuan / ton; The trading volume was 473724 lots, and the position volume was 283816 lots, an increase of 27518 lots
    from the previous trading day.

    Shanghai rubber

    Night trading: Shanghai rubber RU1705 contract opened at 17855 yuan / ton, the highest price was 17915 yuan / ton, the lowest price was 17735 yuan / ton, and the closing price was 17790 yuan / ton; It fell by 65 yuan / ton, or 0.
    36%.

    The opening price of the Nippon 1708 contract is 269.
    1 yen/kg, the highest price is 270.
    4 yen/kg, the lowest price is 257.
    6 yen/kg, and the closing price is 258.
    4 yen/kg; The trading volume was 8861 lots, and the position volume was 6829 lots
    .

    Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation 16600 (-700) yuan / ton; Shandong market, Yunnan 15-year full latex quotation 16600 (-700) yuan / ton; Hengshui market, 15-year Yunxiang whole milk quotation 16000 yuan / ton (-700) yuan / ton, Yunnan market, 16 years private full latex offer 18000 (-200) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 310 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 277990 tons
    .
    Among them, Shanghai decreased by 120 tons, Yunnan Ping, Shandong decreased by 70 tons, Tianjin increased by 500 tons, Hainan Ping
    .

    The main contract of Shanghai rubber 1705 fluctuated to the downside on Wednesday, and continued to be weak
    in overnight trading.
    From the 60-minute K-line chart, the K-line oscillated near the 5-day moving average, the moving average weakened, and the technical indicator MACD green column continued; On the daily chart, the candlestick fell back below the short-term moving average, and the MACD green column continued
    .
    The volume and position increased
    .
    Overall, short-term technical aspects are weak
    .

    Comprehensive analysis, Shanghai rubber oscillation downward on Wednesday, 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
    .
    Overnight crude oil futures fell sharply to the lower edge of the range, butadiene prices revised sharply downward, and it is expected that the intraday will still be dominated by weak shocks, which can be shorted on the rebound
    .

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