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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber remains near and weak, far strong, and the shock is weak

    Shanghai rubber remains near and weak, far strong, and the shock is weak

    • Last Update: 2022-12-03
    • Source: Internet
    • Author: User
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    Daily trading: Shanghai rubber RU1701 contract opened at 12680 yuan / ton, the highest price was 13075 yuan / ton, the lowest price was 12680 yuan / ton, and the closing price was 13035 yuan / ton; The trading volume was 753024 lots, and the position volume was 279360 lots, an increase of 31240 lots
    over the previous trading day.

    Shanghai rubber

    Night trading: Shanghai rubber RU1701 contract opened at 12985 yuan / ton, the highest price was 13010 yuan / ton, the lowest price was 12880 yuan / ton, and finally closed at 12940 yuan / ton, down 45 yuan / ton, down 0.
    35%.

    Domestic sales area market
    .
    14-year state-owned full latex 10500 (+50) in Shanghai; 14 years Yunnan state-owned whole milk in Shandong 10450 (0); The 14-year state-owned whole milk tax-free price in Hengshui area is 10150 (+50) yuan / ton, and the 15-year private whole milk tax-free quotation is 10300 yuan / ton (0) yuan / ton; Yunnan's 16-year private full latex quotation was 10750 (+200) yuan / ton
    .

    The last natural rubber futures warehouse receipt decreased by 890 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 310910 tons
    .
    Among them, Shanghai increased by 280 tons, Yunnan Ping, Shandong decreased by 330 tons, Tianjin decreased by 840, Hainan Ping
    .

    The main contract of Shanghai rubber 1701 was strongly volatile on Friday, and fell slightly in overnight trading
    .
    From the 60-minute K-line chart, the K-line fell back above the 10-day moving average, the technical indicator MACD red bar narrowed, and the moving average system strengthened; On the daily chart, the K line closes above the moving average system, the center of gravity rises, and the MACD red column continues
    .
    Lower support at 12520
    .
    Volume and position volume amplification
    .
    Overall, the technical side is strong
    .

    Positions of the main contract of Shanghai rubber (1701): the top 20 members have long positions of 66128 (+8003), short positions of 85604 (+8068), and net short positions of 19476
    .

    Comprehensive analysis, Shanghai rubber is strong and oscillating, and the night market is weak.

    For the 09 contract, we still maintain the previous view, please refer to the quotation
    of RMB composite rubber.
    Due to weather and other reasons, the lack of new rubber storage brought support to the 01 contract, and the 09-01 spread closed at 2325 as of the night session, and is expected to fluctuate
    around 2000.
    09 is likely to continue weakening
    in mid-to-late August.
    In the medium and long term, the view
    of weak volatility is maintained.

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