Shanghai rubber shock fell and the night session continued to be weak

Night trading: Shanghai rubber RU1801 contract opening price 15000 yuan / ton, the highest price 15000 yuan / ton, the lowest price 14775 yuan / ton, the closing price 14940 yuan / ton; Down 60 yuan / ton, down 0.
4%.

The opening price of the Nippon 1802 contract is 220.
2 yen/kg, the highest price is 221.
4 yen/kg, the lowest price is 212.
3 yen/kg, and the closing price is 213.
4 yen/kg; The trading volume was 7274 lots, and the position volume was 9680 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation of 12800 yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 12800 yuan / ton; Hengshui market, Yunnan 15-year whole milk quotation 12400 yuan / ton, Yunnan market, 17-year full latex quotation 13400 yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period decreased by 1280 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 370930
.
Among them, Shanghai decreased by 420 tons, Yunnan decreased by 410 tons, Shandong decreased by 320 tons, Tianjin decreased by 110 tons, and Hainan decreased by 20 tons
.
As of September 19, rubber stocks in Qingdao Free Trade Zone fell by about 8%.

Specifically, natural rubber inventories fell the most, reaching double digits
.
Synthetic rubber stocks showed an upward momentum, but synthetic rubber stocks such as benzene butadiene and cis-butadiene all declined slightly
.

The Shanghai rubber RU1801 contract fell in late Tuesday, and continued to be weak
in overnight trading.
From the 60-minute candlestick chart, the K-line is below the moving average system, and the technical indicator MACD green column continues to show signs of narrowing; On the daily chart, the K-line is arranged bearishly below the moving average system, and the technical indicator MACD green bar is enlarged
.
Trading volume decreased, positions increased, and the technical picture was weak
.
The top 20 members held positions, long 87972 (+2011), short 123127 (+842), net short 35155 lots
.

The Shanghai rubber RU1801 contract fell in late Tuesday, and continued to be weak
in overnight trading.
The price difference between new and old rubber quickly returns, arbitrage is about to come out, will form pressure on the market, in the medium and long term, bearish factors gradually appear, the probability of weakening rubber prices in the future is large, investors can sell short
at a high price.