Shanghai rubber shock strengthened, night trading continued

Night trading: Shanghai rubber RU1801 contract opened at 16615 yuan / ton, the highest price was 17305 yuan / ton, the lowest price was 16590 yuan / ton, and the closing price was 17185 yuan / ton; Up 570 yuan / ton, an increase of 3.
43%.

The opening price of the Nippon 1801 contract is 216.
1 yen/kg, the highest price is 217.
9 yen/kg, the lowest price is 215.
6 yen/kg, and the closing price is 216.
4 yen/kg; The trading volume was 1947 lots, and the position volume was 9811 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation of 13100 yuan / ton; Shandong market, Yunnan 15-year full latex quotation of 13100 yuan / ton; Hengshui market, Yunnan 15-year whole milk quotation 12600 yuan / ton, Yunnan market, 17-year full latex quotation 13700 yuan / ton
.

Qingdao bonded zone composite rubber, mixed glue spot quotation: SMR20 compound, mixing 13300-13500 (0/0), STR20 compound, mixing 13300-13500 (0/0).

The warehouse receipts of natural rubber futures in the previous period increased by 250 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 358410
.
Among them, Shanghai decreased by 420 tons, Yunnan decreased by 30 tons, Shandong increased by 150 tons, Tianjin decreased by 50 tons, and Hainan increased by 600 tons
.

The Shanghai rubber 1801 contract was volatile and stronger on Friday, and the night session continued
.
From the 60-minute candlestick chart, the K-line rose back above the moving average system, hitting a new recent high of 17305 technical indicator MACD red bar amplified; On the daily chart, the K-line is above the moving average system, and the technical indicator MACD green bar turns red
.
The trading volume decreased, the position volume increased, and the technical picture was strong
.
The top 20 members held positions, long 89646 (+244), short 119052 (-326), net 29406 lots
.

The Shanghai rubber 1801 contract was volatile and stronger on Friday, and the night session continued
.
The September contract is currently under pressure from warehouse receipt delivery, which is weak compared to the far month contract, and the spread closed at 3460 by the end of the night, and we expect the spread to remain at a high level
.
Support below the 1801 contract is 16000
.
For now
, investors should still focus on the idea of bargain hunting.
As of September 1, rubber stocks in Qingdao Free Trade Zone fell sharply from the previous period, falling 10.
2% to 203,300 tons, a decrease of 23,100 tons
.
Among them, natural rubber inventories fell 12.
7% from August 14, which was the main driving force
for the sharp decline in total rubber inventories.
In addition, inventories of synthetic rubber also decreased
slightly.
According to the survey, the inventory of RMB mixed rubber outside the region increased more
.