echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber slightly sorted out upward range oscillation

    Shanghai rubber slightly sorted out upward range oscillation

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The opening price of Shanghai rubber RU1609 contract is 10930 yuan / ton, the highest price is 11100 yuan / ton, the lowest price is 10810 yuan / ton, and the closing price is 11000 yuan / ton; The trading volume was 707402 lots, and the position volume was 311054 lots, a decrease of 1588 lots
    from the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1612 contract is 150.
    6 yen/kg, the highest price is 154.
    8 yen/kg, the lowest price is 150 yen/kg, and the closing price is 152.
    7 yen/kg; The trading volume was 5258 lots, and the position volume was 12251 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 10600 (+300) in Shanghai; 14-year Yunnan state-owned whole milk 10600 (+200) in Shandong; The tax-free price of state-owned whole milk in Hengshui area for 14 years is 10100 (0) yuan / ton, and the price of private whole milk without tax in 15 years is 10300 yuan / ton (0) yuan / ton; Yunnan 16 years private full latex quotation of 10800 (+300) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 1450 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 304420 tons
    .
    Among them, Shanghai increased by 50 tons, Yunnan decreased by 170 tons, Shandong increased by 1590 tons, Tianjin Ping, Hainan decreased by 20 tons
    .

    Position of the main contract of Shanghai rubber (1609): the top 20 members have a long position of 78510 (-569), a short position of 96869 (-906), and a net short of 18359
    .

    The main contract of Shanghai rubber 1609 was on the strong side of volatility on
    Tuesday.
    From the 60-minute candlestick chart, the K-line returns to above the 10-day moving average, and the technical indicator MACD is good; Daily chart, K line station on the 40-day moving average, MACD green column continuation
    .
    Volume amplified and position volume declined
    .

    Comprehensive analysis, the main contract of Shanghai rubber continued to consolidate slightly on Monday under the leadership of black and other varieties
    .
    In the absence of significant reduction in the pressure of warehouse receipts, it is not recommended for investors to go long
    on the main contract.
    It is expected to be volatile in the intraday range, and you can consider taking a long position on the far month contract
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.