Shanghai rubber volatility strengthened, and the night session continued to be strong

Night trading: Shanghai rubber RU1705 contract opening price 21050 yuan / ton, the highest price 21470 yuan / ton, the lowest price 21025 yuan / ton, the latest price 21460 yuan / ton; Up 410 yuan / ton, up 1.
95%.

The opening price of the Nippon 1707 contract is 307.
5 yen/kg, the highest price is 313.
6 yen/kg, the lowest price is 303 yen/kg, and the closing price is 311.
9 yen/kg; The trading volume was 7697 lots, and the position volume was 10926 lots
.

Domestic sales area market: Shanghai market, Yunnan 15-year full latex quotation 19500 (+100) yuan / ton; Shandong market, Yunnan 15-year full latex quotation 19600 (+100) yuan / ton; Hengshui market, 15-year state-owned whole milk tax-free quotation 18900 (+100) yuan / ton, Yunnan market, 16 years full latex quotation 19500 (+200) yuan / ton
.

The warehouse receipts of natural rubber futures in the previous period decreased by 420 tons
compared with yesterday.
The warehouse receipt of natural rubber futures in the previous period was reported at 264790 tons
.
Among them, Shanghai decreased by 230 tons, Yunnan Ping, Shandong decreased by 190 tons, Tianjin Ping, Hainan Ping
.

The main contract of Shanghai rubber 1705 was strong and volatile on Friday, and the night trading was good
.
From the 60-minute K-line chart, the K-line stands above the moving average system, the moving average system is well arranged, and the technical indicator MACD red bar continues; On the daily chart, above the short-term moving average on the K line station, the MACD green column turned red
.
The volume and position increased
.
Overall, the short-term technical picture is strong
.

Comprehensive analysis, last Friday's Shanghai rubber shock strengthened, and the night session continued to be strong
.
Global fundamentals have improved, and the view
of bottoming out and stabilizing is maintained in the medium and long term.
Continental Tire will raise prices for truck tires under the Horse, General and Ameristeel brands in all sales channels in the Americas by 8%
starting March 1.

Continental Tire said that the price increase is related to
the continuous rise in raw materials and logistics costs related to radial tires.
In addition to Continental Tire, downstream tire companies such as Pirelli, Zhongce, Goodyear, and Sailun Jinyu have issued price increase notices
.

On February 7, the China Automobile Dealers Association released the "China Auto Dealer Inventory Warning Index", showing that the inventory warning index in January 2017 was 61.
5%, up 18.
6 percentage points
from the previous month.
This huge fluctuation has not even occurred in the past two years
.