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    Home > Chemicals Industry > New Chemical Materials > Shanghai rubber weak oscillation K-line back below the moving average

    Shanghai rubber weak oscillation K-line back below the moving average

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 10420 yuan / ton, the highest price is 10460 yuan / ton, the lowest price is 10200 yuan / ton, and the closing price is 10245 yuan / ton; The trading volume was 662828 lots, and the position volume was 369598 lots, an increase of 26298 lots
    over the previous trading day.

    Shanghai rubber

    The opening price of the Nichijiao 1610 contract is 163 yen/kg, the highest price is 163.
    7 yen/kg, the lowest price is 156.
    2 yen/kg, and the closing price is 156.
    9 yen/kg; The trading volume is 4590 lots, and the position volume is 8135 lots
    .

    Domestic sales area market
    .
    Shanghai 14 years state-owned full latex 9800 (-300); 14 years Yunnan state-owned whole milk 9800 (-300) in Shandong; The tax-free price of state-owned whole milk in Hengshui area for 14 years is 9500 (-200) yuan / ton, and the price of private whole milk without tax in 15 years is 9600 yuan / ton (-200) yuan / ton; Yunnan's 16-year private full latex quotation was 10200 (-100) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period decreased by 100 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 301860 tons
    .
    Among them, Shanghai decreased by 30 tons, Shandong decreased by 60 tons, Yunnan Ping, Hainan Ping, and Tianjin decreased by 10 tons
    .

    Positions of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 89759 (+6902), short positions 113118 (+7210), and net short positions of 23359
    .

    The main contract of Shanghai rubber 1609 is weak and volatile
    .
    From the 60-minute candlestick chart, the K-line returns to the lower part of the moving average system, and the technical indicator MACD green bar is enlarged; On the daily chart, the K line closed below the 5 and 10-day moving averages, the MACD green bar shortened, the trading volume declined, and the position volume was enlarged
    .

    In the medium line, because of the arrival of the peak of tire production and the gradual approach of the preliminary cutting results of the two sides of the tire, the growth rate of downstream consumption will slow down, and with the advent of the cutting season, the supply will gradually be abundant without problems, so the supply and demand of the middle line of tianjiao will gradually turn to loose
    .
    The easing pattern of the middle line determines that the upside of Shanghai rubber is limited, and investors are advised to maintain a bearish idea
    .

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