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    Home > Chemicals Industry > New Chemical Materials > Spot firm limits the pullback space of Shanghai rubber

    Spot firm limits the pullback space of Shanghai rubber

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 12480 yuan / ton, the highest price is 12710 yuan / ton, the lowest price is 11885 yuan / ton, and the closing price is 12550 yuan / ton; The trading volume was 804,540 lots, and the position volume was 327084 lots, an increase of 104 lots
    from the previous trading day.

    Shanghai rubber

    The opening price of the Nichijiao 1609 contract was 191.
    6 yen/kg, the highest price was 194.
    1 yen/kg, the lowest price was 188.
    9 yen/kg, and the closing price was 191.
    6 yen/kg, with a volume of 7232 lots and a position of 12077 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 11800 (-300) in Shanghai; 14-year Yunnan state-owned whole milk in Shandong 11800 (-300); The 14-year state-owned whole milk tax-free price in Hengshui was 11,600 (+300) yuan / ton, and the 15-year private full latex price in Yunnan was 11,800 (+300) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period increased by 1560 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 256290 tons
    .
    Among them, Shanghai decreased by 150 tons, Shandong increased by 1710 tons, Yunnan Ping, Hainan Ping, Tianjin Ping
    .

    Positions of the main contract of Shanghai rubber (1609): the top 20 members have long positions 81735 (-3766), short positions 93554 (+560), and net short positions 11819
    .

    The main contract of Shanghai rubber 1609 was range-bound yesterday
    .
    From the 60-minute K-line chart, the K-line fell back above the 10 moving average, the technical indicator MACD continued to weaken, and KDJ showed signs of improvement; On the daily chart, the K line is still standing above the 5-day moving average, the upper pressure is heavier, the MACD red bar continues, KDJ has signs of weakening, the trading volume has decreased significantly, and the position volume has also increased
    slightly.

    Comprehensive analysis, the market is still a long market
    .
    From the perspective of technical analysis, Shanghai Rubber is estimated to have a greater probability of continuing the volatile trend on Friday
    .
    The strong domestic spot will limit the pullback space of Shanghai rubber, after the sharp rise Shanghai rubber short-term sorting demand, after the shock may continue to break upward, it is recommended that bulls reduce their holdings at the high, and go long at the pullback, it is not suitable to chase higher
    .

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