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    Home > Chemicals Industry > New Chemical Materials > The bullish market continued the Shanghai rubber shock pullback

    The bullish market continued the Shanghai rubber shock pullback

    • Last Update: 2022-12-01
    • Source: Internet
    • Author: User
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    The opening price of Shanghai rubber RU1609 contract is 12500 yuan / ton, the highest price is 12950 yuan / ton, the lowest price is 12380 yuan / ton, and the closing price is 12525 yuan / ton; The trading volume was 1265352 lots, and the position volume was 326980 lots, a decrease of 23058 lots
    from the previous trading day.

    Shanghai rubber

    The opening price of the Nippon 1609 contract is 190.
    8 yen/kg, the highest price is 197 yen/kg, the lowest price is 190.
    6 yen/kg, the closing price is 193.
    3 yen/kg, the trading volume is 11968 lots, and the position volume is 12077 lots
    .

    Domestic sales area market
    .
    14-year state-owned full latex 12100 (+700) in Shanghai; 14 years Yunnan state-owned whole milk in Shandong 12100 (+700); The 14-year state-owned whole milk tax-free price in Hengshui was 11,300 (+200) yuan / ton, and the 15-year private whole latex price in Yunnan was 11,500 (+300) yuan / ton
    .

    The warehouse receipts of natural rubber futures in the previous period decreased by 140 tons
    compared with yesterday.
    The warehouse receipt of natural rubber futures in the previous period was reported at 254730 tons
    .
    Among them, Shanghai decreased by 90 tons, Shandong decreased by 50 tons, Yunnan Ping, Hainan Ping, Tianjin Ping
    .

    Holdings of the main contract of Shanghai rubber (1609): the top 20 members have long positions of 85556 (-3627), short positions of 95022 (-7249), and net positions of 9466

    The main contract of Shanghai rubber 1609 rushed back down
    yesterday.
    From the 60-minute candlestick chart, the K-line fell back above the 10 moving average, the technical indicator MACD continued to move well, and the KDJ weakened; On the daily chart, there is short-term pullback demand after the sharp rise of the K line, the upper pressure is heavier, the MACD red column continues, the KDJ has signs of weakness, the trading volume is greatly enlarged, the position volume is also slightly reduced, and the long and short positions are reduced
    .

    Comprehensive analysis, the market is still a long market
    .
    From the perspective of technical analysis, Shanghai Rubber on Thursday estimates that the probability of continuing the volatile trend is relatively large
    .
    The strength of domestic spot will limit the pullback space of Shanghai rubber, the basis of the futures and cash continues to repair, after the two-day sharp rise, Shanghai rubber short-term has a pullback repair demand, 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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