The market pushes up enthusiasm and cools down, and Shanghai rubber is weak and volatile

The opening price of the Nippon 1608 contract was 174.
6 yen/kg, the highest price was 177.
5 yen/kg, the lowest price was 174 yen/kg, and the closing price was 176 yen/kg, with a volume of 4469 lots and a position of 11597 lots
.

Domestic sales area market
.
14-year state-owned full latex 10500 (-200) in Shanghai; 14-year Yunnan state-owned whole milk 10500 (-200) in Shandong; The 14-year state-owned whole milk tax-free price in Hengshui area is 10500 (0) yuan / ton, and the 15-year private whole latex price in Yunnan is 10700 (-150) yuan / ton
.

The main contract of Shanghai rubber 1609 fluctuated to the downside
yesterday.
From the 60-minute candlestick chart, the K-line oscillates near the short-term moving average, and the technical indicator MACD weakens; On the daily chart, the K line fell below the 20-day moving average, MACD and KDJ continued to weaken, the trading volume decreased, and the position increased
slightly.

Comprehensive analysis, market sentiment and monetary funds to push enthusiasm cooled, the market attention to the Thailand-China high-speed railway construction cooperation project changes, but Thailand said that it will not affect China's agreement to purchase 2 million tons of rice and 200,000 tons of rubber from Thailand, and will continue to be carried out
in accordance with the agreement.
Among Sinochem's 200,000-ton purchase order, 15 tons are No.
3 tobacco flakes and 5 tons are standard rubber, requiring a production period of no more than 3 months, and 16,600 tons per month will be delivered, starting from
April this year.
From the perspective of technical analysis, Shanghai Rubber today estimates that the probability of range oscillation (11200-12200) is relatively large, and after falling below the 11500 platform, you can pay attention to whether it can be effectively supported
around 11200.