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    Home > Chemicals Industry > New Chemical Materials > The overall adjustment range of Shanghai rubber is relatively small, and the wait-and-see mood is stronger

    The overall adjustment range of Shanghai rubber is relatively small, and the wait-and-see mood is stronger

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Last week, after the opening of the main 1809 contract of Shanghai rubber, the futures price rose rapidly, driven by the increase in long positions
    .
    After that, both the long and short sides reduce their positions at the same time, and the futures price enters a glue state
    .
    Even though the intraday bulls once tried to push the futures price again, they fell back under the pressure of the bears, and the intraday futures closed with a slight increase
    .

    Shanghai rubber

    The data of the top 20 seats of long and short positions on the exchange shows that 1809 contracts have a trend of long and short and reduced
    .
    Among them, the bulls reduced their holdings by 1574 and the bears by 1737, and the bears reduced their holdings by a slightly larger
    margin.

    Specifically, among the top 20 long positions in the 1809 contract, only 6 seats increased their long positions, and the increase was small overall, concentrated within
    400.
    Among the 14 seats that reduced their holdings, except for Galaxy Futures seats that reduced their holdings by 749, the remaining seats reduced their holdings by 100-300
    .

    Of the top 20 short positions, 7 were overweight
    .
    Among them, the BOC International seat and the Earth Futures seat increased relatively large, but the highest was only 505, and the rest of the seats were only slightly adjusted
    .
    Among the 13 seats that reduced their short orders, the reduction range was mostly 200-500, and the maximum reduction was not more than 600
    .

    It is worth noting that the South China Futures seat increased its long position by 204 while reducing its short position by 363, increasing the net long order to 2673; The Orient Futures seat increased its holdings by 90 while reducing its holdings by 47 short orders, reducing the net short orders to 1838; Shenwan futures seats also made similar increases and short reductions
    .
    The data shows that this part of the seats is more optimistic
    about the future market.

    On the contrary, Guotai Junan increased its holdings by 33 short orders while reducing its long holdings by 433, and the net short orders increased to 3334; Ruida Futures increased its holdings by 18 short orders while reducing its long position by 323, increasing its net short order to 2181
    .
    The data shows that this part of the seats is more pessimistic
    about the future market.

    By observing the trend of the main position, the author found that in the top 20 seats of the day, the overall adjustment of the main seat in the position was small, and most of them carried out position reduction operations, indicating that the main force wait-and-see sentiment was strong
    .
    Even from the perspective of the direction and strength of the adjustment of the main positions between seats, although the bulls won slightly, the strength was slightly lacking, and the future price may move forward in oscillation
    .

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