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    Home > Chemicals Industry > New Chemical Materials > The Shanghai rubber oscillation range moves up or rebounds higher

    The Shanghai rubber oscillation range moves up or rebounds higher

    • Last Update: 2022-12-02
    • Source: Internet
    • Author: User
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    The main contract RU1609 opened at 10985 yuan / ton, the highest price was 11085 yuan / ton, the lowest price was 10765 yuan / ton, and the closing price was 10835 yuan / ton, down 0.
    96 or 105; the trading volume was 690966 lots, and the position was 361464 lots, a decrease of 5734 lots
    from the previous trading day.
    Tokyo Rubber Day closed, closing at 153.
    6 down 2.
    2 in October '16 and 153.
    9 down 2.
    1
    in November '16.

    Shanghai rubber

    Spot market: The price of spot US dollar rubber in Thailand in the bonded zone was basically stable, the domestic spot price fell slightly by 100-200, and the price of raw materials in Thailand rose slightly
    .
    Domestic main sales area market, Shanghai 14 years full latex 10500 yuan / ton; The 14-year state-owned whole milk tax-free price in Hengshui is 10,000 yuan / ton; The 15-year full latex quotation in Yunnan was 10,500 yuan / ton, down 200, and SCR5 was reported at 9,900 yuan / ton; Guangdong Vietnam 3L reported 11,000 yuan / ton stable
    .

    In terms of US dollar rubber, Qingdao Free Trade Zone Thai three reported 1500 US dollars / ton, and Thai standard spot reported 1280 US dollars / ton, up 20
    .

    By mid-June 2016, rubber stocks in Qingdao Free Trade Zone had fallen again to 218,800 tons
    .
    At present, it is in the cutting season, and the possibility of rubber to achieve a reversal in the trend is small, and the fundamentals are still closer to the bearish side
    .
    The warehouse receipt of natural rubber futures in the previous period was reported at 301,510 tons, down 210 tons
    from the previous trading day.

    Tight supply due to drought in rubber-producing countries and easing Brexit worries have boosted investment to risk appetite, and the Shanghai rubber range has moved
    up.
    Today's Shanghai rubber continued to maintain the volatility around the 10980 line after the open, affected by the long take profit and short positions, the afternoon plate quickly moved down to the 10800 line
    .
    Tokyo Rubber also ended its multi-day gains and fell
    sharply.

    The top 20 members of the main contract trading of Shanghai rubber have a dominant net short position, and the short position is mainly increased, and the long position
    is greatly reduced.
    Shanghai rubber current volatility range overall upward, 10700-11000 consolidation, there is a possibility of continuing to rebound and rush higher, pay attention to adjust the position, it is recommended to wait and see
    .

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