Comprehensive review of rubber futures market in S

2022-08-23
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On December 4, a comprehensive review of the rubber futures market in Shanghai and Tokyo

a comprehensive review of the rubber futures market in Shanghai and Tokyo

2007/12/04

Tokyo rubber was weak and volatile today, and the short-term trend was still weak. The contract closed at 262.7 yen in April. Shanghai Rubber opened low and went high. The intraday bottom recovery maintained a volatile trend, and the decline did not further escalate, indicating that the market still lacks a sense of direction, and the establishment of the trend still needs to wait patiently. The main contract of Shanghai Jiaotong opened 21500 lower in early March, and the active buying was positive at the beginning of the session, and the market then rebounded. However, after the price hit the intraday peak of 21810, a large number of selling intervention was triggered. The rise was soon blocked and gradually fell back, and the long and short sides once again formed a stalemate. The shock pattern remained unchanged in the afternoon trading, and the market lacked fundamentals. Its downstream PCB enterprises were relatively scattered, and their bargaining power was low, stimulating and depressed, The trend still could not be established. In the late trading stage, it strengthened again with the promotion of short closing, and finally closed at 21695. Shanghai Jiao maintains a volatile trend in the short term, and it is difficult to determine the direction in the future. When a breakthrough occurs depends on the amount of funds. In terms of operation, wait and see for a while

futures month

closing price

trading volume

increase

ru0801

21090

6344

- 55

ru0803

21695

407700

- 20

ru0804

21915

24

-95

ru0805

22205

4062

-110

ru0806

22375

26

-75

ru0807

22560

56

-115

Shanghai rubber futures market 2007/12/04

futures month

Closing price

trading volume

increase

jru0712

249.2

161

-2.5

jru0801

252.7

136

-2.3

jru0802

256.7

355 p>-0.6

jru08 strengthen the key core of new materials, and it is expected to be in full production in the third quarter of 2017; Technological research and development of 20000 ton lithium hydroxide project 03

259.9

1155

-0.3

jru0804

262.7

6750

-0.2

jru0805

266.0

19702

-0.3

Tokyo rubber futures market 2007/12/04

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