The hottest Tokyo rubber meets support, and Shangh

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Tokyo rubber meets support, Shanghai Rubber continues to fluctuate

I Key report on fundamentals

according to Singapore's news on December 5, the spot rubber price in Asia rose on Wednesday, and the market trading was very light, because Thailand was closed on a national holiday today, suppressing trading interest. Singapore traders said that the spot market price rose recently from the futures market and Malaysia rainfall DuPont industrial bioscience company 9 Controller: touch screen PLC control ultimately shows more cost-effectiveness, causing short-term support in the rubber cutting delay, but the rise is expected to be short-term. At present, the overall outlook tends to weaken, as the peak production season in Thailand and Malaysia is approaching

- write down the value f207 (Haikou) 5 # average spot transaction price of latex: 21000 yuan/ton (average pending order price: 21091 yuan/ton)

(Kunming) 5 # average spot transaction price of standard glue: 21550 yuan/ton (average pending order price: 21371 yuan/ton)

II The latest stock report of the exchange

Shanghai Futures Exchange:: 89145 tons +905 tons

raw rubber inventory in private warehouses in Japan: 8950 tons +107 tons

III Increase and decrease of large positions in the previous trading day

Japanese glue:: Top 10: 26937 +1190 top 10 empty: 29354 +971 clearance: 2417 -219

Shanghai:: Top 20: 22313 -3935 top 20 empty: 27009 -44 clearance: 4696 +3891

IV Technical trend analysis Lilian think - we join hands with

Tokyo rubber index, which opened high on Friday, oscillated upward and closed with a bare headed positive line with a shadow. The short-term decline of the Japanese rubber index tested the support of the line of 260 yen, and the price showed signs of rising again. It is expected that the Shanghai Rubber index as a whole may still show a range oscillation trend

ru0802 contract showed a range oscillation trend in the day after it jumped high on Friday. From the one hour chart of Shanghai Jiao, the price has broken through the entanglement of the moving average and stood firmly above it. In the short term, 22000 yuan has a certain blocking effect on the price rise. If the daily closing price stands above 20000 yuan, it is expected that Shanghai Jiao will probably start an upward trend in the short term. According to technical analysis, the rising resistance level of today's intraday trend is expected to be around 22000 yuan, 22200 yuan and 22300 yuan, and the falling support is around 21730 yuan, 21500 yuan and 21300 yuan

v Today's investment strategy suggests

ru0802. Within the contract day, it is mainly to set a stop loss and select low for long operations, and the entry of the middle line position is temporary

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