[Fundamentals]
Spot situations: Qingdao Free Trade Zone, on the spot market in Thailand, Malay adhesive RMB quoted at 22,600 yuan / ton. Thailand, Malay 20 # adhesive Price 3080-3110 U.S. dollars / ton, Thailand 3 # smoke piece spot reference price in the 3270-3300 U.S. dollars / ton, Thailand 20 # standard plastic Reference Price in the 3080-3100 U.S. dollars / ton, Indonesia 20 # standard rubber spot price in the 3040-3060 U.S. dollars / ton.
Review: Spot offer maintenance of stability, due to the advent of the downstream plant holidays, thin trading.
Market commentary
Yesterday, Hujiao (25810,225.00,0.88%) opened at 25585, opening soon a wave of rapid diving market, all the way down to a low of 25,380, but soon was pulled back, hit a high point of 25,695, followed by finishing the main, to close at 25,595, the days lighten up 4336 hands to 128,158 hands.
[Operating strategy]
Midline Quotes: recent macro fundamentals remain stable market after the holiday is still a certain expected, but yesterday closed below the rising trend line, and therefore maintain prudent to see more ideas.
Short-term market: short term, although the market short to suppress the action, but are unable to suppress the market, the long and short of the power of the see-saw, in the case of news to promote partial concussion ideas, band operation on wet storage participate in the operation.
Of arbitrage: the low consolidation Hujiao, but the Thai standard offer has been raised, the spread further convergence, currently 3270, Hujiao with smoked sheet spread of -73, waiting for the spread widened Jiancang.
Intertemporal arbitrage: Yesterday spread is 145, the recent to maintain consolidation, No opportunities.
Translated by Google Translator from http://news.cria.org.cn/4/12725.html
