Opinion: Today’s natural rubber trend is stable, RU1905 closed at 12,445 points, down 0.24%. In terms of price, the rubber trend has returned to the sideways volatility range. It has been half a month since time. After the first wave of increase, the adjustment time is more sufficient and it is expected to choose a breakthrough direction. We believe that the current fundamentals of natural rubber have not changed much. The market is mainly based on speculation, which gradually weakens the inventory pressure factor and strengthens the seasonal stoppage factor. At the same time, the overall trend of industrial products is strong, and it has a certain driving effect on rubber.
In terms of trading strategy, rubber is continuously adjusted, and the short-term trend is strong. After the consolidation, the technical trend has broken through the upward structure. RU1905 can be lightly warehoused, with a target price of 13,000 points and a protection price of 12,300 points.
Translated by Google Translator from http://www.cria.org.cn/newsdetail/47941.html
