Domestic spot rubber prices were mixed, adhesive prices, synthetic rubber prices steady rise; Chinese government launched shantytowns, miniature railway construction package of stimulus measures; previous period continued high natural rubber stocks fell sharply, 2 Day cut on natural rubber giant warehouse of the 790 to 131,370 tons; Qingdao Rubber protected areas total inventory increased to 358,900 tons, a record high inventories of natural rubber, rubber Japanese port stocks climbed steadily to 22,443 tons; Chinese rubber plantation has been opened cut, is still in the main producing countries in Southeast Asia to stop cutting period, China’s rubber imports in February year on year to continue to surge; main contract long holdings of less than short holdings, long and short positions decreased to 76.8% compared; Shanghai 1409 contract fell, volume increases, technical short signal enhancement.
Overall, 1409 is expected to contract the main shock is weak, investors are advised to treat the idea stage rangebound, days or band operation is appropriate, not chase sell, pressure 16000 line.
Translated by Google Translator from http://market.cria.org.cn/4/20076.html
