[Fundamentals]
1. Spot market: Qingdao Free Trade Zone, on the spot market in Thailand, Malaysia adhesive RMB offer much, heard about 12800-12900 yuan / ton, Malaysia and Thailand on the 20th standard rubber composites offer $ 1860-1880 / ton offer , heard about Thailand on the 3rd spot smoke tablets at $ 2120-2140 / ton; Thailand, Malaysia, the 20th standard rubber spot price around $ 1860-1880 / ton cargo price between $ 1920-1940 / t; Indonesia on the 20th standard rubber spot price at $ 1,810 / ton. Offer a small correction, Real Simple talk.
2. Total number of U.S. new home sales in January of 468,000, is expected to 401,000, before correction from the 414,000 to 427,000.
U.S. new home sales in January monthly rate +9.6% -3.4% expected, -7.0% from the previous value corrected to -3.8%.
3. On Wednesday (February 26) China Administration of Foreign Exchange (SAFE for short) departments responsible for foreign exchange on the current situation were answered reporters’ questions for the recent decline of the RMB exchange rate, SAFE think this is normal fluctuations, do not read too much.
[Market Commentary]
Yesterday, the Shanghai rubber (14385, -270.00, -1.84%) lower at 14,510, hitting a low of 14,505 opening, followed by a slight concussion when hit near the close midday high of 14,780, and finally closed at 14,690, to 180,968 days, lighten up 6782 hands hand, the current shift positions have been completed, the major shift to 1409.
[Operation Strategy]
Rapid release of the recent market decline certain degree of panic, which ended yesterday, the market is also stable, in this context, the recent live HuJiao also slow decline, saw a rare small Yang, currently Hujiao 1409 has been moved to the main current market presence HuJiao and rapid decline of the early technical repair needs, is expected shortly in the case of large macro risk is no longer present, not rapid decline, but it does not seem confident start to rebound, low consolidation concerns case, the operation, short to some profit-taking, leaving some positions to wait long has temporarily avoided.
Translated by Google Translator from http://market.cria.org.cn/25/19398.html
