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The hottest spot fell sharply yesterday. Xingqingt

2022-09-19

Detail

Yesterday, the price of Tianjiao futures on Shanghai Futures Exchange fell sharply. Except that the 0611 contract rose by 95 yuan, the closing prices of other major contracts fell across the board. Technical parameters: the decline was between 355 and 715 yuan, of which the 0604 contract closed at the limit. The main 0605 contract closed at 23280 yuan/ton, with 171000 transactions and 60000 positions, an increase of 476

market participants said that although the price of Tianjiao futures fell and fell by the limit on Wednesday and Friday, as long as the spot rubber price did not fall sharply, the price of Tianjiao futures could not blindly determine the top position. In particular, the price of intraday forward contracts had clearly shown signs of relative strength, and the aftermarket volatility was likely to intensify

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