Hujiao maintains small shocks

December 25th

Basics

Spot situation: Qingdao Free Trade Zone, the spot market in Thailand, Malay compound plastic *** has a quote in the 21500-21600 yuan / ton, Thailand, Malay 20 # composite rubber prices in the 2920-2940 US dollars / ton, Thailand 3 # smoke The spot reference price quoted is about 3080-3100 US dollars / ton, Thailand 20 # reference quotation in the 2920-2940 US dollars / ton, Indonesia 20 # benchmark spot price in the 2870-2890 US dollars / ton.

Comments: Hujiao (25150,110.00,0.44%) adjustment, spot offer fine-tuning, but trading is still weak.

【 Quotes review 】

Yesterday, in the absence of news guidance, Hujiao fell into a slight consolidation. In early morning Hujiao opened at 25,000, with a slight drop hitting a low of 24,910, followed by a small shock, hitting a high of 25,135 in the afternoon and finally closing at 25,065. Masukura increased from 8,958 lots to 1,47,736 lots.

【Operation Strategy】

The US "fiscal cliff" resolution was postponed until December 27, so in the short term, the domestic and foreign markets lacked guidance from the news, and the commodity market maintained a small degree of consolidation. Shanghai Hujiao performed Masukura consolidation yesterday, indicating that the market is more balanced long-short power, waiting for clear direction. At present, there is still no obvious positive change in the fundamentals, and the spot market is still in general, but the weak situation has been slowly accepted by the market. Therefore, the pattern of shocks is expected to remain stable in the short term. In operation, the maintenance of the band operation is mainly based on high buy low, wet storage, the trend of a temporary avoidance.