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The Whole Market Is Flying &Nbsp; Zheng Cotton Has Strong Trading.

2011/3/1 14:48:00 39

In February 28th, the domestic market turned red, Shanghai copper and Shanghai Rubber increased by more than 2.5%, oil and beans increased by 2% or so, and P T A rose more than 4%, leading to three chemical industries.

By the United States cotton overnight limit drive, Zheng cotton performance eye-catching, intraday all the way up, closing the trading limit.

In February 25th, the 18.74,0.83,4.63% of the outside market surged sharply, and the IC E period was limited.

Analysts pointed out that the domestic spot price is strong, and the technology side is down.

From the disk trend, cotton under the influence of the United States cotton trading high opened, after opening

cotton

Continue to rise unilaterally, the paction is booming, positions continue to increase.

The main C F109 contract closed at a price limit of 2125 yuan / ton, closing at 32435 yuan / ton.

Analysts believe that the cotton volume rose on Monday, the price back to the price before the Thursday crash, to get rid of the short term decline channel, is expected to continue to operate at a high level.

In February 28th, the National Bureau of Statistics said that cotton production decreased by 6.3% to 5 million 970 thousand tons last year, while customs data said that China imported 1 million 277 thousand tons of cotton in 2010, an increase of 49.9% over the same period last year.

In the long run, the supply and demand of domestic cotton market is still very tight.

At present, spot prices are still stable above 30 thousand yuan, and also support for the rise of cotton prices.

Zhengzhou

PT A futures rebounded strongly.

The main 1105 contract opened at 11562 yuan / ton, closing at 11828 yuan / ton, up 456 yuan / ton.

With the continuous tension in the Middle East and North Africa, the price of crude oil has been rising all the way. Recently, the upstream PX March contract price continued to rise, and high cost will form a strong support for the PT A price.

At present, downstream demand is not yet open, the market will gradually pition from expected consumption to demand consumption, and short-term PT A is expected to continue to rise.

Shanghai Gold main 1106 contract opened at 301.70 yuan / gram, closed at 301.28 yuan / gram.

New York

commodity

Exchange gold futures prices fell slightly on Friday, the day the most active April market contract closed at $1409.3 an ounce, down 6.5 U.S. dollars, or 0.46%.

At present, the unstable situation in the central and northeast Africa continues, and the risk aversion is still high. The gold price rise in the international market will play a decisive role in the domestic gold price.

Shanghai copper is on the high side on Monday.

The main 1105 contract closed to 74320 yuan / ton, up 2020 yuan / ton.

Analysts believe that with the upcoming domestic consumption season, demand for spot cash is expected to boost the steady growth of Shanghai copper.

The external market rose to drive the Shanghai zinc high and high.

The main contract reached 1105 yuan to 19450 yuan / ton, up 245 yuan.

Analysts believe that the overall atmosphere of commodities is not optimistic.

On the one hand, the global economy is facing double threats of inflation and tension in the Middle East.

On the other hand, China's constant tightening of monetary policy has always been a sharp sword hanging over the commodity market.

However, the abundant liquidity of the globe also supports commodity to a certain extent, and there is no fundamental change in the relationship between supply and demand of commodities. Therefore, the trend of commodity price rising in the future will remain unchanged and fluctuate.