echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > Soybean review: the trend of bullish and low price protection

    Soybean review: the trend of bullish and low price protection

    • Last Update: 2001-09-03
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Introduction: on Friday, Dalian soybean showed the trend of first restraining and then raising, and the price of the period fell at the beginning of trading and then rose under the impetus of bull In the vicinity of the key price by the air side block and fall, all day to shock the market mainly amplitude than yesterday increased, far month contract volume is larger Market bearers are in the majority, and the overall pattern has not changed much In the middle of Liaoning, traders in the market reflected that the news surface of today's rally in the market price is in a vacuum state, and there are not many in the market The reason for the price rise may be the long protection, which has little significance for the reversal of the whole situation The main contract rose 3 points on July, with 181486 transactions, 252634 positions and more than 6000 additional positions The highest price is 2200, the lowest price is 2168, and the closing price is 2189 In May, the contract rose 3 points, closing at 2169, with 246756 positions and 132236 transactions In January, 104268 contracts were concluded, closing at 2074, down 3 points, with 250892 positions and 6000 positions reduced Relevant market analysts believe that although the market rebounded, the transaction was slightly enlarged However, it failed to break through the key resistance level Only about 30 points up and down the trading range did not form a breakthrough market Compared with the previous day, the positions on that day did not change significantly There were many short-term changes in long and short-term trading It is estimated that the near future is still dominated by volatile market, and the low point in the early stage has a certain supporting effect on the price.
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.