There is not much room for Liandou to be lowered
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Last Update: 2008-11-03
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Source: Internet
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Author: User
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Introduction: soybean market: affected by the decline of the US market, the main contract 0505 continued to decline to 2550 yuan, the domestic oil meal market was in a downturn, a considerable number of crushing plants were in the break even point, and the demand for soybean weakened China has ordered a large number of American soybeans In November, imports of soybeans reached 2.3 million tons in Hong Kong The purchase price of soybeans in Northeast China has also been significantly reduced Given the strong support of the US market at 510 cents, there is little room for the soybean futures to be lowered Soybean meal Market: a large number of imported soybeans have arrived in Hong Kong, resulting in a relatively sufficient supply of raw materials, a significant increase in soybean meal supply, while the demand side continues to be weak Feed factories do not increase the purchase volume due to the arrival of peak season, but keep the minimum inventory, and purchase as you use Soybean meal futures will enter the consolidation period after a sharp fall Strong wheat market: the 0505 contract has completed a downward triangle on the chart and made a downward breakthrough, which shows that the bottom construction lasting for one month has failed China's increase in wheat imports is the main reason for the decline in the price of strong wheat, which will be bottomed out in the future, but the support of cost factors on the price will be significantly strengthened Copper Market: London copper is under obvious pressure after rising above $3100 The increase of selling and the reduction of fund positions make London copper appear a long negative line on December 2 The tight supply situation of copper is tending to change, and the future market is weak Aluminum Market: the aluminum market failed to build the bottom, breaking with the sharp fall of copper price, and the policy negative continued to suppress the aluminum price Cotton Market: the main contract 0503 basically presents a horizontal fluctuation market, which will be sorted out in the near future Fuel oil: the price of crude oil futures in the international market plummeted from $50 / barrel to $43 / barrel, which significantly depressed the price of domestic fuel oil futures The main contract 0503 was close to the previous low of 2050 yuan Influenced by the domestic import cost, there was little room for further decline Corn: the main contract 0505 continued to consolidate the market, the average system improved, showing signs of slightly higher.
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