Meal: the strong side of the pattern
the overnight America beans partial consolidation, mainly due to market expectations the U.S. Department of Agriculture supply and demand report or increase U.S. soybean exports, as well as U.S. soybean carryover stocks, and weather concerns for the U.S. soybean prices provide some support. However, the point of view, the U.S. soybean futures positions and fund net long positions in the United beans are being reduced, and funds to leave the room for a rebound still constraints of price. Tuesday trend of Soybean class differentiation, the strong performance of Soybean and soybean oil within a narrow range. From the funds in terms of soybean meal to lighten up, and the to Soybean Masukura uplink, the transfer of funds attention will be limited to the upside of the soybean meal. Concerned about the soybean meal in January of pressure in the vicinity of 3300 yuan.
Hujiao: weak order
Tuesday, due to the overnight bad effects of crude oil hit a new low this year, Hujiao morning opened sharply lower. Hainan natural rubber stock to continue the run of around 25,000 yuan / ton, the backwardation close to 3000 yuan / ton, traders turnover wishes continue to reduce. The previous period, natural rubber stocks last week ended the downward trend for two consecutive weeks, short-term will have a certain pressure on rubber prices. Technically, the 1209 contract line system of Hujiao the main continue to be arranged in short to medium-term downward trend remains unchanged in the short term will be to seek support at 22,000 yuan, and at this price point repeatedly probability. Proposed in the operation held by the investors in wet storage space single, the target of 22,000 yuan.
Tiaokongdikai of the copper the main 1209 contract on Tuesday to remain low and sideways movements, closing down 1.25 percent or 680 yuan / ton low. European concerns about the election of Greek and Spanish debt problems, the overnight LME shock to weaken, Tuesday copper affected back to swallow the upward gap of the previous session, copper recent rebound relatively weak, vulnerable dropped the pattern unchanged. 53,000 yuan first-line still support the possibility of dropping sharply before the election results come out in Greece is expected to remain weak and volatile in the copper short term. Eurozone economic data is expected to pessimism, the U.S. dollar index rebounded, LME to maintain a greater chance of shocks in the 7300-7600 U.S. dollars. (Merchants Futures)