Thursday, December 30, 2010
Rare commodity prices or speech.
<P> 10 since May, domestic and international commodity markets rose across the board pattern of emergent, pre underperformed the cotton, sugar, natural rubber and other soft commodities is particularly strong. .Some analysts believe that changes in the foreign exchange and money markets, driven by abundant liquidity, rising commodity prices mighty wave has quietly matured, future or reproduction of rare market in 2006, of which crude oil or will return to 100 U.S. dollars / barrel .above, and is expected to challenge Copper & $ 10,000 / tonne mark. .</ P> <P> full flowering of commodities </ P> <P> According to the China Securities News, statistics, since October 1, the international futures market, maize, cotton, sugar, zinc and silver rose are in the 10 .% or more; the overall performance of agricultural products is stronger than energy and chemical and non-ferrous metals. .October 8 in particular the United States Department of Agriculture's October supply and demand monthly reports sharp decline in the U.S. soybean acreage, yield, production and ending stocks, on Chicago Board of Trade (CBOT) the three main varieties - soybeans, wheat, corn .disk are now collectively daily limit. .While the domestic commodity market in the 11 October is also a "blowout" market, beans, corn, oil, rubber, zinc and other collective limit, and led the A-share market more than just related stocks daily limit. .</ P> <P> soft commodities "not soft" </ P> <P> 10 Since May, one of the major commodity markets distinguishing feature is the soft-goods collective "try to be brave," such as cotton, sugar, three kinds of soft natural rubber .Commodity gains far ahead of copper, soybeans and other commodities. .According to industry analysts, because in addition to a substantial rise in global monetary policy easing and the dollar, the three varieties are cut in China, and low inventories, which became surplus cash in speculation, "China factor", the main reason. .</ P> <P> YORK analyst Di Naigang introduction, the case of cotton, cotton production in China 6.7 million tons in 2010, demand in the 900-1000 tonnes, the gap has more than 300 million tons, while imports make up the gap in basic .However, commercial stocks of cotton in China has continued to decline, many small companies are in no position of cotton available. .Worldwide, according to the U.S. Department of Agriculture predicts that by 2010 / 11 annual world cotton consumption will exceed production for the third consecutive year, the first time in 50 years, this situation resulted in reduced stock inventory and the ratio of consumption to 16 years .in the lowest level. .</ P> <P> "speculative funds into the stock as low as to provide the conditions so that the price of money into the runaway," he said, the Fed continued to release liquidity accelerated depreciation of the dollar, while other governments have introduced a quantitative .loose monetary policy also has maintained a large market, the currency in circulation, cotton, sugar, natural rubber stocks were speculative funds fundamentals of low magnification, a commodity futures market led the star. .</ P> <P> commodities rally will continue </ P> <P> senior industry analyst Jingchuang that, from the latest Federal Reserve meeting minutes can be seen more clearly to the market, the Fed issued will be implemented loose monetary .policy signals, the dollar index was also due to the large number of investors selling and re-lower. .In addition, the countries exchange rate war kicked off gradually, which will lead to further easing of global monetary policy has been doubted. .Affected by the strong support of commodity markets and presents a strong upside trend. .</ P> <P> also of the view that the proliferation of liquidity in the global context, inflation is expected to significantly increase, coupled with demand for crude oil recovery. .After the international oil price adjustment of up to 16 months, is expected to expand compensatory growth, investors will impact the 100 U.S. dollars / barrel; the next target level Copper & 9000 U.S. dollars have been pointing to a record high / t, in the case of monetary policy remains unchanged, .challenges to $ 10,000 / ton of possibilities. .</ P>.
Labels:
[:]
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment