Zheng Cotton Greatly Lighten Up The Stock Market Rebound Dilemma
Zheng cotton sharply reduced its position and rebounded. Compared with the majority of the domestic commodities, it opened up and went lower, and the volume of pactions was high. The profit margin of the market was surging, but it was generally in the recent consolidation area, and the market was in a dilemma. From the recent basic situation, domestic purchasing and storage continue, but obviously the degree of concern has dropped sharply, in addition to some of the 400 type enterprises are still participating in the majority cotton The focus shifted to the actual purchase and sale of spot goods, and the focus shifted to whether the downstream textile market really changed.
But from a practical point of view, the optimism of the market should not be too early. The latest survey report released recently shows that over 90% of textile enterprises are not optimistic about the situation in the first half of 2009, and nearly 40% of them believe that there will be a turning point for 2010. For the future textile enterprises, they still expect the national policy to play a heavy blow.
From the main position structure, today's main force has seen a significant conversion. Zhejiang Zhongda has withdrawn from the top ranking of the multi position by reducing its 1078 hands. From the holding cycle, it has not actually made a profit. Today, the futures market has substantially increased its holdings of more than one single 1345 hands, and occupies a leading position. The structure of the fund is doubtable; therefore, based on the fact that there is no real news coming out of the fundamentals, the change of the main funds in the short term is difficult to effectively change the development and changes of the market.
Editor in chief: Xu Qiyun
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