The US Cotton Market Rose Four Points &Nbsp, And The Crazy Drama Finally Started.

2010/9/23 14:45:00 86

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Due to financial company and housing construction business report exceeded

market

The US stock market is expected to rise to its highest level in four months on Monday. Crude oil futures closed down to 75 dollars / barrel after the stock market rose.

In the domestic market, agricultural products still performed well yesterday. Soybean meal and cotton continued to rise in the last trading day, and the soybean meal hit a new high.

volume

It is well matched with the positions. The strength characteristics are very obvious in the short run, and the Bulls continue to hold.

The recent star species - Cotton terminal again sealed up.

The delayed harvest of cotton crops and strong demand in Asia have intensified global cotton supply and demand.

The market expects cotton demand to remain strong in the late part of the year, and weather problems are still plaguing cotton harvest in the US and China.

In addition, there is still uncertainty about whether India will allow exports of cotton.

In the internal and external good "under attack".

cotton

Staged a crazy rise in the drama, there is still a further rush to power in the short term, but the short-term rise too quickly may trigger a technical correction at any time.