Grain, Cotton, Oil, Sugar And Qi Force &Nbsp; Futures Are Closed At Daily Limit.

and cotton On the other hand, Li Jiagui, a senior analyst at COFCO futures, said: "last Friday, the storm hit the largest cotton producing area in the United States of Dezhou, causing speculative capital and processing plants to intervene again in the international cotton market, resulting in cotton trading. On the 25 day, Zheng cotton was following the trend of the US cotton. There was not much change in the spot market. The seed cotton purchase price continued to rise. Some parts of Shandong had reached 6.5 yuan / Jin, and cotton farmers still had serious feelings about selling it. With the completion of the dumping and selling, the short term textile enterprises were facing a break, and there is still a potential for higher inflation. And cotton authority once again lowered the output of cotton to 6 million 400 thousand tons in China. If the US hurricane is seriously affected, the output of US cotton will be affected. The world's cotton supply and demand pattern is even tighter. American cotton producers are more reluctant to sell, and spot sales are already close to 140 cents. Therefore, in the short term, under the influence of multiple favorable factors, cotton still has rising kinetic energy in the later stage, and funds still favor cotton.

Oil consumption rose more than 3% on that day, and the market was more concerned about it. According to market participants, the recent rise in oil prices is due to the fact that the quantitative easing monetary policy laid the foundation for the recent increase in the price of oil, while the performance of the dollar directly stimulated the upward trend of commodity prices; secondly, the good performance of the beans, good demand and inflation expectations made the market participants full of imagination about the future of soybean beans, which also made soybean oil hit a new high in Asian electronics. In addition, Russia announced the extension of the export of wheat. injunction It has made the recent dull basic market regenerate, and the market's worries about the food crisis are showing again. Back to the domestic side, macroeconomic inflation expectations and rising vegetable oil reserves increased the confidence of the market in the price of oil, and the demand for investment in the middle circulation of oil gradually increased. Goods in stock Market prices are strong. The combination of internal and external factors has led to a new high price of domestic oils and fats. On the whole, import is still rising. At present, no matter the macro level or the fundamentals of supply and demand, there is no turning trend, so the rise will continue. However, as the price rises continuously, the market catching up needs to guard against risks. We must control the proportion of positions, pay attention to the risk of policy regulation and risk of short-term profits.

For the general market of futures market, Yang Lina, a senior analyst in Beijing's mid term farm products, said, "in any case, the internal rotation of the agricultural product market is highlighted, and the overall heat is likely to remain. At present, extreme climate triggering financial enthusiasm, demand is expected to improve, liquidity is abundant, inflation expectations and other factors will further support the continuation of agricultural products. The Yi Sheng information chief expressed concern about the current speculation. "Speculation is always hype, and the market is always on the alert after a sharp rise. At present, the country has begun to raise interest rates, which is a signal. We should tighten up the signals of speculative funds and curb excessive speculation by administrative means.