Commodity Concentration Is Higher Than &Nbsp; Zheng Cotton's Center Of Gravity Moves Upward To Be Further Confirmed.

　　 Affected by the surrounding stock market, commodity market In a short period of time after the sharp rise, driven by a large number of today. Zheng cotton After the opening, strong shocks rose sharply, the short line showed a breakthrough, and the market gravity moved up to 27500.

　　 The economic data released by the United States last weekend were relatively favorable. The monthly supply and demand report of soybean released by USDA, including soybeans, wheat, corn and cotton, was much more neutral. China raised the required reserve ratio on Friday night. The CPI data released over the weekend was expected to exceed 5.1%. At the same time, the central economic work conference held 6 major tasks next year. Increase interest The precursor of the policy should not be overly relaxed, which is still a constraint on the following trend.

On the basis of international cotton fundamentals, the monthly supply and demand report released by USDA is smaller than expected. The US cotton production is trimming down 30 thousand tons to 3 million 980 thousand tons, and the final inventory is reduced by 65 thousand tons to 410 thousand tons. The data of China and India have almost no adjustment. The global end stocks are slightly increased by 260 thousand tons to 9 million 450 thousand tons, more neutral. Later, the adjustment continues to be left. In addition, CFTC's position report shows that as of the week of December 7th, the total cotton holding capacity has been cut down, but the speculation has increased significantly, and the net bull rate has dropped 1.8 percentage points to 18.28% a week ago.

In the domestic market, today's stock market and commodities have all gone up. Undoubtedly, after the phased policy is suppressed, the centralized release of funds is also a reflection of the short run. As far as cotton is concerned, we are basically facing the support of the market near 26000, which has been fully realized in the near future. We have also prompted customers to quickly adjust their buying opportunities in recent times. Today, the market has risen sharply and made positive reflection. However, from the current situation of the yarn and cloth sales of the downstream textile enterprises, there is no obvious improvement. Before the festival, most enterprises may make arrangements for the Spring Festival holiday ahead of schedule. It is likely that it will be difficult to launch the market driven by the lower reaches of the festival. Today, the position of holding positions is increasing. Both the new lake futures and Guotai Junan are entering the market again.

　　 Judging from today's market, short-term technology has shown a high level, the 30 day moving average and the 28000 integer pass become the main resistance line. From the basic stage of the stage, more support will enter the regional arrangement, and the focal point is expected to move upward continuously. The development of capital side and the overall market sentiment will be the main driving force for the short term sharp rise of the market. At the same time, judging from the recent changes in the overall market, the strong support of the fundamentals in the future will be gradually recognized, and the trend of the market will continue to move upward in the future. Eventually, it will not exclude the outbreak after repression. It will be an unchanging trend.