Closing: Cotton White Sugar Limit Rubber Strong Rebound

Commodity futures rose more or less today. Cotton rebounded and sealed up the daily limit. Sugar rose to a higher limit in the afternoon. Rubber rebounded over 3% and sugar rose higher. Eggs, silver, PTA, PVC, iron ore, plywood and hot-rolled panels rose by more than 1%. Rapeseed oil and soybean oil are weaker; glass and soybean meal are low. Analysis of various sections, colored shocks; black and energy generally rose; agricultural products mixed, oil led, cotton sugar LED; precious metals rose; financial futures, futures debt shocks.

Today, sugar is higher and higher, and the market is closed after noon. Hualian futures group of agricultural products believes that the output has been significantly reduced, coupled with the proportion of ethanol used to continue to rise. We can expect that in the next few years, the speed of sugar production in Brazil will continue to decrease. At the same time, due to drought in Brazil affected the growth of sugarcane, some agencies predict that Brazil's production will decline in the 15/16 season, so this will be a good factor for the international sugar market. Sun Yuankui, an analyst with Meyer futures, said that spot prices had picked up, but the deal was still slack. Under the background of the peak season of consumption, spot sales were hard to get better. Raising quotations was only a short-term market, and it was difficult to sustain.

today cotton Strong rebound, closed the trading limit plate. According to market analysis, 60% of central subsidy funds will be subsidized by cotton planting area, 40% will be subsidized according to actual sales volume, and temporary storage will be cancelled. This means that the cotton price in the new year will be formed by the supply and demand of the market, which will help straighten out the whole cotton spinning industry chain and lead the cotton textile industry to recover. In the new cotton postponed listing in September, the possibility of cotton prices going down again is not too big. Cotton prices will be seasonally stabilized before new cotton is listed on a large scale.

but Guoxin Futures analyst Zhu Chenyao believes that the long-term bear market has not ended. The global cotton supply is over fourth consecutive years. China accounts for more than 60% of the world's huge stock deterrent market. Under the background of higher domestic inventory consumption, Zheng Mian has a downward pressure, while the upside space is suppressed. At the same time, the contract performance in the far months is relatively weak. The contract for the recent months generally shows a pattern of premium, and the next year's contract, which lacks consumption and policy support, will enter a long-term weakness.

today Glass Low concussion, midday main force fell 1.52%. Xiao Yongzhi, analyst at Ruida futures, said that from a technical point of view, futures prices are running above the 30 day moving average and the 60 day moving average, indicating that many heads are still relatively dominant. The KDJ index shows signs of short-term divergence, so short-term consolidation is necessary. The latter is mainly concerned about the 1030 to 1040 yuan / ton support situation. Operation, with 1030 - 1080 yuan / ton of Interval Oscillation thinking, holding a little more thinking, close to the interval along the main buy, rush or close to the upper edge of the choice of profit. Once an effective breakthrough of 1100 yuan / ton, the central line can see more.