May 24, 2016

Yiwu market chance preference drive down advantage prices fell

Friday, commodity market yet again usher in a communautaire slump, intraday bond, HRC, iron ore, coking coal, pepsi, six varieties of silicone hit a limit, a small rebound late. With the close, only bright sugar closed upwards, and the rest are generally mainstream commodity fell into close. Wherein every single main contract diminishes as follows: char chop down 6. 29%, sizzling rolled coil dropped 5. 85%, straightener ore fell your five. 73 percent, along 5. 58 pct thread, rubber droped 5. 20%, decrease 4. 95% coking coal, asphalt, straight down 4. 32%; fell into more than 2% there are actually: Yiwu Market glass, vegetable oil, side oil, soybean olive oil, cotton, rapeseed, PP and other species; fall of between 1% - 2% involving are: Nickel, PTA, methanol, soybeans, plastic-type material, aluminum, zinc, soybean meal, PVC, ovum, tin and other versions. It can be described as emaciated, bleak.


Commodity looks collective slump, while using recent attitude on the Fed raising rates of interest change is a one on one correlation. Last week, the actual Federal Reserve getting together with on interest rates throughout April, Yiwu Artificial Flower Market the short minutes show that does not reject raising interest rates sometime soon, followed by a number of Raised on officials have made identical hawkish remarks, the market industry expected the National Reserve to raise percentage of interest in June the particular probability to go up deliberately, the dollar ongoing strength, market chance preference drive down advantage prices fell. Back in the domestic front side, after the authorities fixed the tone intended for L-type economy, stirring demand to elevate the economy is supposed to fall, commodity force drop. Looking ahead of time, commodity demand poor at the background can return Xiongtu encouraged to choose every board on short-selling of business trading ideas.

Posted by: yiwuagent at 04:17 AM | No Comments | Add Comment
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