1. Coke
Overnight j2105 contract shock fell. Recently, affected by the snow weather in the southwest of Shanxi Province, many expressways in Shanxi Province were closed, resulting in poor road transportation, affecting some downstream goods. However, at present, there are plenty of coking coal in coking enterprises, so the impact is not big. The blast furnace start-up of downstream steel plants continued to be high, but the enthusiasm of steel plant purchasing was weakened. Technically, the j2105 contract fell in shock, and the daily MACD index showed that the red kinetic energy column turned green, focusing on the pressure of moving average. It is suggested that the stop loss should be 2595 yuan / ton.
2. Iron ore
Overnight i2105 contract shock is stronger, import iron ore spot market quotation slightly up. At present, the domestic port inventory continues to increase and the spot supply is relatively loose, which puts pressure on the mine price. However, the i2105 contract discount spot is deep. At the same time, the rebound of the stock market, international oil price and steel price supports the mine price, and the short-term market will remain high. Technically, the i2105 contract still has support around 1100. The 1-hour MACD index shows that the diff and DEA levels are falling, and the green column is shrinking. In terms of operation, it is suggested that the short-term should be maintained in the range of 1165-1100, with a stop loss of 15 yuan / ton.
3. Rebar
Overnight rb2105 contract narrow finishing, spot market quotation slightly up. This week, the weekly output of deformed steel bar rebounded significantly, and the in plant inventory and social inventory continued to increase, as the terminal demand was still recovering. The continuous rise of futures prices is more supported by the recent continuous rebound of international oil prices and the expected increase of future demand. Technically, rb2105 contract center of gravity continues to move up, 1 hour MACD index shows diff and DEA high-level sorting, green column turns to red column. In terms of operation, it is suggested that the short-term 4700-4610 interval should be sold high and bought low, with a stop loss of 30 yuan / ton.
4. Stainless steel
Overnight, stainless steel 2104 fell under pressure. The upstream domestic ferronickel inventory fell, while the refined nickel inventory continued to decline; combined with the domestic environmental protection production limit, ferrochrome production declined, and some refineries still could not resume production in February, so the cost side nickel and chromium prices were strong. The arrival and storage of 300 Series in China during the Spring Festival is relatively obvious, but the downstream purchasing demand is picking up. Some steel mills say that it is March and April to receive orders. Recently, the stainless steel base has risen, and the market supply is tight, which supports the strong performance of steel prices. Technically, the main stainless steel 2104 contract position reduction, trading cautious, focus on 15000 pass support, short-term weak adjustment is expected. In terms of operation, it is recommended to operate the light warehouse in the range of 15000-15450 yuan / ton, with the stop loss of 120 yuan / ton.
5. Corn
In addition to the reduction of corn production in the main producing areas and the reduction of policy grain, the predictable supply in the market is tight, and the progress of grain sales in the main producing areas is faster than in previous years, so the market is still reluctant to sell and willing to support the price. At present, the purchase and sales have not yet fully recovered, and the phased inflow has decreased. However, some domestic grain enterprises have resumed the purchase of corn in succession, and the purchase price has remained firm. In addition, the consumption of deep processing enterprises during the Spring Festival has reduced the inventory to a low level, and the demand for purchasing after the festival has increased. However, some parts of North China had a sudden rain and snow yesterday, and most of the enterprises were on the sidelines. In addition, the demand in the South did not improve, and pig plague occurred frequently in some parts of Africa. The breeding end was bearish, and the market was active. Moreover, the downstream feeding enterprises replaced more grains, and the proportion of substitution was also increasing. Generally speaking, it is expected that the short-term demand will remain high, and we should pay attention to the next policy guidance. Corn 2105 contract intraday homeopathy participation.
6. Starch
With the reduction of corn production in the main producing areas and the reduction of policy grain, the predictable tight supply in the market continues to ferment, and the market price increase will rise again. In addition, the grain sales progress in the main producing areas is faster than in previous years, the market is reluctant to sell and willing to support the price, and the price of raw corn has remained firm, which provides support for the starch Market and keeps the corn starch price high. However, the pig plague situation in some Africa is frequent, the breeding end is bearish, the market is active, and the future demand is expected to be reduced, which inhibits the performance of raw material prices. As far as starch itself is concerned, after the Spring Festival, the starch market demand has not improved significantly, and there are not many high price starch signings. During the festival, some enterprises have been in the production state, and there is a backlog of inventory, which puts pressure on the price of corn starch to continue to rise. It is expected that corn starch will mainly run with corn shocks, and corn starch 2105 contract will take part in the market.
