1. Coke
Next night, the j2105 contract was reorganized. The mainstream of domestic coke market is weakening, and some steel mills have started the third round of increase and decrease, with a cumulative decrease of 300 yuan / ton. At present, the profit per ton of coke is still considerable, most coke enterprises maintain a high starting point, and most of them are actively shipping. Recently, due to the impact of environmental protection policies, some coke enterprises have been hindered in shipping, and have been forced to accumulate storage. Steel mills are not active in purchasing, and they usually purchase on demand, while port traders wait and see the market. Short term coke market is still relatively pessimistic. Technically, j2105 contract shock finishing, daily MACD index shows little change in green kinetic energy column, short-term downward pressure is larger. It is suggested that the stop loss should be 2380 yuan / ton.
2. Iron ore
The weakness of i2105 contract range was sorted out overnight, the quotation of imported iron ore spot market was lowered, the overall market activity was general, the offer enthusiasm of traders was acceptable, the steel mills were more cautious and wait-and-see, and the firm offer was less. Recently, due to air pollution in many areas of Hebei Province, the production restriction measures have been implemented again. If steel mills strictly implement the requirements of the production restriction documents, the pace of iron ore procurement will slow down, or the port inventory will increase again. However, the current steel price remains strong as a whole, which also constitutes a support for the ore price. Therefore, the short-term iron ore futures price may continue to be high. In terms of operation, it is recommended to consider buying low and selling high in the 1120-1170 range in the short term, with a stop loss of 15 yuan / ton.
3. Rebar
The overnight rb2105 contract was first suppressed and then raised, and the spot market quotation was significantly increased. Over the weekend, the US Senate passed the US $1.9 trillion economic rescue plan, adding to Tangshan city's level II emergency response to heavy pollution weather since 16:00 on March 7, 2021. On Monday, the rebar futures price jumped short and opened high. However, the domestic stock market fell sharply and the spot quotation of billet decreased, which depressed the market sentiment, and the short-term rebar futures price may maintain a high level. Technically, rb2105 contract runs near the daily moving average of Ma5. The 1-hour MACD index shows that diff and DEA are higher and lower, and the green column is smaller. In terms of operation, it is recommended to sell high and buy low in the 4820-4700 range in the short term, with a stop loss of 40 yuan / ton.
4. Stainless steel
Overnight stainless steel 2105 shock slightly up. The upstream Qingshan ferronickel turned to nickel matte news, and the market worried that the surplus ferronickel would be transmitted to the refined nickel market, resulting in the pressure drop of nickel price. At the same time, the domestic production increased significantly in February compared with the same period last year. With the arrival of goods, the downstream demand was flat as a whole, and the steel price also decreased. However, due to the power rationing policy in Inner Mongolia and the shortage of coke in South Africa, the output of ferrochrome has declined, the price of ferrochrome has continued to be strong, and the current profit of stainless steel production is thin, so there is a possibility for steel mills in the future to reduce production. With the gradual improvement of downstream demand, 300 series inventory has decreased recently, and there is still support below the steel price. Technically, the main position of stainless steel 2105 contract increased and decreased, focusing on 14000 level competition, and the short-term low position is expected to adjust. In terms of operation, it is recommended to operate in the range of 13900-14600 yuan / ton and stop loss of 150 yuan / ton.
5. Corn
Internationally, the weekly report released by Buenos Aires Grain Exchange estimates that Argentina's corn output in 2020 / 21 will be 46 million tons, 5.5 million tons less than the previous year's 51.5 million tons. In addition, the market forecast that USDA will reduce the U.S. carry forward inventory forecast in the supply and demand report, and drought in Argentina's planting belt and excessive rainfall in Brazil also supported the market. CBOT corn futures closed higher on Monday. At home, the sharp upside down between the north and the South and the high cost of arrival continue to support the traders' mentality. However, with the gradual rise of temperature, the willingness of some farmers in Northeast China to sell grain increased, and the weather in North China turned better in the second half of the week. After the continuous rise of prices, it reached the psychological price of traders and the willingness to sell grain increased. In terms of demand, there was a local outbreak of swine plague in Africa, the number of live pigs declined for two consecutive months from January to February, and the downstream feeding enterprises replaced more grains, and the proportion of substitution also increased. On the whole, it is expected to maintain a high level in the short term, and focus on the next policy guidance. Corn 2105 contract intraday homeopathy participation.
6. Starch
Some downstream enterprises of starch have the demand of replenishment, and some enterprises in Shandong have not started up yet, which has been consuming starch inventory, resulting in a decline in starch inventory. In addition, the high price of corn, under the pressure of cost, makes corn starch enterprises to maintain the price mentality, the overall spot price will still maintain high operation, to provide support for the futures market. However, the weather has improved, the arrival volume of enterprises has increased, and some deep-processing enterprises have reduced the purchase price of corn, which has increased the wait-and-see mood in the starch Market. In addition, the processing profit of corn starch industry is relatively good, and the operating rate of corn starch industry rises rapidly. In March, most enterprises will resume full production operation, the market supply will increase significantly, and the inventory itself is at a high level. In addition, the recovery of upstream and downstream demand is relatively slow. For the lack of high price purchasing, it is expected that corn starch will mainly run with corn shocks, and the corn starch 2105 contract price will increase We will take part in the competition.
