1. Coke
The coke market is weak, the mainstream steel mills start the third round of lifting and lowering, and some coke enterprises accept price reduction. Under the high profit of coking, the company started actively, and the new production could be continuously produced, and the inventory in the coke enterprise continued to accumulate. The molten iron production of steel plant still keeps high operation, and the high demand of coke continues. However, under the influence of hidden inventory and new production, the inventory in the steel plant continues to increase. The short term coke price is under pressure. Technically, j2105 contract is in shock consolidation. The daily MACD index shows that the green kinetic energy column changes little and the downward pressure is still large. Operation suggestion: short space near 2280 yuan / ton, and the stop loss is 2310 yuan / ton.
2. Iron ore
The contract of i2105 was weak overnight, the spot market quotation of imported iron ore was sharply reduced, the overall market activity was general, the enthusiasm of trading firms was still acceptable, and steel mills were more cautious to watch and see, and the actual offer was less. In recent years, many regions in Hebei have implemented production restriction measures due to air pollution. If steel mills strictly implement the requirements of production restriction documents, the pace of iron ore procurement will slow down or the port inventory will increase again. Technically, i2105 contract high fell, and the MACD index showed that diff and DEA were adjusted downward and the green column was enlarged. Operation suggestion, short line rebound throw short, stop loss reference 1075.
3. Threaded steel
The next night rb2105 contract weak sorting, spot market quotation down. With the weakening of the iron ore price of raw materials, the support of steel-making cost is weakened, and the spot price of threaded steel increases. Due to the price decline, the business transaction is blocked, plus the earlier resources to the present profit is more, some businesses have arbitrage to return funds, short-term market volatility is intensified, should pay attention to the pace of building positions. Technically, the high level of rb2105 contract fell down, and the MACD index of 1 hour showed that diff and DEA continued to run downward, and the green column expanded. Operation suggestion, rebound machine short space, stop loss reference 4670.
4. Stainless steel
Overnight stainless steel 2105 vibration adjustment. Upstream Qingshan ferronickel to high ice nickel news, the market worried that the excess nickel iron transmission to the fine nickel market, resulting in the pressure of nickel price decline. Meanwhile, the domestic output in February increased significantly year on year, with the arrival of the source of goods, while the overall downstream demand showed a flat performance, and steel prices also decreased. However, due to the domestic electricity restriction policy and the tension of coke in South Africa, the output of ferrochromium has declined, the price of ferrochromium continues to be strong, and the current profits of stainless steel production are thin, so there is a possibility of production reduction in the later steel plant. With the gradual improvement of downstream demand, the inventory of 300 series has declined slightly in recent years, and the steel price is more resistant to decline. Technically, the main short positions of 2105 main stainless steel contract increased significantly, focusing on 14000 level competition, and it is expected to adjust the short-term low position. In operation, it is recommended to operate in the range of 13700-14150 yuan / ton, and the stop loss is 150 yuan / ton respectively.
5. Corn
Internationally, USDA supply and demand report raised global corn inventory forecasts, which was good for corn prices, but the weaker dollar provided support for CBOT corn futures, and corn futures on the Chicago Stock Exchange (CBOT) closed up and down on Tuesday. At home, the large reverse hanging of the north and South and the high cost of arrival continue to support the traders' mentality. However, with the rising temperature, some farmers in Northeast China have increased their willingness to sell grain, and the new grain market speed has been accelerated, and the quantity of goods delivered by enterprises has increased significantly. In terms of demand, the swine plague in Africa is constantly in waves, the pig stock is declining, and the feed consumption after the festival enters the off-season. In addition, there are many alternative grains in downstream feed enterprises, and the replacement proportion is increasing, and the procurement of feed enterprises is slowing down obviously. Overall, it is expected to maintain a high level of shock consolidation in the short-term, and focus on the next policy information guidance. Corn 2105 was in the market.
6. Starch
Corn price is high, under the pressure of cost, corn starch enterprises maintain a positive price mentality, spot prices remain high overall, providing support for futures market. However, the weather has improved, the number of enterprises' arrival increased, some deep processing enterprises lowered the purchase price of corn, and the price of raw corn fell back, which increased the wait-and-see mood for starch Market. In addition, the processing profit of corn starch industry is good, the commencement rate of corn starch industry is rising rapidly. In March, most enterprises will resume full production and operation, and the market supply is significantly increased, while the inventory itself is at a high level. In addition, the demand of upstream and downstream is recovering slowly. For the insufficient high price purchasing strength, it is expected that corn starch will be mainly operated with corn vibration. The contract plate of corn starch 2105 will be mainly operated with corn shock China will take part in the favorable situation.
