1. Coke
The next night j2105 contract volatility rose. The coke market is weak in operation, and the fifth round of lifting and lowering of 100 yuan / ton has been basically implemented. At present, the overall start-up of coke enterprises maintains a high level, but the recent coke enterprises are poor in delivery, some coke enterprises have a tired stock situation, and the resistance to price reduction is weak. The enthusiasm of coke purchase in steel plant is not high, the blast furnace in Hebei area has not been resumed for a while, the demand for coke is still weak, and the frequency of coke price reduction is faster than that in the early stage. Technically, j2105 contract volatility rose, and the daily MACD index showed that the green kinetic energy column narrowed and the average pressure was concerned. Operation suggestion: throw out near 2280 yuan / ton, and refer to 2310 yuan / ton for stop loss.
2. Iron ore
The contract of i2105 was more volatile overnight, and the spot market quotation of imported iron ore was increased. Market sentiment turned optimistic with Tangshan relief of heavy pollution weather level II emergency response and CCTV exposure of thin steel bars. The price of support period was sharply reduced by mainstream open positions. However, the total shipment volume of Australian Pakistan iron ore continued to increase, spot supply was relatively loose, and the demand increase expectation and supply volume increased In the environment, the period price fluctuates or increases. Technically, i2105 contract stopped falling and rebounded. The MACD index of 1 hour showed that diff and DEA were running upward, and the red column was enlarged. It is suggested that the short line 1100-1050 interval is high throw low, stop loss 10 yuan / ton.
3. Threaded steel
The next night rb2105 contract opened low and high, spot market quotation slightly increased. Tangshan relieved the level II emergency response of heavy pollution weather at 16:00 on March 15. According to the investigation of Mysteel, most billet rolling enterprises are actively preparing for re production, the restrictions on automobile transportation are lifted, and in the aspect of long process steel plants, most steel companies say that the BF equipment is still in a limited production state, and there is no definite time for the BF to resume production. The futures market shows the recovery market of rising iron ore, the spot market shows the trend of supply and demand, and the business is cautious and optimistic, and the short-term market may be repeated. Technically, rb2105 contract high level finishing, one hour MACD indicators show that diff and DEA are arranged near axis 0, red column turns green column. It is suggested that the short-term line should consider high throw and low purchase in the 4670-4780 interval, with a stop loss of 30 yuan / ton.
4. Stainless steel
The stainless steel 2105 was under pressure overnight. Domestic stainless steel production maintains a high level. With the arrival of the source of goods, the inventory also reaches a high level, which makes the market wait-and-see sentiment strong. However, the news of high ice nickel put into production in Qingshan gradually digested, and the low nickel price has stabilized recently. Due to the domestic electricity restriction policy and the tension of coke in South Africa, the production of ferrochromium has been affected. The price of chromium iron is strong, the profits of stainless steel production are thin, and the steel plant has a high willingness to settle down price. With the gradual improvement of downstream demand, the 300 series warehouse has a small decline in recent years, which makes the market as a whole in a situation of supply and demand, and the steel price continues to adjust and operate. Technically, the main part of 2105 stainless steel contract has a large number of main long positions, showing triangular convergence, and it is expected to continue to adjust the short line. In operation, it is recommended to operate light warehouse in the range of 13750-14100 yuan / ton, with stop loss of 100 yuan / ton.
5. Corn
Internationally, the report released by USDA shows that corn export demand is still strong. As of the week of March 11, 2021, export inspection volume exceeded expectations, and heavy rainfall in Brazil was worrying, delaying the second round of corn sowing progress and boosting the price of CBOT corn. In China, the market is still in a tight and balanced state. Traders have strong willingness to support prices, and the inventory of deep processing enterprises is not much, which all support the price. However, with the gradual rise of temperature, the willingness of grass-roots farmers to feed out grain increases, and some traders who use third-party funds to store in are also going out of grain. The amount of enterprises increases, the spot price of corn market has fallen, while the demand of South China is increasing There is no improvement, and the local swine plague is frequent. After the breeding end is short, the market is active. In addition, there are many alternative grains in downstream feeding enterprises, the substitution ratio is increasing, and the procurement of feed enterprises is slowing down. 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
With the gradual rise of temperature, the willingness of grass-roots farmers to feed out of grain increases, and some traders who put in the third fund also gradually export grain. The spot purchase price of corn has declined slightly, which has hindered the starch price to fall down with the corn high. In addition, the processing profit of corn starch industry is better, the industry start rate is rising rapidly, the market supply is obviously increased, while the downstream demand is recovering slowly For the high price procurement, the purchasing intensity is insufficient, and the willingness of a large number of purchases is not high, which hinders the performance of starch price. However, some downstream enterprises have the willingness to replenish the stock, which makes the corn starch enterprises' inventory decrease slightly. In addition, corn price is still at a high level, under the pressure of cost, corn starch enterprises maintain a positive price mentality, and provide support for the futures market. It is expected that corn starch will be mainly operated with corn shock, and corn starch 2105 will participate in the contract plate.
