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After The Spring Festival Holiday, The Domestic Cotton Market Is Expected To Have A Good Start.

2012/1/29 14:16:00 19

During the Spring Festival holiday, international

futures

Most of the market is rising. The Federal Reserve continues to maintain ultra-low interest rates and anticipates the improvement of the economy to continue to support the trend of commodities.

Insiders pointed out that although the macro environment of the commodity market is still not ideal, the global economic growth is better than expected, and commodity futures are short term.

rebound

Is expected to continue.


The Federal Reserve announces maintaining ultra-low

interest rate

The policy until the second half of 2014 decided to provide strong support for gold prices.

Due to the impact of the Iran oil embargo crisis, international oil prices are near $100.

LME copper holidays rose, fund purchase interest and speculators speculated that China's demand will rise to drive prices.


Agricultural products are rising and falling, and the market is driven by the surrounding market. Investors continue to worry about the drought situation in the soybean planting areas of South America.


The international cotton market is going up, and the domestic cotton market is expected to support the industry steadily and steadily.


China's economic growth data show that the world's largest commodity consumer is still in a suitable position, while achieving the cooling of the economy and maintaining enough resilience as a driving force for global demand.

engine


The main economic indicators, including gross domestic product (GDP) (fourth quarter growth 8.9%), industrial added value (12.8% growth in December) and total retail sales of social consumer goods (18.1% growth), were better than analysts' expectations.

Although GDP growth in the fourth quarter was lower than 9.1% in the third quarter and the lowest in two and a half years, the growth rate of industrial added value and retail consumption in December is actually accelerating. This is not a signal of a serious slowdown in the economy.


On the whole, commodity futures ushered in a long rebound in the beginning of the new year.

Although the mainstream market has not issued the voice of the upcoming reversal, confidence in the market has been greatly restored.

Rebound in the complex economic environment is expected to continue, the domestic market is also expected to usher in a good start.


 
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