Commodity market "red May" difficult to find a rise "theme song"

Given that the global macroeconomic situation has not yet been realistically improved, it is expected that commodity markets will continue to experience fiery fire again after May. May, the commodity market in the leading varieties-crude oil futures soared nearly 30% led to launch a new round of punch.　　China Securities News reporter Statistics, the month of LUN Copper Rose 9.65%, Chicago soybeans Rose 14.29%, the measure of commodity trend of the CRB index rose to 11.95%, while the dollar index fell sharply 6.59%.　　The dollar's sharp downward May dollar exchange rate has provided strong support for the rally.　　As the economic situation shows signs of increasing improvement and long-term US interest rates are rising, markets are beginning to speculate that the Fed will buy more government bonds, and that the expansion of QE will mean more selling of the dollar, in the wake of fears that a sharp rise in borrowing costs will seriously hamper economic recovery.　　A sharp rebound in consumer confidence in May, particularly in anticipation of a 6-month economic outlook, has certainly spurred a rise in investor risk appetite, dampening the market's need for safe havens for the dollar, according to a report released May 26 by the World Federation of Large Enterprises. Economic data from the United States also showed a slowdown in the May Dallas Fed manufacturing slump, while the Richmond Fed's economic index, while uneven, has shown a negative rise in the manufacturing sector, indicating that manufacturing activity began to expand; Moreover, the Chicago Fed said Improved production and income data helped to boost the monthly ratio of the national Activity index significantly.　　The dollar continues to be undermined by this effect.　　The economic performance of the May offensive in addition to the depreciation of the dollar, the economic operation has improved also let the commodity market May offensive increasingly fierce. The May report by the American Association for the United States (ICC) showed that the association's consumer confidence index was 54.9 in April and the initial value for 39.2 was 40.8. The May figures were far higher than the estimated 43.0 of economists surveyed earlier. The index is at its highest level since September 2008. 　　A sharp rebound in consumer confidence in May, particularly a sharp improvement in the outlook for the next 6 months, suggests a bullish outlook for the US economy and a slow recovery in the two or three quarter of this year. At the same time, China's April industrial synchronization indicators fell back, but not to change the May trend.　　In mid-May, the national power generation decreased by 0.57%, compared to the early-3.9% decline significantly narrowed, coastal zone performance better than the high energy-consuming areas, the end of negative growth in the coastal area, there is a positive trend. In addition, China's PMI index continued to rebound in April, or stabilised in May.　　The two PMI indices rebounded in April, further confirming a pick-up in the economy, with the PMI index of China's purchasing union rising for 5 consecutive months, hitting a record high of nearly a year. June or now callback however, it must be confronted with the fact that the May figures reflect an upturn in confidence among economic players rather than a real improvement in the economy itself. In fact, although the U.S. economy is now generallyThe slide has slowed, but figures in April of retail sales (0.4%), new house starts (12.8%) and unemployment (8.9%) also suggest that the road to recovery will remain bumpy. Similarly, China is facing the adverse effects of shrinking external demand, deteriorating trade financing conditions and rising protectionism, and the growth of exports will remain weak, indicating that the economic recovery is still to be strengthened. As a result, the commodity market as a whole is under the pressure of slow economic recovery, and under the support of the excessive money supply.　　Overall, the June correction is expected to remain greater than the likelihood of rebound. May commodity rise and Fall statistics variety May 1 May 29 month up or down (%) unit Exchange (Open) (close) of soybeans 1031. 60 1179. 00 14. 29 cents/bushel of CBOT Corn 401. 40 436. 60 8. 77 cents/bushel of cbot wheat 537. 00 636. 40 18. 51 cents/bushel of cbot soy oil 35. 60 37. 81 6. 21 cents/lb CBOT cotton 54. 35 56. 97 4. 82 cents/lb ice raw sugar 14. 36 15. 58 8. 50 cents/lb ice crude 50. 79 65. 08 28. 14 USD/barrel NYMEX rubber 180. 00 169. 10-6. 06th yuan/kg tocom copper 4300. 00 4715. 00 9. 65 USD/ton LME aluminum 1462. 50 1415. 00-3. 25 USD/ton LME lead 1325. 00 1480. 00 11. 70 USD/ton LME zinc 1415. 00 1485. 00 4. 95 USD/ton LME tin 12275. 00 13650. 00 11. 20 USD/ton LME nickel 11200. 00 13630. 00 21. 70 USD/ton LME gold 898. 60 961. 50 7. 00 USD/ounce COMEX silver 1280. 00 1516. 00 18. 44 cents/ounce Comex platinum 1099. 90 1149. 80 4. USD 54/ounce NYMEX dollar index 84. 28 79. 23-6. 59? D? D? D? D CRB 372. 57 417. 09 11. 95? D? D? D? D Note: All of the above are continuous contracts; Data source: China financial News; The value is up to Beijing May 31 18:30.