Shanghai Copper Trading Oil strength

Phase of the City of Observatory analysis 19th, the general high Open, which Shanghai copper trading, and oil varieties also performance strong, high soybean after the shock finishing, the main 1001 contract close 3478 yuan/ton, up 39 yuan, positions to reduce 9092 hands.　　Soybean Meal market funds continue to flow, the main 909 contract reported at 2916 Yuan/ton, up 61 yuan, positions increased 12992 hands. Even within the day trend continues to be tepid, overnight U.S. plate rose for its high open to provide the kinetic energy, but due to lack of funds concerned, its rise to kill and fall kinetic energy are obviously insufficient, in the domestic spot prices on the United States, such as the rise of soy beans, such as positive stimulus to respond, even the beans more difficult to break through the current trend of follow, but in the overall bullish beans, Easy to go down is still the main trend; soybean oil 19th collar beans, day trading is very active, the oil market bullish and spot price is strong for the oil price provides support, after 18th a large correction, the spot price is obviously upside down. Technically, soybean oil is still in the upward trend,　　and has not reached 0.382 rebound target, investors can not easily rob callback; soybean meal 19th also out of the obvious rally, the domestic live hog rumors to give it a certain support, at the same time the current difference still exists, the price has a supporting role, but the strength of soybean oil 19th or limit its rise, in the overall strength of the beans, soybean meal easy to rise difficult to fall. Zhengzhou white Sugar 19th opened a narrow range finishing, positions and turnover have been reduced. The main 1001 contract closed at the end of the settlement price rose by 9 Yuan, the reported 4196 yuan/ton, the position of 280196 hands, reduce 7296 hands. From the position, the top 20 positions for 100447 hands, to lighten 6384 hands, short of the top 20 positions for 92840 hands, lighten 2556 hands, long high to lighten the will obvious. Technically, the bottom of the 20th EMA has strong support, 4200 yuan/ton position will become the main focus of the future, in the spot holding firm support, Zheng Sugar is expected to maintain high finishing trend. In addition, due to the basic end of sugarcane cultivation, future attention to China's sugarcane planting area news. (Green futures) domestic futures variety Day position change (hand) domestic futures varieties daily turnover (hand) domestic futures variety Day positions (hand)