Due to the short-term coach factory outlet online bottom formation, technical rebound can still phase, expected market outlook is expected to shock period refers to rebound, investors pay attention to period now spread under the condition of the rolling do much. Copper: on Friday copper strong city, in addition to the ECB meeting announced an unlimited bath type purchase debt and next week the federal reserve meeting may launch QE3 outside, the relevant Chinese development and reform commission approved by dense local project in order to protect growth and to the market added power, considering the recent LME copper stock continued rapid decline, consumption season and will be coming, we tend to 9, October copper prices are still continue to rebound may, LME copper still has the possibility of ascending to 7900 us dollars, the domestic copper price if you can on 56400 yuan, so also has the possibility of ascending to 58000 yuan. Trade can offset many operation. Consumer enterprises should do value. Zinc: zinc price this week by macroscopic bullish news boost concussion uplink, Friday plate has been broken on 15000 yuan pressure line. Spot, zinc price has been for a more modest, failed to show signs of stabilising, the downstream for not quite value after potential, only according to the need to purchase, and smelting plant and traders higher positive on the goods, trading and more focused for trade between business. Industry, traders and refinery sources said, August demand is further decline. Although it is can't get August data, but July refined zinc apparent consumption fell by 10.6%, and 6 months for a growth of 11.1% to be somewhat. Part of the smelting plant said no longer expected fourth quarter demand. At present a large number of zinc inventory to meet any additional demand, infrastructure projects will only bring small effects. It is reported that at present China's official and folk warehouse has more than 1 million tons of refined zinc ingot. Operation, the short term by macro economic uncertainty influence, zinc price fear will continue to market shocks, In the middle of the weak partial empty thought do not change. Lead: this week lead price shocks upward, LME lead price on above $2000, Shanghai lead is also on broken 15000. Spot, spot with a QiJia market clinch a deal is relatively weak, high performance supply blame very, very little volume. Industry, work letter department released yesterday "secondary lead industry access conditions" (hereinafter referred to as "conditions") clear, the new secondary lead projects must be more than 50000 tons/year. Out of 10000 tons/year the following secondary lead production capacity, as well as the crucible smelting, direct coal of reverberatory furnace technology and equipment. Encourage enterprise implementation of more than 50000 tons/year expansion secondary lead project, to 2013 out before the end of 30000 tons/year the following secondary lead production capacity. In the short term lead price shock down ideas treat. Aluminum: this week LvJia pull up upward. Spot, middlemen actively procurement delivery brand aluminium ingot but low supply of goods is hard to find, and downstream joint cargo intend to insipid, market not delivery brand aluminium ingot supply is abundant, the east China aluminium ingot clinch a deal the center of gravity confined in 15400 yuan/ton, the overall co., LTD., clinch a deal.
Industry, the domestic seventy percent aluminum foil enterprise with September coach outlet store online order will be balanced, reduce the process cost keep order has become the current aluminum foil enterprise with a last resort. According to enterprise reflect, terminal products such as curtain wall plate, general aluminum foil, air conditioning, double zero foil and recent order remains weak, many have certain cost advantage of enterprise through the cut processing charges or extend the cashier period to maintain the original production, rather than cut processing enterprise inevitably some order began to erosion, later production will appear a certain degree of decline. LvJia the short term or will continue to adjust trend shocks, fundamental too weakly hard to support rebound trend; , in the middle of the weak partial empty ideas do not change. Iron and steel: this week thread first after fall rise, touch bottom rebound, volume rebounded sharply, and accompanied by a large number of ing, clinch a deal and position are high and years later. Macroscopic aspects: August PMI in China for 49.2, after 9 months later again fell into 50 vicissitude line under, display the current economy is still in the descending process; But the recent development and reform commission intensive examination and approval nearly trillion infrastructure projects, the future or will constitute the demand of steel. Industry: imported ore price below 90 dollars/tons after a line, has slowed in, at the same time to FMG as a representative of mine have been cancelled modification projects, and a large number of layoffs reduced spending, import ore price or will further stabilises; Late August crude steel daily output is 1.8715 million tons, the production continues to fall, and then half a year to low, supply pressure to get a degree of ease. Operation, after continuous plummets later, thread has certain rebound kinetic energy, and at the same time, crude steel production step down, import ore price trend also began stabilises, thread unilateral fell temporary end, because this suggests investors prophase empty single can gradually off, radical investors can try more than short operation. Beans: this week inside and outside disc beans expansion high shock, the whole, beans continued to rise the kinetic energy of the lack of market, the lack of new bullish theme boost, and near new bean listed, supply will increase to a certain extent to the price pressure. But the northern soybean output to the background of the global supplies is still support the price, or limit price callback the dominant factors, the price is in South America new beans before listing will still remain high operation, short-term attention next week three USDA report, the beautiful bean 11 contract not broken 1700 cents, is still as high shock quotation. Even the disc beans this week high rushed back, the domestic stronger factor comes from the high cost and future a tightening in the supply of domestic, but after continuous rise, profits pressure also increased, high risk worth investors pay close attention to.
In view of our middle to see prices remain high operation ideas, beans back sharply space also shoulds not be too see; Deal before the coach audrey op art light warehouse report, soybean meal temporary does not participate in. Oil: domestic grease in the beginning of the lack of beauty disc guidance rise rapidly, and then into the back to adjustment principle, the profits drag. USDA latest weeks degree crop report shows that beautiful bean was 30% with the same last week, the rainfall increasing influence, the beautiful bean was to dimensional stability make market has careful, give priority to lock in a profit. The horse palm-oil August export strong boost disk and inventory crisis aggravating make price pressure, but if soybean oil well by cost price is too high, palm oil will still have certain market. According to market research, by July 31,, Canada rapeseed business and farm reserves total inventory year-on-year drop more than 40% to 1 million tons, between the two countries because of strong demand and add press capacity big, side reflects the current beauty bean and later rapeseed supply tension. Attention MPOB next week, USDA monthly report, short-term grease in inventory high, holiday effect mild and national regulation and control pressure, present shock finishing. But still suffers in the middle of the oil to reduce support, advice wait for callback after the opportunity to do more. Fuel oil, crude oil futures fell this week, from the overall situation to see, in a narrow range of shock condition, the market in the federal reserve interest discussion meeting appear relatively cautious. As the market expected the federal reserve to further implement the existing stimulus policy possibility plus to Iran's embargo continue, crude oil prices have support. But there is no lack of bad factors of crude oil in the near future, the United States, China, Europe manufacturing data weakness will continue to drag down oil demand; Hurricane Isaac has gone, and nothing to crude oil production facilities caused great damage; September to the traditional consumption off-season; Even more important, the United Nations (micro Po) international energy agency other member states release the possibility of strategic petroleum reserve for oil prices forming pressing. Affected by the storm, the crude oil inventories last week to drop considerably, but along with the gulf of Mexico production activities of recover gradually, the influence of crude oil inventory decline limited. In macro risk events more cases, crude oil suggest watching. Rubber: this week Shanghai rubber main 1301 maintained at 22000 a concussion. The basic plane, ANRPC in the latest report released in August 2012, the global day glue production expected a 1.4% year-on-year increase, however growth far less than in the same period of 8.3; Indonesia announced the beginning of the first four seasons cut 100000 tons of rubber export; By August 31,, Qingdao bonded zone total inventory continue to increase to 254300 tons of historical high; This week imported rubber price fluctuate narrowly; Synthetic rubber market small go high; In July the Japanese domestic automobile production, sales and exports are increased;
From the domestic various car dealers listed in 2012 annual report published by the half can be seen dealer operation cost increase, and the overall trend of decline in margins is very obvious; The United States on August automobile sales and sales of 1.285 million cars, a year-on-year growth of nearly 20%; Development and reform commission (NDRC) reply today more than one trillion yuan project, will drive heavy card consumption. At present, the short term Shanghai glue or continue to maintain market shocks, and middle view, once the fourth quarter downstream demand picking up, years Shanghai glue or can usher in a wave of rebound. PVC: PVC maintain this week in the 6400-6600 interval concussion quotation, as oil prices remain high, ethylene prices continue to go up, make domestic ethylene method PVC cost remains high, supporting the PVC price trends, as well as some enterprise because of the high cost of production is expected to price also played a certain supporting role, but lower real estate market and no signs of improvement, traders also because of the high cost for the market outlook and cautious attitude not too many operating space, so the market clinch a deal is not ideal, the overall stock market downturn dented limits the futures price rebound height. This week's PVC commencement situation for 63%, a modest increase last week, mainly because of the parking overhaul drive gradually. Recent calcium carbide and liquid alkali prices fell slightly appeared the situation, will still give PVC ex-factory price pressure. Europe and America today and domestic stock market surged by short-term or boost, operation, and paying attention to 6400-6700 operation interval. Methanol: this week methanol ultra fall rebound, regression reasonable space. Spot, jiangsu out tank 2780 yuan/ton, the market has the largest single clinch a deal, shandong local up 10 yuan is now 2670 yuan/tons, hebei, central China, northwest market stable performance. Downstream, formaldehyde, dimethyl ether, acetic acid, this week basic remained stable, the factory joint cargo is still on-demand procurement. Port stock aspect, at present the east China port 450000 tons of inventory to maintain the normal level, because of the country's two big oil companies with Iran banned chemical trade, later inventory pressure is not big. We believe that Friday the overall atmosphere influence methanol rebound sharply, but in view of the demand side performance is still relatively weak, the bounce of the space is limited, 2700 point pressure will be much more obvious, methanol do not have the trend, it is suggested that short line operation is given priority to Strategy: stock index, thread, coke JiRuo already a long time, in the development and reform commission policy support, the strong rebound. This kind of situation, the short line jerk after into shock, the proposal fast forward quickly out of the operation. Copper can bargain involved in many single, above and space. Agricultural products (5.69, 0.24, 4.40%) high oscillation, call-back pressure is more and more big, have to guard.