casinomaxcasino| Market opening: soda ash rose by more than 7%, iron ore, etc. rose by more than 3%

Open early in the morningCasinomaxcasinoThe main contract of domestic futures varies from rise to fall. Soda ash rose by more than 7%.CasinomaxcasinoIron ore, glass and coking coal rose by more than 3%, while urea, coke and container transportation index (European line) rose by more than 2%. In terms of decline, SC crude oil and low-sulfur fuel oil (LU) fell by more than 2%.

Soda ash: the price should not be underestimated.

According to the analysis of Huizhou merchants' futures, from a fundamental point of view, the weekly output of the supply side has maintained a high level of more than 700000 tons. Although the production profits of soda ash have dropped sharply and are at the low level in the past three years, due to the huge profits of soda ash manufacturers in the past three years, under the current circumstances, it is unlikely that manufacturers will take the initiative to reduce production. On the demand side, due to the rigid demand brought by rigid glass production, alkali plants still have a certain say in pricing before there is no real negative feedback from glass factory production reduction, so the price of soda ash should not be overestimated in the short term. From a disk point of view, based on the summer maintenance expectations and this year's glass clearance brought negative feedback, it is recommended to pay attention to the 9-1 positive set.

In terms of iron ore strategy, volatility is still appropriate, and the support under the 09 contract has been moved up to 800-820 yuan / ton.

The performance of industrial data is eye-catching, with 1.27 million tons of steel rebar removed from the warehouse, exceeding market expectations and further opening up the space for steel mills to resume production. According to Shanghai Nonferrous Network data, the output of hot metal increased by 1% this week.Casinomaxcasino. 460000 tons, steel mills continue to resume production. Both the steel terminal and the upstream of iron ore are favorable, driving iron ore prices to rise sharply. After the close, the acceleration of bond issuance and other macro benefits were realized, macro policies improved in the second quarter, market expectations strengthened again, and the rising market in the middle line was further established. Strategic volatility is still appropriate, 09 contract under the support moved up to 800-820 yuan / ton first line. (CITIC Construction Investment Futures)