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High Temperature Triggered The Market'S Worries About The Futures Market Of Agricultural Products.

2013/8/1 18:28:00 19

over the past few days, many countries have issued high temperature orange or even red warning. It is expected that by August 8th, the Yangtze River, the Yangtze River and Chongqing will maintain a high temperature of over 35 degrees Celsius. Through the growth stages of crops, weather factors can always become the theme of capital speculation. At present, the spring sowing crops are growing into the critical growing period and the seedling growth of summer sowing crops. The high temperature lasted until August, causing the market to worry about the futures market of agricultural products. 
Since P > July, the rainy days in the the Yellow River River Basin are much larger, especially in Shandong and Hebei. However, the local cotton is in the flowering stage, and the excessive rainfall and the lack of light cause some flower buds to fall off, which affects the seed cotton yield to a certain extent. At the same time, the southern region continued to have more than 35 degrees Celsius high temperature and little rain, especially in Hubei, Hunan, Zhejiang and other places, which is harmful to the growth of local crops, and affects the flowering and emergence of cotton in the Yangtze River Basin. 
 for this reason, market participants believe that continuous high temperature and drought are unfavorable for cotton growth. In August, the change of weather conditions in the main grain producing areas such as Jianghuai, North China and Northeast China needs close attention. 
 but after the market, fundamentals remain dominant. "In 2013 and 2014, the state will continue to implement the policy of purchasing and storing domestic cotton, and the" inverted hang "phenomenon will remain. Fang Huiling, a futures analyst at Tokyo, said that the cotton spot market will remain in a downturn. In the middle and lower reaches, a target= "_blank" href= "//www.sjfzxm.com/" > textile > /a > market sales are weak, textile enterprises generally have tight funds, and the start-up rate of enterprises has declined. 
 futures are hard to get "weather speculation" quotes. The agency said the cotton spot market is hard to change. 
 over the past few days, many countries have issued high temperature orange or even red warning. It is expected that by August 8th, the Yangtze River, the Yangtze River and Chongqing will maintain a high temperature of over 35 degrees Celsius. Through the growth stages of crops, weather factors can always become the theme of capital speculation. At present, the spring sowing crops are growing into the critical growing period and the seedling growth of summer sowing crops. The high temperature lasted until August, causing the market to worry about the futures market of agricultural products. 
Since P > July, the rainy days in the the Yellow River River Basin are much larger, especially in Shandong and Hebei. However, the local cotton is in the flowering stage, and the excessive rainfall and the lack of light cause some flower buds to fall off, which affects the seed cotton yield to a certain extent. At the same time, the southern region continued to have more than 35 degrees Celsius high temperature and little rain, especially in Hubei, Hunan, Zhejiang and other places, which is harmful to the growth of local crops, and affects the flowering and emergence of cotton in the Yangtze River Basin. 
 for this reason, market participants believe that continuous high temperature and drought are unfavorable for cotton growth. In August, the change of weather conditions in the main grain producing areas such as Jianghuai, North China and Northeast China needs close attention. 
 but after the market, fundamentals remain dominant. "In 2013 and 2014, the state will continue to implement the policy of purchasing and storing domestic cotton, and the" inverted hang "phenomenon will remain. Fang Huiling, a futures analyst at Tokyo, said that the cotton spot market will remain in a downturn. Sales of textile products in the middle and lower reaches are weak, and textile enterprises are generally in tight funds and the start-up rate of enterprises has declined. Under the current off-season textile industry, the raw material spot market is hard to change.