Wang Decheng: Do not guess the top when rising,25Market Analysis of Japanese Soybean Meal, Egg, Fuel, Silver Futures

      A new year and a new beginning, shedding the burdens of yesterday and embarking on a new journey. I won't say much about the words of blessings here. Let me talk about practical issues from a practical perspective. The first point is that after paying salaries during the Chinese New Year, some investment friends should not be swayed. Investment carries risks and still needs to be treated rationally. The author strongly recommends that you do not invest too much money in trading. The second point is the old saying that you must bring stop loss trading, otherwise you will always be trapped. Decoupling is really a detestable thing. If you encounter unilateral market trends, it is easy to sell your orders. The third point is that as long as your orders are profitable15If it is more than one point, it is important to remember to bring a breakeven loss to avoid profitable orders turning into losses in the end. The fourth point is that some of your families grow apples, soybeans, and raise chickens to make glassfuturesBig shot, don't assume that you are familiar with the spot market and have a long-term layout of heavy positions. Heavy positions may not yield good results. If you don't believe it, take a look at Fu Xiaojun. No matter how big your funds are, you cannot compete with the control of professional main institutions. Heartfelt words, I hope all of you can listen.

   

    Alright, let's get to the point. Now we are starting to analyze the future market trends of soybean meal, eggs, fuel, and silver futures.

　

   Soybean meal main contract:

Today's soybean meal adjustment is gaining momentum and strengthening40Multiple point reporting3592One Belt Market, Indian Soybean Processing Association（SOPA）Weighing,1The export volume of Indian soybean meal reached336,390Tons, year-on-year growth484%. Due to the global rise in soybean meal prices to a six-and-a-half-year high, India's soybean meal exports to Europe and Asia have become profitable. Although the outbreak of avian influenza in India has damaged domestic feed industry demand, an increase in Indian soybean meal exports has helped support local soybean prices and may lead to a decrease in soybean meal exports from South America to Asia.SOPAWeighing,1India's soybean meal exports to France, Germany, Indonesia, and Bangladesh increased in the month. stay2020/21Annual（10From month to year9The first four months of a month, i.e10Month to1In the month, the export volume of Indian soybean meal is950,134Tons, more than doubled compared to the same period last year.

On short-term operations, soybean meal2105Currently, the daily level of soybean meal is gradually stabilizing and rising, and the overall trend is expected to continue to rise. The author, Wang Decheng, suggests a pullback in soybean meal3580Support multiple batch entry operations above.

　 Egg Main Contract:

Today's egg range fluctuates130Multiple point reporting4484Small bearish trend, fundamental:2month8The stability of spot egg prices nationwide is the main focus. The average price of eggs nationwide is3.95, compared to2month7day+0.00. Among them, the average price in the sales area4.35Average price in production area3.75. The supply of eggs in the main egg producing areas nationwide remains low. Before the Spring Festival, the market had sufficient stock and supply, but consumption also declined after the peak of stocking.

On short-term operations, eggs2105The overall trend of contracts and eggs is gradually strengthening, breaking through levels and rising in the market. Eggs are gaining momentum and there is still room for market growth. The author suggests a pullback for eggs4450Support multiple orders in batches above.

​

Main fuel contract:

　   Adjustment of fuel storage capacity between residential areas fluctuates by dozens of points and reports revenue2428Market patterns and news coverage in the region:1Singapore Enterprise Development Authority（ESG）According to the published data, as of1month27The inventory of residual fuel oil in Singapore, including fuel oil and low sulfur waxy residual oil, decreased during the current week120.810000 barrels to2079.1Ten thousand barrels; Reduced inventory of light distillates, including naphtha, gasoline, and reforming oil152.610000 barrels to1396.2Ten thousand barrels; Reduced inventory of medium distillate oil108.410000 barrels to1407.4Ten thousand barrels.2According to data from the Baltic Sea Trade and Shipping Exchange, the overall dry bulk freight index has declined8Point, with a decrease of0.55%Report1444Point. Spot price:2month1Singapore fuel oil (high sulfur)380Cst）Spot quotation328.87dollar/Tons, up from the previous day4.81dollar/Tons (converted into RMB at the exchange rate of the day)2125element/Tons, excluding shipping and other expenses);0.5%Low sulfur fuel oil spot quotation439.68dollar/Tons, up from the previous day5.69dollar/Tons.

　 On short-term operations, fuel2105The main focus of the contract is the gradual accumulation of fuel to break through levels and increase volume in the market. The overall momentum of fuel accumulation will continue to increase, and the market strategy will continue to rise. The author suggests a correction in fuel prices2400Support the idea of entering multiple orders in batches above.

　 Silver Main Contract:

Silver range fluctuation washing150Report at around o'clock5753In the region, US bond yields have declined across the board,3Monthly US Treasury yields decline0.5Basis point report0.041%，2The yield of one-year US Treasury bonds has fallen1.6Basis point report0.117%，3The yield of one-year US Treasury bonds has fallen3.2Basis point report0.211%，5The yield of one-year US Treasury bonds has fallen3.1Basis point report0.551%，10The yield of one-year US Treasury bonds has fallen4.5Basis point report1.276%，30The yield of one-year US Treasury bonds has fallen5.6Basis point report2.039%. In late New York trading, the US dollar index rose0.35%newspaper90.9146, rising for two consecutive days; Non US currencies mostly fell, with the euro falling against the US dollar0.53%newspaper1.204The pound fell against the US dollar0.29%newspaper1.3862The Australian dollar fell against the US dollar0.07%newspaper0.775USD/JPY down0.17%newspaper105.86。

　 On short-term operations, silver2106The contract and the adjustment of silver's potential range are highly volatile and will continue to rise in the market trend. It is expected that the broad consolidation and strong market trend will continue. The author, Wang Decheng, suggests that silver should make a correction5720Support multiple orders entering in batches above.

    Refuse the temptation of high profits and persist in rational investment. Investment and financial management are high-risk things, not as easy to make money, and maintaining rationality is the most important. Respect laws and regulations, avoid financial traps, and stay away from "high yield" scams. Investors must learn more relevant knowledge to distinguish between real and fake platforms, and learn the most basic knowledge of investment. Author Wang Decheng Futures Qualification Qualification NumberT329796Qualification certificate number of financial planner:CICFPAGC1161851Contact WeChat Sync on your phone:15851503763。