Yesterday, chemical collective outbreak, rubber (18135980, 5.71%) the main 1701 contract closed in the limit of methanol, the 1701 main contract hit a limit, asphalt, PP main 1706 contract 1701 main contract also rose more than 3% and 2%. respectively.

In fact, after entering in October, chemical plate varieties by virtue of its fundamental improvement, the formation of resonance with domestic commodity bull market atmosphere, almost ignoring changes in oil prices and the volatility of the external market opened since the beginning of low rebound after the third round of the wave, the Bulls still apparently reluctant to give up, made a comeback in the “double eleven” after the fall.

The disk, HuJiao main 1701 contract morning pull straight up, the sealing plate after trading to close at 17130 yuan / ton, the price hit a new high stage, rose to nearly three year high. In the recent HuJiao fundamentals continue to improve under the guidance of performance is very strong, on the one hand, the heavy truck and car sales data continued strong recovery; on the other hand the stop cutting around the corner, an important theme of stop cutting period reduced supply is long speculation. In addition, due to the international oil prices rise to help market sentiment warmer, but also limit the methanol before noon, near the late opening, the price also hit a new high stage, up to a year and a half high, coal prices high to form a strong support for the cost, and to accelerate the inventory boost the trend of methanol.

Bankuailundong is normal

Analysts pointed out that in the different period, the commodity market has characteristics of round plate, high income, asset shortage driven funds not only in the categories of assets such as stock market, bond market, property market and commodity and other major categories of asset rotation, but also exist in the commodity characteristics of internal rotation.