At the close of early trading, the main domestic futures contracts were up and down. The container transportation index (European line) rose nearly 12%, manganese silicon rose by more than 6%, and rapeseed oil, palm oil, soybean oil and live pigs rose by more than 1%.Cryptoshotsgame.5%. In terms of decline, fuel oil, low-sulfur fuel oil (LU), coke, coking coal, glass and lithium carbonate fell by more than 1%.
The Container Index (European line) rose unilaterally, what aspects should be paid attention to whether it can rise in the future?
The main contract of Container Index (European Line) rose unilaterally. Galaxy Futures said that CMA and MSK last week announced a rise in June to $6000 and $5500, respectively, of which $5500 is expected to correspond to the SCFIS Index of about 3500-3600 points. If the freight rate is further raised in June, the index still has room to rise. 06 contract is still based on the idea of doing long every callback, and far-month contracts are still affected by geopolitics. One side suggests caution. In view of the fact that under the background of detour, the consignor replenishes the warehouse ahead of the peak season of the collection market, the cargo volume is expected to continue to recover in June, and the freight rate in June still has room to rise compared with May. In terms of geopolitics, the negotiations on a cease-fire between Palestine and Israel have made tortuous progress, and the far-moon contract needs to pay close attention to changes in the geopolitical situation.
It is difficult to change the current situation in the short term, and it is expected that the price of manganese silicon will maintain a strong trend in the short term.
Manganese ore prices continue to rise, cost support is strong, driving the manganese silicon price center of gravity continues to move up. Strong cost support affects the price of manganese silicon.CryptoshotsgameThe main factors are difficult to change in the short term. The shipment of Australian ore is still blocked, and the spot price of manganese ore has increased greatly. Tianjin Port (600717) the latest price of Australian manganese ore Mn45% is about 58 yuan / dry tonnage. With the increase of manganese silicon price, the month-on-month improvement of production profit, the opening rate and daily average output of manganese silicon production enterprises have stopped falling and rebounded. At present, the immediate profit of manganese silicon production in the northern region has become positive, while the southern region still has a small loss. The opening rate of the latest week is 42.75%, up 3.5% from the previous week, with an average daily output of 25000 tons, up from 4 weeks ago. Due to the release of manganese and silicon demand due to steel moves, month-on-month improvement has been slightly improved, hot metal production is also gradually recovering, the marginal improvement in supply and demand, and the month-on-month ratio of manganese and silicon inventory in enterprises has dropped significantly. By the end of this week, manganese and silicon inventory in 64 sample enterprises had dropped by 31.2% to 195000 tons. Generally speaking, the short-term status quo is difficult to change, the cost support is strong, and the short-term manganese silicon price is expected to maintain a strong trend. (Everbright Futures)
