14 09 Dalian soybean oil contract opened at 10,530 points to close 10,584 points, up 0.27% over the previous close, hand positions decreased from 448,000 to 44 million in hand. Dalian 9766 palm oil contract opened 09 points to close 9836 points over the previous closing price rose 0.47%. Positions decreased from 17.3 million contracts to 16.4 million in hand. U.S. Department of Agriculture released its monthly report on supply and demand balance, the report of the 2010/2011 U.S. soybean planted area, harvested area, per mu were made slightly downward. Overall, the latest report of the U.S. Department of Agriculture soybean 2010/2011 tight global supply and demand to be determined. Domestically, the policy control the pressure that funds were cautious, long rallies leave the capital. Especially in the Spring Festival, to maintain price stability an important task for the government, the domestic market risks faced by policy control, the operation should not be too much chasing.
14 can be described as eye-catching performance of the domestic wheat futures. Before the recent floods, Australia, the wettest since records began in the spring so that the world's fourth largest wheat exporter, the crop quality decline, ignited supply concerns and push up international prices. Recently, the USDA weekly export sales report showed net export sales of U.S. wheat last week, compared to the previous week dropped 68%, the lowest level to 10 and a half months. Dry weather has caused damage to the U.S. winter wheat, and home or abroad. After autumn, Shanxi, Shandong, Anhui and other major wheat producing province, has suffered drought, 11 months since there were not more effective precipitation winter wheat region. The rapid development of drought. Zhengmai rose drought, suggested investors lighten up on the price shot up after the recent need to pay close attention to dry areas for domestic production of wheat. The easy to futures GUO Zheng
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