[期货]第1组 大豆期货0909分析.pptVIP

Futures Analysis on the prices of soybeans The current price of soybeans Price: 5th June, 2009, DCE 0909 soybeans futures contract price 3,916 yuan per ton. Open Interest: 69,582 Volume: 5,756 Current analysis on of the price Soybeans Futures has a seasonal price pattern, it’s from a low around harvest time to a peak the following spring. However, the most significant factor for soybean price is the crush margin, or the difference between the cost of the beans and the price of their end products. If the price for soybean meal and soybean oil are relatively high, crushers will bid for beans and drive beans price up. Current analysis on of the price And as the NEWS shows, USA’s soybeans inventory become running short before the following harvest, it will be the lowest among the recent 32 years. The trend of the USD is depreciating continue. The price of soybean meal and soybean oil are continue to move higher. Compare with the overseas futures market, the price of the soybeans futures is low. From candlestick chart, we can know that the future price is at a position of retracement after a breakaway, see the analysis: Even though from the Daily MACD, the future price may grow weaker. We can see from daily RSI, daily RSI descends from a high point 80 to about 60 on 5th, June. We can regard it as a procedure of retracement after a breakout. This price platform is about 800-1000 cents. Daily Boll shows it is still at a ascending channel. As we can see in the daily STO, %K ﹥%D, so it is more likely that the future price will continue to ascend. Weekly MACD, BOLL, RSI are all at a good position intends to grow stronger, especially for RSI which has already break out 50, MACD and BOLL are also at a ascending channel. From monthly MACD, Boll, RSI, we can see the future price is in dull. The important point is whether the future price could ascend over 1100 cents stably under the circumstance that crude oil will grow stronger while American dollars will grow weaker. T