After hitting a high point on165438+1October 4th, the main contract price of vegetable oil began to adjust back, and soared again on165438+1October 9th, but failed to break through, and then fluctuated and weakened. Judging from the current K-line form, vegetable oil may appear at the head and shoulders, but it can only be confirmed if it falls below the low point of165438+1October 8. On the whole, the upward trend pattern of vegetable oil has not been destroyed, and the lower edge of its oscillating upward channel has certain support for the price. 65438+February 6 vegetable oil was supported by the expected tight supply under the background of sharp decline in rapeseed output, and the most resistant vegetable oil was the previous oil reform. As the overall market sentiment heats up, the performance of vegetable oil bulls is more positive.

1. Rapeseed oil, also known as rapeseed oil and coriander oil, is squeezed from rapeseed and is one of the main edible oils in China. Rapeseed oil is golden yellow or brown in color and has a certain pungent smell, which is called "green odor". This smell is caused by a certain amount of mustard loops, but ultra-fine varieties of rapeseed do not contain this substance.

Second, 1. It is often said that the essence of futures trading is the game between buyers and sellers in the market. One side will make a profit, and the other side will inevitably lose money. It's true. However, futures trading is not a real zero-sum game, because there are some external factors to consider. It is this factor that makes the sum of profits and losses of both sides often less than zero, which becomes a negative sum game, and profits and losses are equal to negative numbers. So we often say that 80% to 90% people in the futures market are losing money, and only 10% people are making money.

2. Vegetable oil, like other varieties this year, vegetable oil has doubled (some even more), and the time has come first. Just before vegetable oil, other varieties rose first and then fell, and some returned to the starting point from the end. At this time, all participants in the futures market saw that rapeseed oil came from behind and was still at a high level. Many people think that other varieties with huge increase have fallen back, so for example, rapeseed oil will also fall back to its original point! So I'm afraid of missing the highest point.

However, the futures market is a negative sum game. From the game point of view, both large and small fund participants can see the trend of vegetable oil (the popularity of vegetable oil bar is stronger than before). If they are all short, small funds can still make money by virtue of their flexible advantages, while large funds of small funds can't make much money even if they fall sharply because they have no rivals. Coupled with the support of the spot price of vegetable oil, large funds only operate in reverse, pushing up prices from time to time, making short small funds, especially those with heavy positions, face greater losses, and even short positions make profits again and again. This is why rapeseed oil has been consolidating at a high level.