Investors in the domestic market are easily influenced by emotions. Once the price of a certain kind of assets is highly concerned, investors are used to pouring into this market, thus further amplifying the short-term ups and downs. After the regulatory authorities? Cooling? Measures, steel, iron ore, coking coal, coke and other varieties continued to fall, rebar futures prices fell by nearly 9% a week, and coking coal varieties with the largest decline in the steel industry chain fell by 1 1% during the same period. However, with the gradual release of investors' worries, the following major varieties are still picking up. The price closed at a daily limit of 6%; Coke fell by 5.27% and coking coal by 3.77%.
The market expects that real estate indicators may continue to fall in the second half of the year. In addition, July and August are the off-season of the property market. Several rounds of heavy rains and floods in the Yangtze River Basin have led to the recent slowdown in infrastructure construction, which has led to oversupply in the steel market, and the market is obviously worried about oversupply.
In addition, the increased uncertainty in the global market, coupled with the lower RMB exchange rate, has also caused market uncertainty, which has a negative impact on the expectation of commodity price trends. Judging from the latest quarterly commodity market outlook released by the World Bank, the decline of commodity prices this year is less than previously expected, and prices will rise moderately in 20 17 due to rising demand.
Some insiders have also judged that commodities will continue to be strong in the later period, leading to the split pattern that the market expects the economy to go down and commodities will continue to be strong. China is a major importer and consumer of commodities. In the context of the current economic slowdown and the current ups and downs of the commodity market, experts believe that it is necessary to take necessary measures. ? Judging from the general expectation of the market, it is likely that commodity strength will be inevitable in the short term. ?
For the downstream enterprises most affected by the ups and downs, it is urgent to use a variety of effective tools to hedge the risks in the market, especially to fill the shortcomings of simple tools such as options. At the same time encourage enterprises? Go out? With the help of? Belt and Road? Strengthen the layout and hedge the impact of the low rebound of commodity prices. In addition, experts believe that it is necessary to reasonably guide industry enterprises and implement them? Three to one, one drop and one supplement? Supply-side reform tasks, namely? De-capacity, de-inventory, de-leverage, cost reduction, and shortcomings? Avoid the resurgence of excess capacity, thus stimulating the rise and fall of commodity prices.