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Why COFCO is the biggest bear of pigs?
The first empty warehouse of pigs closed 49.64%!

The capital market is always showing all kinds of legends!

China's pig futures is an example. This variety began to be listed and traded after ten years of brewing by the management, but it became famous because it chose to suspend trading for two consecutive trading days, and the decline was 3 1% lower than the spot 36 yuan/kg at that time.

At that time, experts from all walks of life stood up and said that the rationality of this decline was a correct estimate of the future pig price.

At that time, I looked at the largest short-selling COFCO futures and kept adding short positions at the low position. By yesterday, the largest empty order was as high as 6960 lots. According to the long-short equivalence, the company accounts for 73.82% of the total short orders.

But today, the biggest short position in COFCO has closed 49.64%(3455/6960).

All the draws were caused by the post-holiday surge in the commodity market, with the index rising by 6.24% (172.51183.28).

After the festival, the main pig contract increased by 9% (27,000/29,430), and the variety increased by 20.35438+0% from the low level, which was equivalent to the stock increase 142%.

If live pigs challenge the new high on the market, they need to increase by 4.25%(29430/30680)!

But I looked at the spot pig price and chose the opposite direction, that is, the downward work. Most of them fell to 29-25 yuan/kg, while some areas like Zhengzhou were as high as 3 1 yuan/kg.

Pig futures changed from a serious discount to raw water, indicating that American game stations are blooming everywhere in China capital market!