Jinshi Futures: volume reduction and position increase, Shanghai oil low shock
international aspect: the price of crude oil futures in New York fell on November 3, because there are signs of a broader economic slowdown, which may freeze the growth of oil demand next year. December crude oil futures on the New York Mercantile Exchange closed down $3.90 to $63.91 a barrel, down 5.8%
a series of manufacturing activity reports released on Monday further added the service theme of Jinan gold testing factory: Based on innovation, the bleak outlook for oil demand has been highlighted. According to the report released by the American Institute of supply management on Monday, the factory activity of flexible packaging manufacturers in the United States fell in October, and the manufacturing activity index hit the lowest level since 1982. According to a survey of purchasing managers, the euro zone manufacturing activity index hit a record low in October. Data also showed that UK manufacturing activity shrank for the sixth consecutive month in October. According to two important purchasing managers' data, China's manufacturing activity also weakened in the month. However, China's seemingly stable demand growth has supported most of the expectations for the growth of world oil demand next year. According to the latest outlook of the International Energy Agency, China's oil consumption demand in 2009 will increase by 420000 barrels/day compared with 2008, accounting for 61% of the world's oil demand growth. As China's fiery economic growth is also showing signs of cooling down, creditsuisse analysts said on Monday that China's oil demand is expected to grow by only 100000 barrels per day, or 0.2%, next year, while the world's total oil demand is expected to fall by 300000 barrels per day
on Monday, the price of fuel oil in Huangpu market in South China continued to decline, despite the rise in crude oil prices on Friday and the rise in crude oil prices in electronic trading in the morning. Asian fuel oil paper prices remained weak due to the expected increase in supply this month and concerns about low demand in the Chinese market. A trader said that due to sluggish demand and weak future market in Huangpu, trading interest was cold. The trader also said that market traders left the market to wait and see, as prices were expected to fluctuate this week
today, fuel oil contracted and increased its position, opening low and shaking, maintaining a weak position. The positive effect of OPEC's production reduction remains to be tested by time. The expectation of economic downturn is pessimistic, and crude oil continues to remain weak. Operation suggestion: short-term trading
note: today we will talk about the two common problems and solutions of 1 downforce testing machine. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
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