The sluggish economy will lead to lower demand for products and lower product prices, but the economic downturn will also make the international countries abuse money and silver, constituting excess activity, but also make the price of products rise. The recent surge in gold prices is the same reason people are desperate about paper money, in addition to their risk aversion, so products priced in paper money are certainly more valuable than all paper money. Therefore, the author thought that the probability that the bulk products would fall like that during the 2008 financial crisis was not great.
The concept of price depression and the tight supply and demand have great potential for soybean growth. If a lot of activity will lead to the rise of all products, then the greatest potential equivalent of agricultural products (15.84, 0.00, 0.00%). Despite a previous rally in agricultural futures such as soybeans and Maize in the second half of the year, the rugged rally was not as steep as that in soft products such as copper, cotton and sugar, and there was still a definite price depression in many products. This is also one of the reasons for the recent fear that the beans in the city will fall less rugged.
Previously, the American Petroleum Institute assumed that stocks of US crude oil and gasoline and distillate oil had dropped in all directions. As of August 5, 2011, U.S. crude oil stocks were 348.64 billion barrels, down 5213,000 barrels from the previous week; gasoline stocks were 212.15 billion barrels, down 1.05 million barrels from the previous week; distillate stocks were 151.59 million barrels, down 558,000 barrels; crude oil imports were 9.187 million barrels a day, down 143,000 barrels; and equipment operations were 87.6%, down from the previous week Add 0.5% a week.
Relevant personages of China's Phosphate Fertilizer Industry Association have indicated that since the second half of the year, the price of domestic phosphate fertilizer has been at a high level. The primary reason is that phosphate rock, as the primary material of phosphate fertilizer, is mainly distributed in Yunnan, Sichuan, Guizhou, Hubei and other provinces in China. Phosphorus ore mining and transportation have been affected, transportation costs have been rising, which makes the supply of phosphate fertilizer manufacturers is now more severe, production costs have been improved, and recently Hubei Province has issued a policy to restrict the exploration of phosphate ore, China's Chemical Mining Association has also launched the "12th Five-Year Plan" for the opening of chemical and mining industry. A variety of factors further reduced the supply of phosphate rock, and then pushed up the price of domestic phosphate fertilizer stores.