Due to continued drought conditions in Argentina, the weaker US dollar and the buying of funds, the futures price of the Chicago Board of Trade on the 27th hit a fresh high since July 2008, and soybean prices rose for six consecutive trading days. Affected by the weak demand for US wheat exports, wheat prices fell slightly.
On the same day, the most active March contract in the corn market rose 1.25 cents to close at $6.1525 per bushel, up 0.2%. The March wheat contract fell 2.75 cents to close at $7.8025 per bushel, down 0.4%. The March soybean contract rose 24.5 cents to close at $13.845 per bushel, up 1.8%.
As the market has raised interest rates in China has been expected, and analysts believe that China's interest rate hikes will not have a significant impact on China's agricultural imports, so similar to the performance of most financial markets, the Chinese central bank announced the news of the second time during the year to raise interest rates only The agricultural product futures prices fell slightly in early trading and gradually rebounded.
Related news New York gold prices stabilized recovery Xinhua News Agency (Reporter Li Wei), the dollar weakened and investors bought on the bargain, the New York Mercantile Exchange gold futures prices on the 27th before the suppression, a slight increase. The most active February contract rose 2.4 US dollars to close at 1382.9 US dollars an ounce, an increase of 0.2%.
Since the day was the first trading day after Christmas, most investors were still on vacation, and bad snowstorms affected traffic. Many traders were absent from trading, resulting in a very light gold market trading.
Silver futures for delivery in March fell 7.3 cents per ounce to close at $29.255, a decrease of 0.2%. Platinum futures for delivery in January rose by $12.4 per ounce to close at $1735.5, or 0.7%.
On the same day, the most active March contract in the corn market rose 1.25 cents to close at $6.1525 per bushel, up 0.2%. The March wheat contract fell 2.75 cents to close at $7.8025 per bushel, down 0.4%. The March soybean contract rose 24.5 cents to close at $13.845 per bushel, up 1.8%.
As the market has raised interest rates in China has been expected, and analysts believe that China's interest rate hikes will not have a significant impact on China's agricultural imports, so similar to the performance of most financial markets, the Chinese central bank announced the news of the second time during the year to raise interest rates only The agricultural product futures prices fell slightly in early trading and gradually rebounded.
Related news New York gold prices stabilized recovery Xinhua News Agency (Reporter Li Wei), the dollar weakened and investors bought on the bargain, the New York Mercantile Exchange gold futures prices on the 27th before the suppression, a slight increase. The most active February contract rose 2.4 US dollars to close at 1382.9 US dollars an ounce, an increase of 0.2%.
Since the day was the first trading day after Christmas, most investors were still on vacation, and bad snowstorms affected traffic. Many traders were absent from trading, resulting in a very light gold market trading.
Silver futures for delivery in March fell 7.3 cents per ounce to close at $29.255, a decrease of 0.2%. Platinum futures for delivery in January rose by $12.4 per ounce to close at $1735.5, or 0.7%.
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