Where Is The Cotton Price Trend In The Middle East?

In January 8th, as Zheng cotton rose steadily and continued to break ahead, the news of the escalation of the conflict between Iraq and the United States temporarily blocked its upward trend. The rise in the price of any commodity has never been smooth sailing, and the fall is basically a downward trend, which is the law of price operation. The news of the outside world is full of troubles, and how will Zheng cotton run next?

Indeed, today's WeChat friends circle is being bully by all kinds of missiles, attacks and crashes. No matter whether the news is true or false, everyone is working hard to spread the news, for fear that others will not know it. Of course, when the official news has not yet been released, we'd better not incorrectly relay the information. Only from the analysis of the trajectory of commodity prices, the conflict between the United States and Iran does have a great impact on global commodities, especially the prices of chemicals related to crude oil. In addition, the market risk aversion increased, resulting in gold and silver precious metals prices continue to rise, it can be described as an investor's event, the wave increases, the opportunity to increase.

How big is the impact of the US Iraq conflict on cotton? Some investors said that cotton's original rally has been improving, and it is likely to continue to break through the previous high operation. However, the impact of the outbreak of conflict in the US and Iraq and even the expected upgrade will make it even more obvious. It is feared that the Iran issue may affect China and the United States to sign the first stage agreement, and cotton prices may be turned back to its original form.

Of course, some investors insist that bullish, that the fundamentals and value laws determine the bottom of cotton prices will only gradually uplift, the future price of cotton will only be less and less, and this view is not unusual.

In my opinion, it is also a good opportunity and choice to wash our opponents by using these temporarily unfalsified messages and unknown influences.

Under the smog of market spread, it is meaningless to talk about flying around. The price will digest and tolerate everything. At least, at present, Zheng cotton is limited by the conflict between the US and Iraq. As for how the future will affect and change, we must continue to pay attention to the development of the situation. Never do anything foolish to frighten yourself. Otherwise, you can only be a snake in your head, and you will lose your sense of judgement.