Recently, the big atmosphere of the commodity market is strong. Most commodity prices create a new high, just when the market is immersed, the US CPI data is announced in the United States yesterday, and most commodity prices turned down, and the nitent atmosphere once.

It is reported that US CPI has increased by 4.2% year-on-year, expected to grow 3.6%, the previous value increased by 2.6%, refreshing the ten-year high. Previously, the universal prediction of the core CPI in April was 0.3% from the previous month, which was more than 0.2% since 1999. The US inflation data is expected to surprise the market, which will continue to test the Fed's determination. Previously, the Fed has repeatedly emphasized that inflation data and employment data are related to whether or not to raise interest rates in the future. Previously, employment data was significantly lower than expected, the entire financial market (including commodities) ushered in a wave of strong rebound, because the market expects employment data lower than expected, indicating that the Fed will not tighten monetary policy in short-term reserves. Today, the inflation data is substantially higher than expected, the random stress increases, and the overall atmosphere of the market turns.

The author believes that according to most institutions and experts, this year's Fed's interest rate hike probability is zero, and the fastest will go to the beginning of next year, so the raising interest rate is only hung on the head. Sword, although there is a dangerous moment, but it will not fall, which is equivalent to giving the market asthorn opportunity. Of course, the most critical or the supply and demand relationship of the product itself.

Taking cotton as an example, the current supply end is normal and the inventory is still large. The new annual cotton has been planted, and the new cotton has broken the seedlings. There are some extreme weather in the near future. Some cotton fields are affected, and the cotton prices have fluctuated. People who are familiar with Xinjiang cotton plantation clearly, Xinjiang will suffer a variety of meteorological disasters every year, but the level of affected is high, and of course this weather speculation indicates that the substantial changes in both ends of supply and demand, the disk price will inevitably make reactions .

At present, the world's major consumer markets such as Europe and the United States have gradually relaxed. The epidemic situation that affects the price of cotton prices is gradually eliminated, and the recovery of the consumer market in the future is expected. In addition, as the largest cotton produced by the world, the epidemic is still in the out of control. It is still difficult to cause a lot of impact on cotton production and textile orders. At present, there is still a subject of funds, so the short-term callback of cotton is not meant. At the top, the future probability has the possibility of continuing to rush.