Crude Oil Index Crude Oil Index Forecast

Crude oil index forecast, bargain hunting is always a highly risky behavior. However, Zhongxin Huiyin believes that overall, the situation in the second half of the year is still not optimistic. The trend of crude oil in the first half of the year directly affects the entire commodity. In the second half of the year, crude oil is less likely to continue its monthly decline, but a major outbreak is also unlikely. Referring to the performance of crude oil after its plunge in 2018, it is expected that crude oil may first fall and then rise in the second half of the year, with the fluctuation range roughly ranging from USD to USD. The crude oil index predicts that the downward pressure on the economy and the imbalance between supply and demand will force commodities to continue to de-foam. The Golden Nine and Silver Ten may bring short-term positive effects, but the overall downward trend of the economy and the market will not change. In the second half of the year, B or yin and yang, B average , average rise and fall, etc. will be significantly worse than the performance in the first half of the year.
The commodity market will be ready for growth in the second half of the year. The crude oil index predicts that due to the continued development of the El Niño phenomenon, if the monthly intensity further strengthens, the probability of forming a moderate El Niño will increase, global vegetable oil supply and demand will turn from loose to flat, and the inventory-to-consumption ratio will return to the equilibrium position of % to %, driving soybean meal Price returns.
In addition, the non-ferrous sector and the coal, coking and steel industry chain in the second half of the year are also considered worthy of redemption. Crude oil index forecast, analysts believe that although the industry prosperity is not high, compared with other sectors, coal, coke, etc. have experienced long enough and deep enough adjustments. If there are policies or other favorable cooperation, there will be market opportunities to use copper in the second half of the year. Nonferrous commodities represented by aluminum and aluminum are still looking for a periodic bottom. For reference, there will still be a wave of speculation opportunities in the nonferrous market in the second half of this year, and the increase may exceed %.