professionalvideopokerstrategy| Lin 'an District's real estate market purchase and new energy vehicles going to the countryside support higher rebar futures prices

News summary

Lin 'an District purchases commercial housing for public rentprofessionalvideopokerstrategy, rebar output increasesprofessionalvideopokerstrategy, for new energy vehicles to go to the countryside, the RB2410 contract fluctuates too much, and risks need to be controlled.

Newsletter text

[The Lin 'an District Housing and Construction Bureau of Hangzhou City revealed that the Lin' an District Government has decided to purchase a batch of commercial housing in the area as public rental housing] The Lin 'an District Housing and Urban-Rural Development Bureau of Hangzhou City recently issued an announcement announcing that the Lin' an District Government has decided to purchase a batch of commercial housing in the area to meet the demand for public rental housing. The announcement clearly states that the purchased houses must be located within Lin 'an District, Hangzhou City. [The 2024 new energy vehicle going to the countryside will be launched soon, aiming to enrich the consumption experience in the rural market.] In order to further promote the popularization of new energy vehicles in rural areas, the five departments jointly announced that they will launch the "2024 New energy vehicle going to the countryside activities" from May to December 2024. The event will focus on promoting new energy vehicle models that are favored by the rural market, have good reputation and are of reliable quality. During the event, activities such as concentrated exhibitions and test drives will be organized to enrich consumers 'experiences and provide diversified choices. [The rebar RB2410 contract increased its position, boosting market confidence] On Thursday, the rebar RB2410 contract ushered in a rise driven by the increased position, and the spot market price increased simultaneously. Data shows that the weekly output of rebar in this period has increased, and the capacity utilization rate has exceeded 50%. The continued release of terminal demand and the continued decline in inventories have driven the growth of apparent demand. At the policy level, the Hangzhou City government's purchasing and storage measures and the joint activities of new energy vehicles to the countryside carried out by the five departments have injected confidence into the market and formed strong support for rebar futures prices. [Technically, the RB2410 contract's 1-hour MACD indicators DIFF and DEA rebounded at low levels] From a technical analysis perspective, the rebar RB2410 contract's 1-hour MACD indicator showed that DIFF and DEA showed a low rebound trend. Changes in this technical indicator may indicate that the market may maintain a volatile trading pattern in the short term. [Operational suggestions: Trading with too much shocks, pay attention to risk control] Based on the current market trend and favorable policies, investors are advised to adopt a trading strategy with too much shocks when operating the rebar RB2410 contract. However, it should be noted that market risks still exist, and investors should strictly control risks during the trading process to avoid over-investment.