Reformation Time Of Commodity Is Coming
There"s an old adage that says it"s darkest just before the dawn
. That nostrum could be extended to the commodities markets.Take grains, for example. Bulls have been battered this year. Corn"s off more than 16 percent. Wheat"s down 13 percent and soybeans have slumped 9 percent.Henan Hongxing Mining Machinery Co., Ltd is a joint-stock mining machinery manufacturing enterprise integrated in scientific research, production and marketing. It is located at the High & New Technology Industries Development Zone of Zhengzhou,China with an area of 50 thousand m2 which includes 15,000 m2 of standard heavy duty industrial workshop. Equipments are more than 160 pieces, including large and medium sized metal processing, riveting and installing equipments. There are more than 660 workers including 80 administrators with secondary and senior occupational titles and engineering technicians. In order to promote the competitive strength, the advanced technologies have been introduced from America, Germany, Japan and Australia, which established the international advanced production line, first-class modern testing base as well as research centers of sand maker, mill and mine-selecting equipment. Scientific management, advanced processing technology and innovative manufacturing theory make the company become the mining machinery manufacturing and exporting base in China.
Hongxing Company lays much emphasis on the quality and clients. We serve clients with the quality guideline of being responsible for every working procedure, every product and every client. What we have done is for the clients and we believe that quality is the best way to develop market. All of the products have passed the authentication of ISO9001. Hongxing Brand is the Chinese Famous Brand. Reliable and stable quality is the key to success; our products are well known at home and abroad. Now we have tens of thousands of users throughout China and more than 30 world markets, such as: South Africa, Middle East, India, Philippine, Western Europe, Southeastern Asia.
The last USDA grains stocks report didn"t raise bulls" spirits. If planting progresses normally over the next couple of months, a carryout of more than 2 billion bushels is likely. If that"s not pre-dawn darkness, I don"t know what is. A lot of bearish news is built into corn"s price now.A huge carryoutmore than 500 million bushelsis also projected for soybeans. And wheat? Well, don"t get me started on wheat. While the supply overhang is weighing on prices, global production has yet to be cut back. But that time is coming.That enough darkness for you? It is for me. All this tells me a bottom ought to be expected in the grains. Maybe not tomorrow, but soon.The opposite case can be made for livestock. For hogs, lower feed costs (see above), coupled with low head counts, have boosted profitability. Producers, feeling more confident, are likely to expand their herds. Parabolic price increases, if sustained, could curtail consumer demand.The cattle market looks toppy, too. Retail prices are high enough to hurt demand if they persist at current levels. At the very least, cattle ranchers are being tempted to increase per-head weights to grab higher margins while they last.Again, livestock prices may not drop immediately, but experience says that the more dramatic the upswing, the faster the subsequent downturn.As the professional manufacturer of complete sets of mining machinery, such as
Primary jaw crusher,
Ore processing plant,
Jaw crushers, Henan Hongxing is always doing the best in products and service.Vibrating feeder:http://www.crusher-machine.com/7.html China spiral classifier:http://www.hxjq-crusher.com/22.html
by: maggie
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