综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Chinadaily.com.cn
 
Go Adv Search

Chicago agricultural commodities fall with Chinese growth concerns

Updated: 2012-04-14 14:39

(Xinhua)

  Comments() Print Mail Large Medium  Small

CHICAGO - Chicago corn, wheat and soybeans all fell in trading Friday, as a strong dollar and worries that a slowing Chinese growth could hurt the commodities markets dominated trading.

The most active corn contract for May delivery lost 8.25 cents, or 1.29 percent, to close at $6.2925 per bushel. May wheat sharply fell 15.75 cents, or 2.46 percent, to settle at $6. 235 per bushel. May soybeans lost 4.25 cents, or 0.29 percent, to close at $14.3675 per bushel.

Market analysts said that agricultural commodities all reversed their Thursday gains Friday, as the markets reacted to lower than expected Chinese first quarter growth.

According to the National Bureau of Statistics, Chinese gross domestic product grew 8.1 percent in the first quarter, below analysts'expectations of 8.3 percent and the country's slowest quarter growth rate since the global financial crisis.

Outside market influences Friday were thus largely negative, with the US stock market sharply dropping and crude oil also taking a significant hit.

The dollar additionally rose in response to the Chinese data, which in turn further pressured agricultural commodities.

Corn fell to the lowest level since March 30 and closed 29 cents down for the week. In addition to the stronger dollar and outside market negativity, corn also saw pressure from weather issues. The wet weather forecast for the coming week was seen as a strengthening factor for Midwest soil, which could weaken the corn market as traders are already concerned about abundant early plantings.

Also pressured by the good weather forecast, wheat reversed all of Thursday's gains and closed down 15 cents for the week.

Soybeans did not see losses as steep as the other commodities Friday, and ended up 2.75 cents for the week. China bought 165,000 metric tons of US soybeans, bringing China's US soybean imports total this week to 445,000 metric tons.

凤凰县| 滨海县| 包头市| 华坪县| 苏州市| 永定县| 商洛市| 都安| 个旧市| 双流县| 盘锦市| 连州市| 沧源| 五河县| 苍山县| 竹北市| 会东县| 盐源县| 西乡县| 皮山县| 建水县| 宾阳县| 濮阳市| 胶南市| 西乌珠穆沁旗| 昌邑市| 富裕县| 思茅市| 清流县| 塔城市| 平潭县| 陇川县| 清河县| 上蔡县| 察隅县| 河西区| 黎川县| 锡林浩特市| 淄博市| 庄河市| 昂仁县|