Consolidated European Line: The current capacity is tight, and there is still room above the futures price

Golden Ten Futures on June 18, comprehensive judgment, the estimated delivery and settlement price of the EC2406 contract may be around 4600, the current futures price is basically in the estimated delivery and settlement price range, and it is expected that the EC2406 contract will be slightly volatile in the later stage. The EC2408 contract is greatly affected by the tight fundamentals, and there is no downward driving force in sight for the time being. It is expected that the mid-line trend will still be strong. According to the current market actual capacity transaction price, the converted disk is 4900-5000 points. Considering the current reality that the capacity is still tight, there is still room above the EC2408 contract. It is expected that the large cabinet price with a general market acceptance of about 7,500 US dollars in the later stage will be about 5,200 points. If you use the quotation of 8,000-9,000 US dollars to convert the disk 5500-6200, you need to pay attention to the actual landing of this price.