Survey: At present, more than half of traders still have the intention of winter storage

Gold Ten Futures November 4th news, according to statistics, < b > the current probability of traders willing to winter storage accounted for 53.25% , the probability of not willing to winter storage accounted for 46.75%, more than half of traders are still willing to winter storage, some traders may sign long-term contracts with steel producers, there will be the possibility of winter storage, in addition, the Federal Reserve interest rate cuts and a series of favorable policies since September 24th, the policy side is more powerful, boosting market confidence, more optimistic about the future, may also carry out winter storage. < br > 46.75% of < b > traders are unwilling to winter storage, the core reason is : first, since the end of July this year, the thread stock has been lower than last year's stock, traders have maintained a low inventory state; second, traders winter storage is in a state of loss, last November, winter storage period (early December - mid-March) thread price average over 4000 yuan/ton, and after the winter storage thread price in 3600 yuan/ton - 3700 yuan/ton, lower than the winter storage price, traders winter storage loss. However, starting from the end of the steel mill, the profits of the steel mill continue to be compressed, and the downstream demand is not good. 63.16% of the steel mills believe that there will be no winter storage this year, and 36.84% of the steel mills believe that there will be winter storage this year.