<p><strong>棉花</strong></p>
<p>综合评论：棉花在昨日的区间交易中略有下跌，开盘后上涨。世界领导人正在达沃斯参加经济论坛，市场在等待会议结果以及特朗普总统关于他提议接管格林兰的最新评论，尽管这与其他人的意愿相悖。每周销售总量超过 40 万包，远高于过去几年的报告。周一发布的美国农业部报告显示，产量减少，需求保持不变。期末库存减少。</p>
<p>图表趋势：棉花的趋势混合。支撑位在 63.70、63.00 和 62.40（3 月），阻力位在 65.90、66.40 和 67.20（3 月）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/user_content/ckimages/orig_depositphotos_315454114_s.webp?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://talkmarkets.com/user_content/ckimages/orig_depositphotos_315454114_s.webp"/></p>
<p><em>DepositPhotos</em></p>
<p><strong>浓缩橙汁</strong></p>
<p>综合评论：期货昨日大幅下跌，佛罗里达州的收获正在进行中，天气保持良好。图表趋势混合。没有冻害预报，但州北部地区非常寒冷，本周晚些时候可能会有更多寒冷天气。佛罗里达州也很干燥，需要灌溉。尽管整体价格较低，交易者仍对需求感到担忧。天气对巴西和墨西哥的生产被认为是有利的。巴西报告有零星降雨。</p>
<p>隔夜新闻：ICE 表示，1 月期货交割的通知为 0，总交割量现在为 0 合约。</p>
<p>图表趋势：浓缩橙汁的趋势混合。支撑位在 184.00、174.00 和 168.00（3 月），阻力位在 226.00、230.00 和 240.00（3 月）。</p>
<p><strong>咖啡</strong></p>
<p>综合评论：纽约和伦敦昨日收盘下跌，两个市场的趋势混合。特朗普总统提高了对欧盟的新关税威胁，以回应他需要拥有格林兰的提议，尽管这与欧盟和格林兰的意愿相悖。关于越南的收获销售增加的想法和报告仍在继续。巴西的条件非常好。大多数农民在等待更好的价格。现在巴西报告有零星降雨，有助于改善树木状况。墨西哥和中美洲的情况良好。越南最近有零星降雨，条件被称为良好。越南生产者正在出售。</p>
<p>隔夜新闻：ICO 平均价格为 290.22 美分/磅。</p>
<p>图表趋势：纽约的趋势混合。支撑位在 345.00、339.00 和 335.00（3 月），阻力位在 363.00、372.00 和 383.00（3 月）。伦敦的趋势混合向上。支撑位在 3860、3730 和 3670（3 月），阻力位在 4070、4100 和 4190。</p>
<p><strong>糖</strong></p>
<p>综合评论：纽约和伦敦昨日下跌。世界领导人正在达沃斯参加经济论坛，市场在等待会议结果以及特朗普总统关于他提议接管格林兰的最新评论，尽管这与其他人的意愿相悖。市场供应充足，全球甘蔗和甜菜的良好生长条件持续。2025/26 年度全球供应过剩的前景使市场处于防御状态，印度和泰国的生产增加将提高供应，而全球消费预计将保持稳定。</p>
<p>图表趋势：纽约的趋势混合。支撑位在 1440、1410 和 1380（3 月），阻力位在 1510、1540 和 1560（3 月）。伦敦的趋势混合。支撑位在 415.00、410.00 和 404.00（3 月），阻力位在 431.00、437.00 和 445.00（3 月）。</p>
<p><strong>可可</strong></p>
<p>综合评论：纽约和伦敦昨日再次收盘下跌。短期趋势向下。世界领导人正在达沃斯参加经济论坛，市场在等待会议结果以及特朗普总统关于他提议接管格林兰的最新评论，尽管这与其他人的意愿相悖。预计西非将迎来大规模主作物收获，最近的降雨对作物有利。上周，象牙海岸的可可种植区出现轻微降雨与高温的混合，预示着主作物的良好前景。还有报告显示，西非以外的其他国家（包括亚洲和中美洲）生产潜力增加。市场感觉需求减少，预计缺乏需求将持续。</p>
<p>图表趋势：纽约的趋势向下。支撑位在 4810、4750 和 4690（3 月），阻力位在 5300、5560 和 5790（3 月）。伦敦的趋势向下。支撑位在 3280、3160 和 3040（3 月），阻力位在 3660、3780 和 4030（3 月）。</p>
<hr/>
<p><em>更多来自此作者的内容：</em></p>
<p>谷物报告 - 1 月 20 日，星期二</p>
<p>软商品报告 - 1 月 15 日，星期四</p>
<p>谷物报告 - 1 月 13 日，星期二</p>

全球农产品股指数 ETF - iShares

全球农业 ETF - Market Vectors

糖期货基金 - Teucrium

玉米期货基金 - Teucrium

农产品基金 - PowerShares

COFF

<p>1 月 21 日的软商品报告突显了棉花、冷榨橙汁、咖啡、糖和可可市场的混合趋势。尽管每周销售有所增加，棉花价格略有下滑；而在佛罗里达州积极收割的背景下，冷榨橙汁期货价格下跌。咖啡市场因特朗普总统可能的新关税而收盘走低。糖价受到全球供应充足和预期过剩的压力。可可市场趋势下行，尽管西非的作物条件良好，但需求持续存在担忧。总体而言，市场密切关注达沃斯经济论坛的动态和美国政治声明</p>

<p><strong>COTTON</strong></p>
<div class="lb-trans"><p><strong>棉花</strong></p>
</div><p>General Comments: Cotton was a little lower yesterday in range trading and after opening higher. World leaders are in Davos for the economic forum and the market is waiting for results from the meetings as well as new comments from President Trump about his proposals to take over Greenland against everyone else wishes. The weekly sales total was over 400,000 bales and much higher than what has been reported for the last couple of years. The USDA reports released on Monday showed less production and unchanged demand. Ending stocks were less.</p>
<div class="lb-trans"><p>综合评论：棉花在昨日的区间交易中略有下跌，开盘后上涨。世界领导人正在达沃斯参加经济论坛，市场在等待会议结果以及特朗普总统关于他提议接管格林兰的最新评论，尽管这与其他人的意愿相悖。每周销售总量超过 40 万包，远高于过去几年的报告。周一发布的美国农业部报告显示，产量减少，需求保持不变。期末库存减少。</p>
</div><p>Chart Trends: Trends in Cotton are mixed. Support is at 63.70, 63.00, and 62.40 March, with resistance of 65.90, 66.40 and 67.20 March.</p>
<div class="lb-trans"><p>图表趋势：棉花的趋势混合。支撑位在 63.70、63.00 和 62.40（3 月），阻力位在 65.90、66.40 和 67.20（3 月）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://talkmarkets.com/user_content/ckimages/orig_depositphotos_315454114_s.webp" alt="" original-src="https://talkmarkets.com/user_content/ckimages/orig_depositphotos_315454114_s.webp"/></p>
<p><em>DepositPhotos</em></p>
<div class="lb-trans"><p><em>DepositPhotos</em></p>
</div><p><strong>FCOJ</strong></p>
<div class="lb-trans"><p><strong>浓缩橙汁</strong></p>
</div><p>General Comments: Futures were sharply lower yesterday as the Florida harvest is active end the weather remain benign. Chart trends are mixed. There is no freeze in the forecast, but areas north of the state have been very cold and more cold weather is possible later this week. Florida has also been dry and irrigation is needed. Traders are worried about demand even with overall lower prices. The weather is considered good for production in Brazil and Mexico. Scattered showers are reported in Brazil.</p>
<div class="lb-trans"><p>综合评论：期货昨日大幅下跌，佛罗里达州的收获正在进行中，天气保持良好。图表趋势混合。没有冻害预报，但州北部地区非常寒冷，本周晚些时候可能会有更多寒冷天气。佛罗里达州也很干燥，需要灌溉。尽管整体价格较低，交易者仍对需求感到担忧。天气对巴西和墨西哥的生产被认为是有利的。巴西报告有零星降雨。</p>
</div><p>Overnight News: ICE said that 0 notices were posted for delivery against January futures and that total deliveries for the month are now 0 contracts.</p>
<div class="lb-trans"><p>隔夜新闻：ICE 表示，1 月期货交割的通知为 0，总交割量现在为 0 合约。</p>
</div><p>Chart Trends: Trends in FCOJ are mixed. Support is at 184.00, 174.00, and 168.00 March, with resistance at 226.00, 230.00, and 240.00 March.</p>
<div class="lb-trans"><p>图表趋势：浓缩橙汁的趋势混合。支撑位在 184.00、174.00 和 168.00（3 月），阻力位在 226.00、230.00 和 240.00（3 月）。</p>
</div><p><strong>COFFEE</strong></p>
<div class="lb-trans"><p><strong>咖啡</strong></p>
</div><p>General Comments: New York and London closed lower yesterday, and trends are mixed in both markets. President Trump raised the threat of new tariffs on the EU in response to his need to own Greenland against EU amd Greenlandic wishes. There are still ideas and reports of increasing harvest sales from Vietnam. There are reports of very good conditions in Brazil. Most farmers are holding for better prices. Scattered showers are being reported now to improve tree condition in Brazil. Mexico is in good condition, as is Central America. Vietnam has scattered showers lately and conditions there are called good. Vietnamese producers are selling.</p>
<div class="lb-trans"><p>综合评论：纽约和伦敦昨日收盘下跌，两个市场的趋势混合。特朗普总统提高了对欧盟的新关税威胁，以回应他需要拥有格林兰的提议，尽管这与欧盟和格林兰的意愿相悖。关于越南的收获销售增加的想法和报告仍在继续。巴西的条件非常好。大多数农民在等待更好的价格。现在巴西报告有零星降雨，有助于改善树木状况。墨西哥和中美洲的情况良好。越南最近有零星降雨，条件被称为良好。越南生产者正在出售。</p>
</div><p>Overnight News: The ICO average price is 290.22 ct/lb.</p>
<div class="lb-trans"><p>隔夜新闻：ICO 平均价格为 290.22 美分/磅。</p>
</div><p>Chart Trends: Trends in New York are mixed. Support is at 345.00, 339.00, and 335.00 March, and resistance is at 363.00, 372.00 and 383.00 March. Trends in London are mixed to up. Support is at 3860, 3730, and 3670 March, with resistance at 4070, 4100, and 4190 .</p>
<div class="lb-trans"><p>图表趋势：纽约的趋势混合。支撑位在 345.00、339.00 和 335.00（3 月），阻力位在 363.00、372.00 和 383.00（3 月）。伦敦的趋势混合向上。支撑位在 3860、3730 和 3670（3 月），阻力位在 4070、4100 和 4190。</p>
</div><p><strong>SUGAR</strong></p>
<div class="lb-trans"><p><strong>糖</strong></p>
</div><p>General Comments: New York and London were lower yesterday. World leaders are in Davos for the economic forum and the market is waiting for results from the meetings as well as new comments from President Trump about his proposals to take over Greenland against everyone else wishes. There are good supplies for the market from good growing conditions for cane and beets around the world continue. The prospect of a big global surplus in the 2025/26 season was keeping the market on the defensive with a rise in production in India and Thailand set to increase supplies while global consumption is expected to remain steady.</p>
<div class="lb-trans"><p>综合评论：纽约和伦敦昨日下跌。世界领导人正在达沃斯参加经济论坛，市场在等待会议结果以及特朗普总统关于他提议接管格林兰的最新评论，尽管这与其他人的意愿相悖。市场供应充足，全球甘蔗和甜菜的良好生长条件持续。2025/26 年度全球供应过剩的前景使市场处于防御状态，印度和泰国的生产增加将提高供应，而全球消费预计将保持稳定。</p>
</div><p>Chart Trends: Trends in New York are mixed. Support is at 1440, 1410, and 1380 March and resistance is at 1510, 1540, and 1560 March. Trends in London are mixed. Support is at 415.00, 410.00, and 404.00 March, with resistance at 431.00, 437.00, and 445.00 March.</p>
<div class="lb-trans"><p>图表趋势：纽约的趋势混合。支撑位在 1440、1410 和 1380（3 月），阻力位在 1510、1540 和 1560（3 月）。伦敦的趋势混合。支撑位在 415.00、410.00 和 404.00（3 月），阻力位在 431.00、437.00 和 445.00（3 月）。</p>
</div><p><strong>COCOA</strong></p>
<div class="lb-trans"><p><strong>可可</strong></p>
</div><p>General Comments: New York and London closed lower again yesterday. Short term trends are down. World leaders are in Davos for the economic forum and the market is waiting for results from the meetings as well as new comments from President Trump about his proposals to take over Greenland against everyone else wishes. A big main crop harvest is anticipated in West Africa and rains have been positive for crops lately. Light rains mixed with heat in Ivory Coast’s cocoa-growing regions last week signaled a positive outlook for the main crop. There are still reports of increased production potential in other countries outside of West Africa, including Asia and Central America. The market feels that there is less demand and the lack of demand is expected to continue.</p>
<div class="lb-trans"><p>综合评论：纽约和伦敦昨日再次收盘下跌。短期趋势向下。世界领导人正在达沃斯参加经济论坛，市场在等待会议结果以及特朗普总统关于他提议接管格林兰的最新评论，尽管这与其他人的意愿相悖。预计西非将迎来大规模主作物收获，最近的降雨对作物有利。上周，象牙海岸的可可种植区出现轻微降雨与高温的混合，预示着主作物的良好前景。还有报告显示，西非以外的其他国家（包括亚洲和中美洲）生产潜力增加。市场感觉需求减少，预计缺乏需求将持续。</p>
</div><p>Chart Trends: Trends in New York are down. Support is at 4810, 4750, and 4690 March, with resistance at 5300, 5560, and 5790 March. Trends in London are down. Support is at 3280, 3160, and 3040 March, with resistance at 3660, 3780, and 4030 March.</p>
<div class="lb-trans"><p>图表趋势：纽约的趋势向下。支撑位在 4810、4750 和 4690（3 月），阻力位在 5300、5560 和 5790（3 月）。伦敦的趋势向下。支撑位在 3280、3160 和 3040（3 月），阻力位在 3660、3780 和 4030（3 月）。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p><em>More By This Author:</em></p>
<div class="lb-trans"><p><em>更多来自此作者的内容：</em></p>
</div><p>Grains Report - Tuesday, Jan. 20</p>
<div class="lb-trans"><p>谷物报告 - 1 月 20 日，星期二</p>
</div><p>Softs Report - Thursday, Jan. 15</p>
<div class="lb-trans"><p>软商品报告 - 1 月 15 日，星期四</p>
</div><p>Grains Report - Tuesday, Jan. 13</p>
<div class="lb-trans"><p>谷物报告 - 1 月 13 日，星期二</p>
</div>

软商品报告 - 周三，1 月 21 日