INDUSTRY NEWS
Baosteel May tinplate Flat Plate market concussion operation
Baosteel May tinplate Flat Plate market concussion operation
This week the tinplate market as a whole stable operation, some resources slightly increased, the overall deal is general.
Specifically, upstream: midweek spot hot coil market is the first to promote the trend, the decline of the bank continued, the price continued to rise, the social bank fell 106,700 tons. Downstream: Downstream enterprises in the near future orders better, Baosteel, Shougang and other state-owned enterprises in the near future production and sales flat, private enterprises coma, China and Guangdong and other orders to maintain normal, with the price of raw materials continued to rise, horse mouth production costs increased, downstream canning enterprises to pick up the price is higher than the previous period.
Spot market, the recent market tin-plated plate spot less, into April, the end demand full start, the market trading atmosphere is thicker, the market spot is relatively small, more futures mainly, local stock is more obvious. In addition, Baosteel, Meigang May 2018 Tin/Chromium futures prices compared to April, Baosteel tin plating CA, Meigang, chrome plating price increase of 300 does not include tax; Shougang raised 150 tax-free. In addition, Baosteel's recent base price flat plate, production and marketing balance, some specifications are relatively out of stock. On the whole, in the short term, the tin plating market is still highly volatile operation.
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