INDUSTRY NEWS
Baosteel September futures prices rise market price narrow adjustment
Price: Shanghai market Meisteel 0.2mm double-sided tinplateed 2.8g resource mainstream price adjustment, reported to 6200 yuan / ton, Baosteel 0.25mm mainstream price this week at 6670 yuan / ton, private steel mills, the current Coma 0.2mm specification factory price at 6050 yuan / ton.
Tianjin market price adjustment, Furen 0.2 x 900 mainstream selling price of 5950 yuan / ton, Siwenke de 0.2 x 800 mainstream price 6100 yuan / ton, Yan Zhuli 0.20 x 926 mainstream price of 6000 yuan / ton, Guangzhou 0.20mm coma 5850 yuan / ton. This week, the Broady Adjusted Market, some markets are holding steady, the overall transaction is general. Specifically, upstream: the spot hot volume market within the week showed a first-down and then upward trend, social inventory from the increase and fall, the weekly decline of 742,000 tons. Downstream: downstream enterprises in the near future orders overall poor, Baosteel, Shougang and other state-owned enterprises in the near future production and sales flat, private enterprises Coma, China and Guangdong, such as the amount of orders to reduce significantly. Spot market, market traders feedback to see, tin plate spot less, terminal demand has been started, the market exchange atmosphere has improved, state-owned factories to futures-based, local shortage of more obvious. In addition, Baosteel, Meisteel in September 2018 tin-plated / chromium futures prices increased from August, Baosteel tin-plated CA, Meisteel, chrome prices flat increase of 150 yuan / ton without tax. In addition, Baosteel's recent base price flat, production and marketing balance, some specifications are relatively out of stock. To sum up, in the short term, the tinned market is still a narrow adjustment operation.
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