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Original title: Lange Cold Rolled Coil Daily Inventory (1.4) – Prices fluctuated relative to each other and overall demand was weak
National Cold Rolled Coil Price Trend Chart:
Tianjin Spread Chart:
Shanghai distribution chart:
Lecong Spread price chart:
Market overview
Zhengzhou: The price of cold rolled steel sheets in Zhengzhou has increased significantly today. In market terms, the market was mixed in the first trades today. Resources in Anyang fell. Handan Iron and Steel and Wuhan Iron and Steel were affected by the dominant market. However, the demand in the market was not fluid and the actual transactions could be negotiated. . It is understood that the market is buying up and not down. In addition, due to environmental protection and other problems in Zhengzhou, the demand for companies to stop production has been limited recently, and most companies have reported that transactions have been significantly blocked. In terms of resources, market demand has not been smooth recently and the overall market inventory has increased slightly. Taking comprehensive considerations into account, the spot price has remained in profit and loss since the previous period. However, the current seasonal accumulation has caused negative factors. Therefore, short-term cold rolled coil prices on the local market are expected to fluctuate steadily.
Changsha: Changsha cold rolled market prices rose slightly today and overall demand was weak. Recently, local traders have confused cold rolled coil quotes based on their own resource inventory structure, and main market prices have risen. Downstream users have a relatively strong wait-and-see attitude and are not active in purchasing resources. After the price drop, the commercial atmosphere of the market is weak and the actual volume of transactions is not large. It is understood that most of the local traders are now looking cautiously at the subsequent steel market, mainly charging.
Wuxi: Today, Wuxi cold rolled market prices were high and low, and market transactions were weak.Reinforcing barsversusHot rollerFutures are divergent and the spot market rises inertially on early trades. It is mainly driven by a strong operation, ranging between 20 and 30 yuan, but the overall situation remains cautious. However, hot coil futures on the intraday market are falling. The low market is generally low and the high trade is weak. The willingness to buy goods is still strong, so some of them have been secretly abandoned. Considering that changes are not expected at both ends of supply and demand, the prices of cold rolled coil are expected to short-term in the local market continue to fluctuate within a narrow range.
Quotes on the domestic cold rolled spot market today rose and fell as a whole, and the overall transaction was weak. Based on feedback from market traders, in some markets, buying and not buying lower. Also, in some areas, due to environmental protection and other issues, the demand for commercial suspension of production has been limited recently and most companies have reported that transactions have been significantly blocked. Downstream users have a relatively strong wait-and-see attitude and are not actively involved in purchasing resources. After the price drop, the commercial atmosphere of the market is weak and the actual volume of transactions is not large. In terms of resources, market demand has not been smooth recently and the overall market inventory has increased slightly. On January 5, domestic cold rolled coil prices are expected to be temporarily stable.
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