June 12 Building Materials Market in Shanghai Diary (kicked upstairs, Running ou
6 12, cloudy. The total time inadvertently slip, can not stop, grip, suddenly went to the Wenchuan earthquake one-month anniversary of the morning, no rain, but Shanghai is the sky is dark, which also reveals somewhat solemn and sad to . Similarly, there is no sun city of Shanghai building steel seemed clouded, but even more depressing is that from tomorrow, with rain coming once again, Shanghai is going back to hot and humid weather.
Opened, the West in this project offer two steel index edged down 10 per ,16-25mm reported in 5370 yuan / ton; three steel index down 20 yuan ,165-22mm were hung in 5650 yuan and 5730 yuan / ton; Wire different specifications have 20-30 yuan / ton of callbacks. The overall decline in the mainstream market quotations, the bottom of the test a low transaction price slightly.
Morning, as a leading dealer in Shanghai last price reduction on the listing, the Shanghai market, price cuts large and surface eventually spread from the point. After the market opened, some businesses offer later, after the reunification in the big one after another, the transaction on the market continues to slightly down. View sub-species, two steel exempt resources slightly loose, some non-GB product sales; three steel dropped across the board, some preliminary specifications fall short of increase; cable firm is no longer, High Line Prices have weakened. Operating point, according to feedback on the spot, the trend has two steel division, such as Shanghai Bao-part specifications Powei 5,200 yuan, free products than 18mm, the other specifications of more than 5350 yuan in sales, low price mainly Haixin and Wuhu new resources . 3 Steel 16-20mm, following yesterday Powei 5650 yuan, the approximate 5,600 yuan today, apply special, sunshine, dedicated dollars in 5610-5620 has been quoted, while Maanshan Iron & Steel and East China John Steel Products also fell below 5,700 yuan mark; early scarce 22mm and 25mm spared, 25mm Maanshan Iron & Steel resource in 5800 yuan start selling. Two days later, in upholding the high line, and today prices become flexible ,6100-6150 dollars offer to become mainstream.
Rain stopped yesterday, the volume of the site to be restored, but the momentum did not continue today?? Throughout the morning, perhaps in order to "meet" market transactions deserted, there are also watching cargo terminal to wait for the signs. Under the price weakness, demand no suspense appeared hesitant, but in the morning to see the price change, businesses are still strong aspirations of shipping. The reason, in addition to financial pressure, rainy weather can not be ignored, according to the market to reflect, as sales to reduce fear of corrosion, some big start to clean up existing inventory, a number of longer storage time to lower stock prices of 50 -100 yuan / ton in the price of sales. In addition, some scarce resources to mitigate the formation of large impact also on the market to three steel and high-wire, for example, three steel 25mm and 22mm have special applications, Ping Steel And three steel storage after another, the high line because of the brand in South China Run the batch arrival is said Haixin and other products sold 6,150 yuan, its actual transaction price in 6100 yuan / ton.
Resources, some Proxy Order to be well over East China steel mills to make up for the agreement in early June adopted a payment does not take delivery, or delay in delivery means, in accordance with the dealers say, the goods are not only losing money they pull out of rusty on the factory is lose money may not be rusty. It is learned that, because dealers do not order delivery negative positive, and Jiangsu part of the steel plant has emerged a certain increase in inventory. Factory direct reflects changes in stock market and weak status quo, but whether to pressure manufacturers to know.
Information surface, both north and south steel price adjustment is very surprising, first of all, Hebei Tangshan Iron and Steel Shougang the past few days with price changes, the effect from June 1 to take delivery of Rebar Implementation of the price reduction 200 yuan / ton policy. Secondly, Jiangsu Zhongtian on the thread and the wire was cut by 200 yuan and 80 yuan / ton. Perhaps the North Square steel Plant loosening only to dealers free living space, were not enough steel prices in North China Union quietly collapse, but the price of steel mill in Jiangsu change on some meaningful?? At least in Sha Steel kicked upstairs to the other manufacturers do not to stabilize the signal, or selected individual steel mills to increase the decrease in the scramble for opportunities. Perhaps, as market participants said, the price rises, the steel easily monolithic; price of loose, the factory will also play their own calculator.
Afternoon in the market, though is Thursday, but the overall sales did not enlarge. From today's market performance, led by the East China steel prices caused kicked upstairs, the few construction steel manufacturers quickly involved in the "Running" appears to have begun?? Next, I hope this trend will not spread in the market.
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