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BoXing galvanized market steady, clinch a deal continuing malaise
Admin:Shandong Luxing Steel CO.,LTD Published:2011/5/9 Read:16852Times

Today BoXing galvanized market prices continue to steady consolidation, 0.23 mm hengfa 5640 yuan/ton, 0.3 mm China lu 5150 yuan/ton, 0.4 mm is sincere 5020 yuan/ton, 0.5 mm JiangLin 4910 yuan/ton, 1.0 mm angang 5000 yuan/ton, MCC hengtong 4930-4980 yuan/ton. Above all on tax price.

Market, BoXing market shipment downturn continues the weekend, market price disadvantaged steady that there is no obvious signs widened. BoXing market overall mood is relatively slow, and because the price is influenced by steel mills and market to the double pressure of distributor profits, the space is lesser, market clinch a deal more resources for the prophase low-cost resources, the new resources to goods is less. According to information, some dealers because prophase resources sold out, at present already stop ordering, recent evaluate primarily, suspend foreign goods delivery.

Inventory, according to my net incomplete statistics, this week BoXing galvanized stock six tons, the last week 6.5 million tons of inventory reduce 0.5 million tons. Reduced inventory reason: local market continuing malaise, causing traders order reduced. Market many to digest prophase inventories, although the shipment is not optimistic, but due to market is early arrival significantly reduced, inventory were downtrend.

The upstream resources, iron ore market today, domestic tiejingfen market smoothly, part tiejingfen slightly lower price, but manufacturer for the market outlook remained relatively adance, think later price declines amplitude is not very large, strong, currently rised psychological steel purchasing situation also cautious, wait-and-see attitude is heavy. Currently imported warrants market remain stable for market clinch a deal weak, supply and demand was basically in a wait-and-see situation. Coke market, recently in metallurgical coke prices steady, but near the end of metallurgical coke expectations of price rises relatively intense.

Review, recent BoXing market price, clinch a deal disadvantaged steady support by impeded, new resources cost price is higher, arrival less. The upstream market performance more strong, but recent downstream market weaker prices are still hard to change, is expected late market will continue to be steady consolidation.

 

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