September 7, 2023 Foshan Market News, today's crazy Thursday has become diving Thursday, diving performances are staged everywhere, the difference is only a few meters, the plate is green, the face is greener, and the mood is the same as the weather outside.
In the morning, despite various green themes, stainless steel futures are still unilaterally red because of capital support, but under the general trend of green mountains and rivers in the motherland, the final futures plate is also green at about 11:00, and it is a straight diving, almost returning to the pre-liberation in half an hour, and the spot market has also fallen from the high open in the morning to the low level of trading step by step, 304 cold rolling to the afternoon has killed 15250-15300 base, and even the low 15200 has emerged in the dark.
Stainless steel thin-walled water pipe, 316L stainless steel pipe, stainless steel industrial welded pipe, stainless steel sanitary pipe, Foshan Yongsui Stainless Steel Co., Ltd. 304 cold rolled in the morning because of the red surface, so the first wave of more to maintain at 15350-15400 base quotation wait-and-see, but futures unilateral, market transaction is weak, the overall confidence is insufficient, some worries about the later futures capital also changed face by the mainstream to pull green, so in order to deal with the beginning of the discount of 50 to facilitate the transaction, and with the plate really diving, the spot market price also had to fall brightly, Not moving is still the theme of the morning.
In the afternoon, the periphery is green, the spot market in order to ship continue to exchange price for volume, the overall stealing mentality is obvious, so special prices, discounts, negotiable, the mainstream price of the market has gradually moved from 15300 base to below, but the bright market quotation is still more than 15250-15350 base.
In terms of 304 hot rolling, Tsingshan agent continued to maintain flat quotations, but the market was affected by the overall atmosphere from the morning wait-and-see to the late discounts, the market also had a lot of price concessions for shipments, and the overall trading was also a little weak.
In 201, the hot-rolled Tsingshan agent continued to be flat, and traders began to fall by 20-50 yuan / ton in order to trade, and in the afternoon, the market was still discounted, and the low level was refreshed. Cold rolling has been weak since yesterday, and today is even more sluggish, the price has been declining, but the transaction has not improved, the market is almost in the afternoon of the water still river
In terms of 430, the quotation of the cold-rolled market was mostly flat, and some private enterprises increased by 50, and the market price still fluctuated up and down, but the transaction surface was still average.
01
300 series cold rolled
Foshan stainless steel market coil reference price
300 series cold rolled
Daily Review
In the morning, the 304 cold-rolled market Qingshan agent fell back to 100 orders, and market traders were affected by the unilateral red in the morning The price was high, but the transaction was too poor, the market mentality was more chaotic, and the market and spot lacked confidence, and finally with the diving of the plate, the spot returned to the 15300 base again to find a deal, but the morning shipment was difficult, and the specifications and performance were several.
In the afternoon, the disk continued to fluctuate, and the spot market also continued the price war, the high moved to 15300 base, and those who wanted to ship moved below the mark, so some of the low went to 15250 base, and even a few 15200 base appeared. Today's spot market mainstream tax-inclusive quotations: Delong, Hongwang, Aeon, Ruip, Shangke, Lianzhong, Chengde and other 15250-15450 gross base, Yongjin four-foot 15400-15600 base.
02
300 series hot rolled
Foshan stainless steel market coil reference price
300 series hot rolled
Daily Review
Today, Tsingshan agent reported September resources, 304 narrow-strip cold-rolled 15000, 30478 narrow-strip cold-rolled 14400. Market traders quote as: 304 narrow strip cold rolled 15000-15050 yuan / ton, part excluding tax 14000-14050 yuan / ton. Xinfeng and Jinhai spot stocks include tax 14500-14600 yuan / ton, and some exclude tax 13500-13550 yuan / ton. In terms of large plates, Guangqing, Beigang New Material, Delong and Dongte include tax 15100-15200 yuan / ton, Yongda, Lianzhong, Taigang Xinhai 15100-15150 yuan / ton.
From the sales point of view, Tsingshan agent flat quotation. The high quotation of market traders has fallen by 50-100 yuan / ton and the agent price. In addition, market feedback indicates that the slitting cost of some large plate slitting material is 30 bases. The quotation part of narrowband resources in Guangxi origin insists on 13550 yuan / ton excluding tax, but the actual order transaction is not smooth, and it is as low as 13500 yuan / ton in the afternoon, with limited orders. At the same time, the receiving demand price fluctuated at 13450 yuan / ton. In terms of large plates, the market spot resource quotation includes tax 15100-15200 yuan / ton, but the transaction at a high price is relatively difficult, and then the low price of four-foot resources in individual production areas is 14950 yuan / ton.
03
200 series cold rolled
Foshan stainless steel market coil reference price
200 series cold rolled
Daily Review
This morning, the 201 cold-rolled agent continued to stand still, but traders began to exchange price for volume since yesterday, and today's price continued to fluctuate, and the overall mentality began to be a little chaotic.
In the afternoon, the market was generally quiet, except for the price drop, there was nothing else, and the low quotations increased, but the price fell back and the transaction was relatively cold, and the bargain was not positive, and the special price did not respond much. Today's mainstream market prices: J1: Hongwang, Beigang, Chengde 9050-9200 base; J2, J5: 8450-8700 base.
04
200 series hot rolled
Foshan stainless steel market coil reference price
200 series hot rolled
Daily Review
Today, Tsingshan agent continues to report October resources: Dingxin J2: 8300 yuan / ton, J3: 8500 yuan / ton, J1: 8800 yuan / ton, J4: 9400 / ton. Some market traders quoted Dingxin Resources with a weakness of about 50 yuan / ton, and other origin quotations include: Baosteel BN1D4, Beigang New Material J5/J2 including tax 8100-8250 yuan / ton, Beigang New Material J1 five-foot including tax 8700-8750 yuan / ton; CICC J5, Huale J3A, Xinfeng J3, Jinhai J3 include tax 8150-8200 yuan / ton, some exclude tax 7550-7650 yuan / ton.
From the sales point of view, although Tsingshan agent has a flat quotation, it is known from the salesman's feedback that the clear price transaction is slow, and the customer's willingness to purchase after the inquiry is not high. Affected by this, market traders have a weak priority shipment mentality, the range is about 50 yuan / ton. However, the quotation of Guangxi origin resources is still maintained at 8150-8200 yuan / ton including tax, and the price is biased towards negotiation in the process of trading. In terms of large plates, it can be seen that the prices of some Lianzhong J2 and Beigang New Materials J2/J5 materials have fallen back to 8100 yuan / ton, and there are subcontracting services. During the day, the overall trading atmosphere was not good.
05
400 series hot and cold rolled
Foshan stainless steel market coil reference price
400 series hot and cold rolled
Daily Review
Compared with yesterday morning, most of today's morning market quotations were flat, individually up 50 yuan / ton but mostly found in private production resources, the current market cold rolling mainstream price range in: TISCO / Jiugang 430/2B (gross) in 8250-8300 yuan / ton; Lianzhong 430/2BA (gross) at 8000-8050 yuan / ton; Hongwang 430/2BA (gross) at 7850-7950 yuan/ton; Yongjin 430/BA (gross) at 8600-8650 yuan/ton; Shanggram 430/BA (gross) in 8500-8550 yuan / ton; Hongwang 430/BA (gross) at 8250-8350 yuan/ton; Ruisteel 430/2BA (gross) at 7850-7900 yuan / ton; Liancheng 430/BA (gross) is about 7800 yuan / ton.
Today, the market spot price market is more stable operation, although there is a certain price difference between the spot price and the steel mill guidance price, but in order to further increase the order volume, the merchant increase speed has slowed down, mostly to maintain a stable price for quotation, but the downstream in the face of the price increase market due to limited acceptance and purchasing attitude overall performance is more cautious, some of them because they still have a certain amount of inventory and have a suspension of procurement options to wait and see, some are out of just demand and have the willingness to purchase, but in the procurement process there are more price pressure phenomenon, In order to quickly achieve the purpose of trading, the high level of the market mostly carries out preferential shipments depending on the origin and specifications, but the low level mostly insists on high price shipments, and the overall transaction speed is carried out slowly.
In addition, in terms of raw materials, today's mainstream ex-factory quotation of high-carbon ferrochrome is 9100-9200 yuan/50 base tons, which is the same as yesterday. Stainless steel thin-walled water pipe, 316L stainless steel pipe, stainless steel industrial welded pipe, stainless steel sanitary pipe, Foshan Yongsui Stainless Steel Co., Ltd