Lange Construction Steel Daily Inventory: Market Price Fluctuations Weakening Demand Overall General
Billet price difference: Taking the Beijing market as an example, on May 10, the base price of HBIS 4,900 yuan and billet 4,620 yuan was 280 yuan, 10 yuan less than the previous trading day.
Futures basis: Taking the Hangzhou market as an example, on May 10, the base price of Zhongtian thread was 4820 yuan and the basis of the main futures thread closing at 4607 yuan was 213 yuan, an increase of 23 yuan from the previous trading day.
Spot market situation: On May 10, the domestic construction steel market price fluctuated and weakened; the dominant market, Beijing, Hangzhou, Guangzhou, and Tianjin fluctuated and weakened.According to the monitoring data of Lange Steel Cloud Business Platform, the average price of Š¤6.0mm high line in key domestic cities is 5,430 yuan (ton price, the same below), down 41 yuan from the previous trading day; domestic key cities are Š¤25mm grade 3RebarThe average price was 4,940 yuan, down 53 yuan from the previous trading day. In terms of leading cities: Beijing high-speed wire (6mm) is 6040 yuan, down 10; 3-grade rebar (25mm) mainstream specification is 4,920 yuan, down 70; Shanghai market high-speed wire is 5,420 yuan, down 70; 3-grade rebar is 4,910 yuan, down 90 .
The market opened today, and the market price fluctuated and weakened. It is understood that the market price in Beijing has dropped today, the mainstream price of thread is 4,900 yuan, and the total shipment volume of 10 large households is 6,300 tons. Today, the market price of mainstream building materials resources in Hangzhou has dropped significantly, and the Zhongtian report is about 4820 yuan / ton. According to the statistics of Lange Steel, on May 10, 12 building materials traders in Hangzhou shipped a total of 23,200 tons, a decrease of 2,350 tons from the previous trading day, and low-cost resources were favored. The mainstream prices in the Guangzhou market dropped today. At present, the mainstream prices of first-line resources: Shaoxiang Yue 5090-5100, Liuwan 5020-5080, Xilin 4950-4960. Based on the above analysis, it is expected that the market conditions may weaken on May 11.
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