On June 4, Foshan market news, London nickel fell 55 US dollars to 19,580 US dollars / ton yesterday, with 186542 positions, 5,144 hands and 83,724 tons of inventory. At 16:43 today, London nickel was running at $19,323/ton.
Today, the stainless steel spot market quotation is weak, especially the Tsingshan agent still has the operation of selling the 304 narrow band with rebates, resulting in the market traders holding resources with signs of low-price sales, such as individual Guangxi 304 narrow band low tax 12,950 yuan / ton. The market is receiving more and more goods. In terms of 201, the overall quotation of the market is stable and weak, and individual traders receive and shout that Guangxi narrow belt excludes tax at 7,350 yuan/ton, and sales are 7,380 yuan/ton. As for the scrap, the market price of 304 scrap fell 50 yuan/ton, 201 scrap fell 30-80 yuan/ton, and the overall enthusiasm of the market shipment was not high.
01
304 pipe blanks
Foshan stainless steel market plate coil reference price
Foshan Yongsui Stainless Steel Co., Ltd. 180-6465-4832
304 pipe blanks
Daily Review
Today, Tsingshan Agency is flat: Dingxin 304 cold-rolled narrow strip 13,500 yuan/ton, 30478 cold-rolled narrow strip 13,000 yuan/ton, 304 hot-rolled slab 13,630 yuan/ton, 30,478 hot-rolled slab 13,100 yuan/ton. It is reported that there are still rebates for designated inventory resources, that is, 304 cold-rolled narrow strips can be 13,400 yuan/ton to receive orders.
From the sales point of view, some traders in the market have a wait-and-see attitude towards the market outlook, so the quotation tends to be stable. However, the demand side has the performance of finding cheap resources, so Guangxi narrow band reported 13,050-13,100 yuan/ton including tax. In the later stage, individual traders tried to quote a low price of 12,950 yuan/ton, and set up a limited number of sales. In the afternoon, the quotation of Guangxi's narrow-band resources excluding tax can be seen at 12,050-12,080 yuan/ton, and the low price needs to be self-raised. In terms of large boards, Guangqing, Beigang New Materials, and Delong maintained a tax report of 13,500-13,600 yuan/ton, and the willingness to receive goods was tested at low prices, and intra-day shipments were temporarily rare.
02
201 pipe blanks
Foshan stainless steel market plate coil reference price
Foshan Yongsui Stainless Steel Co., Ltd. 180-6465-4832
201 pipe blanks
Daily Review
Today, Tsingshan Agency reported June-July futures: Dingxin J2-8100 yuan/ton; J3-8400 yuan/ton; J1-8800 yuan/ton; J4-9400 yuan/ton. The quotations of other origins in the market are: Xinfeng J3, Jinhai J3, Zhongjin J5, Huale J3A 7900-7980 yuan/ton including tax, 7380-7450 yuan/ton excluding tax. Beigang New Material J5/J5D, Baosteel D4, Yongda J3E four and five feet are 8050-8100 yuan/ton including tax.
Judging from the quotation, Tsingshan Agency is flat in quotation, and some of them can receive July futures. The overall quotation of the market is stable and weak, especially the demand for receipt can be seen shouting 7,350 yuan/ton excluding tax, specifying Jinhai material. In the later period, individual traders reported that Guangxi's narrow-band resources were 7,380 yuan/ton excluding tax, and limited sales were set. In terms of large plates, the price of Beigang New Material J5 material is about 8,030 yuan/ton including tax, and Baosteel's T4 resources are maintained at 7,900 yuan/ton including tax, and the shipment is relatively slow within the day.
03 Scrap stainless steel
Foshan stainless steel market plate coil reference price
Foshan Yongsui Stainless Steel Co., Ltd. 180-6465-4832
scraps
Daily Review
Compared with yesterday morning, the 201 quotation in the market this morning was partially flat, and some fell by 30-80 yuan/ton; Most of the 304 quotations were flat, down 50 yuan/ton, and the current mainstream quotation range: 201 new materials are 5750-5850 yuan/ton; 304 new material at 10350-10450 yuan/ton.
Today, yesterday's London nickel and Shanghai nickel main contracts are closed down as the end of the market, but the market price atmosphere is light, 304 merchants mostly maintain the original price for receiving, only a few updated quotations down 50 yuan / ton, the market high and low price difference compared with yesterday widened to about 100 yuan / ton, but because the downstream after the inquiry the overall shipment enthusiasm is not high, the specific market receipt price is mostly concentrated in 10400-10450 yuan / ton, some of which have high and low price ranges but more indicate that it depends on the volume.