subject: August 4 Shanghai Building Material Market Diary (stabilized Desire) [print this page] 8 4, cloudy8 4, cloudy. Although a thunderstorm yesterday afternoon extinguished the preparation of high temperature, but Shanghai is heating up the momentum after the typhoon is not reversed?? The next few days, Shanghai will once again review the fine and hot dry weather. Shanghai is withstand high-temperature burn, the best hope rain solution torment; Shanghai construction steel price weakness, demand expected to have performance. Opened, the West offer two of the project Rebar Index smooth, some specifications of price reduction; three steel index fell 30 yuan, the majority of specifications for the corresponding callback. Among them, two different specifications of steel once again widened the spread ,16-25mm standard rebar minimum 18mm5160 yuan, up 25mm5220 yuan / ton; 3 rebar 16-22mm were reported in 5320 yuan and 5350 yuan / ton. Mainstream offer smooth, the bottom of the transaction price did not change significantly.
No heavy volume Friday, Saturday sales to normal performance deserted on Sundays, two-day weekend from Friday to demand continuation of the flat trend in the early morning, the leading distributor of listing price in Shanghai is to push the market flat to the extreme: flat, flat, flat. Price stability is not only unwilling to drop the normal business of the reaction, more desire to look forward to a turnaround in market, so, the spot market price of all varieties seem calm. Calm under the Rebar 16-25mm II free products reported between in 5150-5280 dollars, in addition to 18mm low sales, the majority of first-line standard remained at 5,200 yuan, although the East China manufacturers product specifications missing, and only in 5280 yuan transactions; 28-32mm rebar due to resource gradually added, the relative price weakness, for example, Wuhu new ship in 5480 yuan, and other free products and more down to 5500-5520 yuan / ton. 3 Steel to continue to exempt low-return ,16-22mm resource reported in 5300-5380 dollars, 25mm Price is a bit confusing, but the 5400 yuan the following have become mainstream. Wire decline slowing General Line In 5380 yuan, High Line In 5500 yuan seemingly supported.
Two rebar 5,200 yuan, three steel 5,300 yuan, 5,500 yuan higher line, has the same specifications 2, 3 steel spread 300 yuan, has three lines of steel and high spreads over 300 yuan / ton, mended instant between the foam into the gap ... ... resources or those resources, the price is not at that price, there are dealers said, with prices hovering each species integer mark, with the spread of a reasonable return of different resources, with large price stabilized, the market has steadied looming signs of stage. There are three reasons: first, the supply situation, the arrival of the current focus on two steel warehouse large size and three of steel, non-exempt resources that secondary steel is recognized by customers qualified products are too few common specifications of storage resources determines prices is limited. Secondly, from the purchase costs, the initial focus on the arrival of Laiwu Iron and Yong-feng and other places more than 28mm size 2 steel sales in a loss, while Fujian Sanming Steel, etc. 3 steel cost 5400 yuan / ton from top to bottom, dealers are not will cut prices to ship cynical. Finally, the regional market, the prices of most varieties in Shanghai is not high compared to other markets, even if the resources can not be successfully diverted, this situation will not have to bring psychological pressure on businesses.
, Of course, even if prices stabilize by many conditions, but steadied the determinants of support for only one: the demand. According to stock market feedback, the whole morning, dealers trade is still small, but two free products rebar demand for good sites to low levels in normal cargo.
Afternoon session unadjusted market prices, although overall sales did not enlarge, but similar to the 25mm 2 steel firm, and rumors of Shanghai Bao-product transactions are more than 5,200 yuan. Today's Shanghai construction steel market is very dull: prices a loss, demand deserted, but "remains the same," behind the desire to have dealers stabilized.
August 4 Shanghai Building Material Market Diary (stabilized Desire)
