Daily Comment: Steel futures rose strongly, steel spot market will rise

/*kangxianyue 250*250 was created on 2017/3/29*/ var cpro_id = "u2939694";

Today's hot spot

Today, the overall performance of black products is strong. Except for the small drop of coking coal, the other black varieties have risen. The snail performance is the most eye-catching, the price has reached a new high, and the positions have increased significantly. At the same time, the other black varieties have also been promoted. On the spot market side, the positive rise of steel billets on weekends, the strong performance of the snails in the early trading session, led to market sentiment early, the market trading atmosphere was active, and prices rose. Although the demand from the terminal is general, the strong performance of the black futures and the weak supply side still give the price increase. In addition, futures are very important for the market's sentiment, so it is difficult to determine whether the high price can be maintained. Therefore, it is expected that the short-term domestic steel price will fluctuate and run at a strong trend.

Macro hotspot

1. [Threaded futures closed up, led by both companies] Thread, Zheng coal closed up more than 2%, PTA, hot coil, egg, asphalt, coke rose more than 1%, iron ore, corn, apple, manganese silicon, glass Shanghai nickel, Shanghai gold, Shanghai aluminum, white sugar, etc. closed up. Cardamom and rapeseed fell more than 2%, Zheng cotton, bean one, ferrosilicon, Shanghai zinc, bean two, cotton yarn, Zheng oil fell more than 1%, crude oil, Zheng alcohol, Shanghai lead, rubber, Shanghai tin, PVC, fuel, Coking coal, Shanghai copper, Shanghai silver and so on closed down.

2, [the two cities reversed in the afternoon, the technology stocks broke the GEM 1%]

The Shanghai Composite Index closed at 2,788.87 points, down 0.34%, with a turnover of 129.46 billion.

The Shenzhen Component Index closed at 8844.86 points, up 0.36%, with a turnover of 171.12 billion.

The GEM closed at 1531.34 points, up 1.3%, with a turnover of 55.5 billion.

3, [Xiamen property market turnover fell sharply, Baoli, Pazhou and other housing enterprises or trapped capital turnover dilemma] Some of Xiamen's real estate has reduced the sales price by reason of hardcover roughing, different villa flooring and late clearance. The data shows that from last year to the first half of this year, the transaction volume of new and second-hand houses has dropped significantly year-on-year, with a drop of more than 40%. It is worth noting that while both volume and price have fallen, real estate companies that have previously taken a more aggressive approach may be caught in a capital turnover dilemma. It is found that in 2016-2017, a number of land plots, including Poly, Pazhou, Haitou, Rongqiao and other real estate enterprises, which are worth more than 30,000 yuan/m2 of floor price, have not yet started or are still waiting. During the sales phase, the high premium rate plots have not entered the market lately or caused heavy pressure on the cash flow of the housing enterprises.

4. [Mutual Gold Remediation Office, Network Loan Remediation Office held ten meetings to cope with the risk of online loans] Recently, the Office of the Leading Group for the Special Remediation of Internet Financial Risks and the Office of the Leading Group for the Special Remediation of Internet Loan Risks jointly held the risk management of online lending institutions. And the symposium on standard development work, responsible comrades of relevant provinces, cities and departments to attend the meeting. The meeting pointed out that the launch of ten measures to deal with online lending risks, including the implementation of online lending institutions compliance inspection; guide online lending institutions through mergers and acquisitions, asset realization, and financial institutions cooperation and other market-based means to mitigate liquidity risk; compaction Online lending institutions and their shareholder responsibilities; standardize the withdrawal behavior of online lending institutions.

Market today

Raw material

[Steel billet] The national billet market price is getting higher and higher. Today, Tangshan steel billet rose 40 yuan / ton, Jiangsu steel billet rose 40 yuan / ton, Shanxi steel billet rose 90 yuan / ton, Shandong steel billet rose 100 yuan / ton. Today, Tangshan billet straight transaction is active, warehousing spot 4070-4080 yuan / ton tax-included out of the low-cost transaction, high price temporarily wait and see, steel futures high shock, the downstream varieties of individual products are active, the overall transaction is general. Today, Shandong steel billet rose 100 yuan / ton, Q235 billet factory 4050-4060 yuan / ton, the market can be traded, there are many inquiries downstream.

[Domestic mine] Some market prices of domestically produced main producing areas increased slightly. North China - Tangshan 66% dry basis tax-included cash factory 680-690 yuan / ton, Qianxi 66% dry basis tax-included cash out 675-685 yuan / ton, Qian'an 66% dry basis tax-included cash factory 690-700 yuan / ton; Zunhua 66% dry basis tax-included cash factory 680-690 yuan / ton.

[Imported mine] The spot market price of imported ore has increased by 3~5 yuan compared with last Friday, and the market activity is still acceptable. Due to the large increase in Tangshan billet weekend, the spot market of iron ore is more active this morning. Some traders raised the offer price by RMB 5/ton, and the bargaining price is not large. The mainstream price of PB powder in Shandong port is 505 yuan/ton, and the mainstream price of PB powder in Tangshan area 515 yuan / ton. Steel mills have a big objection to this round of price hikes. The enquiries are general, wait and see, and there are few real orders. The afternoon traders offer a slight loosening, and some transactions have been made in succession.

Steel spot

Construction steel: Today's domestic construction steel prices have increased significantly. In terms of specific prices, the average price of 25 major cities nationwide was 4,468 yuan / ton, up 57 yuan / ton from the previous trading day, of which Jinan and Changsha prices rose the most, reaching 140 yuan / ton, the price increase in the rest of the region was 30 -90 yuan / ton. Specifically, the steel billet rose by 40 yuan/ton over the weekend, the business confidence boosted, and the middlemen traded positively. Therefore, the market in the early morning was mainly filled with upswings. After the opening, the snails were strong, and the steel billets led the rise. The spot market was obviously heavy, the price of the business was raised again, the market turnover slowed down in the afternoon, and the price remained stable. On the 11th, Shagang’s mid-price policy was introduced, the price was raised by 100, the cost of traders was high, and the production of Tangshan was limited. The output continued to shrink in early August. On the whole, it is expected that domestic construction steel prices will fluctuate strongly tomorrow.

Hot-rolled coils: Today's hot rolling prices in 24 major cities nationwide rose slightly. The average price of 3.0 hot-rolled coils was 4,393 yuan/ton, up 24 yuan/ton from the previous trading day, and the average national price of 4.75 hot-rolled coils was 4337. Yuan/ton, up 25 yuan/ton from the previous trading day. Today's futures market has risen sharply, the market mentality is more optimistic, and merchants' offers have risen slightly. At present, there are relatively few market inventory resources, and the pressure on merchants is not large, but the demand is generally general. The downstream users basically purchase on demand, and the transaction has not improved significantly. In addition, the price of Tangshan billet market has risen by RMB 90/ton, and the current price of carbon billet is RMB 4,000/ton. On the whole, it is expected that the price of the hot-rolled market will fluctuate tomorrow.

Plate: Today, the domestic plate market price rose slightly. The average price of 20mm plate in 23 major cities nationwide was 4,460 yuan/ton, up 20 yuan/ton from the previous trading day. Today's market is driven by futures pull and steel billet prices, the market confidence is relatively sufficient, business offers rose slightly. At present, downstream procurement is also cautious, basically on-demand procurement, and the market transactions are generally average. However, the market inventory resources are relatively small, and the pressure on merchants is not large. The ex-factory price of steel mills continued to rise. At present, Puyang in the north rose to 4,400 yuan/ton, and the cost of steel mills continued to rise, which had an uplifting effect on market prices. In addition, the price of Tangshan billet market has risen by RMB 90/ton, and the current price of carbon billet is RMB 4,000/ton. On the whole, it is expected that the price of the plate market will fluctuate upward tomorrow.

Cold rolling: Today's national cold rolling prices are mainly based on rising. Price: 1.0 national cold rolling average price of 4,820 yuan / ton, an increase of 19 yuan / ton compared with the previous working day. The main market price: Shanghai market 1.0mm WISCO coil plate offer 4770 yuan / ton, Guangzhou market 1.0mm anang steel coil offer 4920 yuan / ton, Tianjin market 1.0mm Angang coil offer 4670 yuan / ton. Market: Today's black commodity futures rose a lot. In addition, today's steel billets rose by 50 yuan / ton, the market mentality is sufficient, early trading companies have slightly raised prices, the price is stable in the afternoon but the market mentality remains cautious. From the point of view of the transaction, today's national transactions are better, all local shipments have increased, and merchant prices are supported. It is expected that the cold spot market price will continue to fluctuate and stabilize tomorrow.

Profile: Today, the domestic steel market price has risen slightly. The average price of Gongjiao trough has risen by RMB 40/ton, and the average price of H-beam has risen by RMB 20/ton. Specifically, the Tangshan steel market as a whole rose 20-60 yuan / ton, the low price of the plate is generally blocked by the high price, the overall view is generally weak, the steel billet rose 50 yuan / ton in the afternoon, the environmental protection hit again, now the downstream operation Be cautious. East China's profile prices rose slightly by 20-30 yuan / ton, of which the angle of the work slot was driven by the strong rise in billet, and the early offer was raised. In the case of H-beams, although steel mills continue to raise the price of guidance, they are limited to transactions, and the overall trend is consolidating. South China's profile prices rose by 30-50 yuan / ton, but the downstream demand performance was flat after the price increase, the market transactions are more general, although the cost continues to rise, but the shipment situation has not improved significantly, business operations are still cautious. It is expected that the spot price will be affected by the cost and electronic disk or maintain a steady and strong state.

Steel pipe: On the 13th, domestic pipe prices rose overall. In terms of varieties, the average price of welded pipe 4 inch 3.75mm is 4597 yuan/ton, up 36 yuan/ton from the previous trading day; the average price of galvanized pipe 4 inch 3.75mm is 5308 yuan/ton, which is higher than the previous trading day. 39 yuan / ton; seamless pipe 108 * 4.5mm national average price of 5374 yuan / ton, compared with the previous trading day price rose 11 yuan / ton. Today, the prices of steel pipes in the mainstream cities nationwide have risen overall, and the atmosphere of the increase is strong. In terms of welded pipes and galvanized pipes, the prices of raw material strips continued to rise and boosted. The prices of mainstream pipe mills increased in the same range. The local markets were affected by rising costs, and the market price increased by 20-100 yuan/ton. However, from the point of view of the transaction, the performance of various places was mixed, and the transactions in some areas were weak. In the short term, steel pipe prices will remain firm due to the continued rise in upstream raw materials.

Futures: Today, domestic black commodity futures rose across the board, and the snails led the gains. The main funds flowed in a large amount, and the market transactions were active. Specifically: the environmental protection policy of the Tangshan area in the weekend market was again exerted, and the cumulative amount of Tangshan Pufang billet rose by RMB 40/ton over the weekend. On Monday, it rose again by 40 yuan/ton in early trading. The early-season quotation of the finished products market also rose sharply. The futures market gapped higher and the resonance rose. Short-term supply is difficult to improve significantly, supported by low inventory and high costs, and will continue to rise and fall in the short term. For example, the snail 1901: Today's heavy volume increase and close the Zhongyang line, the new high in the late session, affected by the 1810 continued pull up, the short-term market is likely to continue to rise, operating the above recommendations, wait and see.



Outdoor Light

Outdoor Lighting,Outdoor Led Shoebox Light,Outdoor Small Led Area Light,Outdoor Led Wall Light

Fuonce-Lighting , https://www.fuoncelighting.com