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Period snail volume rose, in stock transactions turned good, pre-holiday market can be expected?


Release time:

2017-10-26

September 27, the national steel market prices rose slightly. The price of rebar in 10 cities, including Shanghai, Guangzhou, Beijing and Nanchang, rose by 10-30 yuan/ton, while that in Kunming and Xi'an fell by 10-30 yuan/ton. 4.75 hot-rolled coil market price volatility is strong. Prices in 15 markets, including Shanghai, Hangzhou, Guangzhou, Wuhan, Beijing and Tianjin, Shenyang and Chongqing, rose by 20-80 yuan/ton. 20mm plate market price narrow consolidation. Prices in 11 markets including Shanghai, Hangzhou, Hefei, Wuhan, Tianjin-Hebei, and Chongqing fell by 10-60 yuan; prices in Guangzhou, Beijing, Xi'an, and Wu'an fell by 10-20 yuan.
On the 27th, Tangshan billet had a straight hair, with a storage in stock of 3570-3590 yuan/ton including tax. There was a deal at a low price and a high price for the time being. The first period of steel is strong and then weak, and the operation of in stock market merchants tends to be cautious. After the downstream finished products rise, some resources can be shipped, and the overall situation is general. In the afternoon, the billet rises by 20 yuan/ton, 20MnSi billet 3630 yuan/ton, cash including tax factory.
 
Black commodities mostly rose, with hot rolls up 2.08 per cent by the close, rebar and iron ore up more than 1 per cent and coke down 1.9 per cent.
 
The main contract of the period snail 27 positions closed positive, the 3600 key position has been broken. The MACD indicator green bar on the daily chart is slightly reduced, and the DIFF line intersects the DEA line from top to bottom. The third line of the RSI indicator is located in the interval around 45. The thread runs above the lower rail of the Bollinger Belt, and the overall technical indicators are still empty, but the downside is narrowing. Radicists can catch a small band of low suction and high selling within a day, with a stop loss of 3%. It is not recommended to leave a single overnight. It is advisable for prudent people to wait and see with money.
 
On the 27th, a total of 3 steel mills across the country released price adjustment information and adjusted steel prices by 10-110 yuan/ton.
 
steel in stock market
 
Construction steel: the average price of HRB400(20mm) rebar in 25 major cities across the country is 4066 yuan/ton, up 6 yuan/ton from the previous trading day. Early market quotations are mainly stable. In the afternoon, with the rise of the period, sales have picked up, and some merchants have raised their quotations by 10 yuan/ton. Overall, it is expected that tomorrow's domestic construction steel or continue to be strong shock operation.
 
Hot rolled coil: on the 27th, the price of 4.75mm hot rolled coil in 24 markets across the country was reported at 4124 yuan/ton, up 22 yuan/ton from the previous trading day. Futures market volatility upward, market confidence has been boosted, business quotes gradually higher. However, as the November holiday approaches, the downstream stock preparation is nearing the end, and the market transaction is difficult to improve significantly. It is expected that the hot rolling market price will fluctuate tomorrow.
 
Cold-rolled coils: The average price of 1.0mm cold-rolled coils in 24 major cities across the country is 4660 yuan/ton, an increase of 17 yuan/ton from the previous transaction price. 27 futures and in stock prices have rebounded, trading down from yesterday. Terminal pre-festival replenishment is basically over, short-term demand is still subject to environmental restrictions. It is expected that tomorrow's cold-rolled price shock consolidation mainly.
 
Medium and heavy plate: the average price of medium and heavy plate in 24 major cities across the country is 4065 yuan/ton, up 7 yuan/ton from the previous trading day. On the 27th, the futures market continued to fluctuate upward, market confidence was boosted, and merchant quotations rose steadily. However, near the 11 long holiday, downstream procurement is nearing the end, the market demand is difficult to have obvious release, it is expected that the price of medium and heavy plate market will fluctuate tomorrow.
 
raw material in stock market
 
Imported ore: On the 27th, 61.5 Australian fine ore in Jingtang Port was reported to be 495 yuan/ton, up from 5 yuan/ton yesterday. As the futures market stabilized yesterday and the billet material has an upward trend, the morning iron ore traders offer stable or a small rise, bargaining space is small. Steel mills in the normal procurement, the whole day transaction is good.
 
Coke: 27, the domestic coke in stock market consolidation operation, some steel mills in North China proposed secondary coke price reduction of 50, coke enterprises resistance is greater, the game into a critical stage. The current secondary mainstream price in the coke market in Shanxi is 2050-2080 yuan/ton, and the secondary metallurgical coke in Handan area of Hebei province is 2210 yuan/ton including tax. Tangshan Grade II to Factory 2260-2320 Yuan/Ton, East China Coke Market Current Grade II Mainstream Quotation 2250-2300 Yuan/Ton, All Factory Price Including Tax.
 
Scrap: 27, the scrap market temporarily stable, the transaction in general. At present, the price of heavy waste in Jiangsu is maintained at 1790-1850 yuan/ton. The price of heavy waste in Shandong is 1810-1880 yuan/ton. The price of heavy waste in Zhejiang market is 1780-1860 yuan/ton. The price of heavy waste including tax in Hebei region is 2100-2230 yuan/ton, and the above prices include tax to the factory.
 
Steel Market Forecast
 
27 futures continued to improve, to a certain extent, led to the recovery of billets, in stock speaking, pre-holiday procurement relatively narrow volume, low turnover is OK, confidence has been repaired. The end of the month is approaching, and the National Day is approaching, merchants are more willing to go to stock, and the demand for steel mills to order and make money also urges merchants to digest resources. Short-term trend analysis, after the stage of price adjustment, the market will be stabilized, steel prices are expected to narrow consolidation wait-and-see operation.

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Period snail volume rose, in stock transactions turned good, pre-holiday market can be expected?

2017-10-26

September 27, the national steel market prices rose slightly. The price of rebar in 10 cities, including Shanghai, Guangzhou, Beijing and Nanchang, rose by 10-30 yuan/ton, while that in Kunming and Xi'an fell by 10-30 yuan/ton. 4.75 hot-rolled coil market price volatility is strong. Prices in 15 markets, including Shanghai, Hangzhou, Guangzhou, Wuhan, Beijing and Tianjin, Shenyang and Chongqing, rose by 20-80 yuan/ton. 20mm plate market price narrow consolidation. Prices in 11 markets, including Shanghai, Hangzhou, Hefei, Wuhan, Tianjin-Hebei and Chongqing, fell by 10-60 yuan; under the market prices in Guangzhou, Beijing, Xi'an and Wu'an

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