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coinmaster60spin| Lange Steel Cloud Business Platform: 1.0mm galvanized sheet fell to 4815 yuan, stable market demand weakened

Celebrities 2024年05月08日 19:00 6 editor

Newsletter summary

May 8thCoinmaster60spinThe price of coated sheet coil fell slightly in key cities in China, the average price of galvanized sheet decreased by 3 yuan to 4815 yuan, and the average price of color coated sheet decreased by 15 yuan to 5875 yuan. Affected by the fall in hot-rolled futures, the market wait-and-see atmosphere increased, traders maintained low inventories. It is expected that the price of domestic coated coil will show a slight downward trend in the short term.

Text of news flash

[market price fell slightly] on May 8, the domestic market price of coated coil showed a slight downward trend. According to the monitoring data of Lange Steel Cloud Merchant platform, 1Coinmaster60spinThe average price of .0 mm galvanized sheet in key domestic cities was 4815 yuan, down 3 yuan from the previous trading day, while the average price of 0.47mm color coated sheet was 5875 yuan, down 15 yuan from the previous trading day.

coinmaster60spin| Lange Steel Cloud Business Platform: 1.0mm galvanized sheet fell to 4815 yuan, stable market demand weakened

The performance of the hot-roll futures market was low, opening low, and the decline expanded at the close. In the spot market, the price of galvanized sheet in ten major domestic cities remained stable, only the Shenyang market showed a decline of 30 yuan. The color coated board market is also weak, with market prices flat in eight of the top ten cities, while prices in Shenyang and Tianjin fell by 50-100 yuan. Due to the rapid price rise in the early stage, the northern market has fallen back today, while the southern market is relatively stable.

From the point of view of the supply side, the production pace of steel mills accelerated after the festival, and the market inventory rebounded slightly, especially the inventory of coated plates in East China remained high. In terms of demand, the demand for replenishment of downstream terminals after the festival has been released, but the transaction has fallen again today. The plunge in the futures market affects market sentiment, causing traders to maintain low inventories and adopt preferential selling strategies. Raw material end Tangshan cold rolling base material price fell 30 yuan compared with yesterday, cost support has weakened.

Based on the current market situation, the positive macro policy before the festival has led to a rise in the volume and price of coated plates. However, as the positive factors are gradually digested, the increment on the demand side is not obvious, the inventory is still high, the market mentality tends to be nervous, and the operation tends to be cautious. In the context of weakening cost support, it is expected that tomorrow's domestic coated coil prices may maintain a slight downward trend.

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