The Price Of Copper Stranded Wire May Show A Low-level Compensatory Rise

Handan medium plate prices fell slightly. According to the monitoring data of Lange Steel Cloud Merchant Platform, 16-25mm general board is 3600 yuan in Puyang (ton price, the same below), Jigang 3600 yuan, Yuanbaoshan 3590 yuan, Jinding 3590 yuan, the price dropped 40 yuan compared with yesterday .

Tangshan billet prices fell 40 yuan yesterday afternoon, adding to the pessimism in the market. The market opened in early trading today, black series rebar and hot coil continued to open lower, and the quotations of merchants were mostly lowered slightly. During the session, with the expansion of futures decline and the impact of sluggish transactions, the market price showed a phenomenon of chasing down. Unexpectedly, in the afternoon, Tangshan steel enterprises will continue to implement the news of staggered peak production in autumn and winter, futures rebounded, purchasing sentiment in the spot market warmed up, and shipments improved. Reluctant to sell. As for the market outlook, as the inventory of merchants decreases, merchants are no longer eager to sell goods at low prices, and the price has certain support. However, considering that the current demand is gradually shrinking due to weather and capital problems, the room for price rebound is limited. Under the influence of the news of Tangshan's peak shift and production limit, it is expected that the local copper stranded wire price may show a low-level rise in the short term.

The price of construction steel in the Hangzhou market has dropped significantly. According to the monitoring data of the Lange Steel cloud business platform, at 13:00 on the 11th, Hangzhou: Zhongtian High Line 4010 Grade III Da 3820 Yonggang Grade III Da 3820 Shagang 3820; Panluo Yonggang 4040. down 50. The price of construction steel in the Hangzhou market fell significantly, and the snails showed a weak and fluctuating trend in the daily trading period. Tangshan billet remained stable today, and the current carbon billet is 3280 including tax. The continuous rainy weather has led to poor recent demand. With the poor performance of futures, rigid The demand has not entered the market for a long time, and the intermediate traders have no interest in entering the market, and the market vitality is seriously lacking. In terms of raw materials: on the afternoon of the 11th, the billet resources in Tangshan and Changli Qian'an were stable, and the current carbon billet was 3,280 yuan including tax, which was reduced by 40 yuan yesterday. To sum up, it is expected that the market price of construction steel in Hangzhou will be adjusted weakly tomorrow.