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General Administration of market supervision: regular detection of iron ore, steel and other bulk commodity prices!

2021年06月03日

The state adjusted the reserve ratio of foreign exchange deposits, and rebounded greatly for iron ore which relies on higher imports, but at present, it does not have the power to rise for a long time. At home and abroad, it has issued a warning on the sharp rise of iron ore. The period steel high open low, spot market sentiment fluctuation is large, most of the stability of a small increase.


General Administration of market supervision: regularly detect the price of iron ore, steel and other commodities


Since this year, the price of bulk commodities has been rising significantly in China. The General Administration of market supervision and inspection and anti unfair competition, Chen Zhijiang, head of the price supervision and Inspection Bureau of the State Council, said at the policy briefing meeting of the State Council held by the State Council on Monday that since this year, the price of bulk commodities has been rising significantly in China. The General Administration of market supervision and supervision attaches great importance to closely tracking the price trend, strengthening early warning analysis, regularly monitoring iron ore, steel, coal, etc The price trend of commodities such as crude oil shall be analyzed weekly and effectively supervised. The supervision is strengthened again, and the price rise continues to be under pressure.


The first round reduction of coke price is 120 yuan / ton


After the previous period of continuous increase, in June, the domestic metallurgical coke price fell steadily, and the first round price cut by 120 yuan was successively landed. With the first round of price reduction policy issued by the leading steel plants in East China and North China, the first round price reduction of metallurgical coke has been implemented successively. The price of raw materials is lowered, and the space for steel price decline increases. However, there is no inventory pressure in coke enterprises at present, and the enthusiasm of starting is high, the price support is strong and the price decline is limited.


Volume of building materials has risen


Recently, the volume of building materials trading in China has recovered, basically returning to the normal level of more than 200000, reflecting the overall stability of demand, strong demand toughness and improved terminal acceptance of price.


Period steel shock, spot stable rise


The period snail rose 25 to 5002, the volume rose 42 to 5305, iron ore rose 31.5 to 1168.5, coking coal rose 64.5 to 1859, and coke rose 58 to 2580.


In terms of spot, according to the data of China Steel Network:


The average price of 20mmhrb400e was 5179 yuan / ton, up 16 yuan / ton compared with the previous trading day;

The average price of hot rolled sheet roll was 5582 yuan / ton, up 48 yuan / ton compared with the previous trading day;

The average price of 14-20mm PSB was 5651 yuan / ton, up 6 yuan / ton compared with the previous trading day.


Tangshan production restriction relaxation plan was not determined to be implemented, but the news has a huge impact on the steel market and market sentiment is disturbed. However, after the steel price fell sharply in the early stage, the profits of steel plant were squeezed, forming a certain cost support, resulting in the recent large fluctuation of steel price, and it is expected that the steel price will continue to vibrate tomorrow.


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