According to the latest monitoring of “My Steel Networkâ€, the average price of shipbuilding plates in some major cities nationwide stabilized on the 6th, with individual cities offering slightly higher prices last Friday, while the rest remained stable. The overall market volume was light.
The average price of shipbuilding plates in some major cities in China rose slightly last Friday. The average price of 10mm shipbuilding plates rose by 2 yuan/ton from the previous day; the average price of 20mm shipbuilding plates rose by 3 yuan/ton from the previous day's prices. The average price of shipbuilding plates in major cities across the country stabilized today, and the average price of 10mm shipbuilding plates now stands at 4,705 yuan/ton, which is the same as the price of the previous trading day; the average price of 20mm shipbuilding plates is 4,586 yuan/ton, which is the same as the price of the previous trading day.
Judging from the market conditions, the quotation of major cities stabilized on Friday and the market transactions were relatively light. Today's major cities offer prices are generally stable. On the one hand, some downstream shipyards have still not resumed production. Due to the financial pressure and the continuous decline in new orders, some of the small boat companies have difficulties in operating, the demand for ships is poor, and there are fewer transactions in the market. On the other hand, there are not many merchants in stock, and the pressure of shipments is not large, which forms a certain support for prices. Coupled with the impact of cost factors, merchants have a low willingness to cut prices. In general, under the condition that the demand has not yet been fully released, the market price power is insufficient, but at present, there is not much inventory on the market, and the pressure of merchants is not large, so there is little room for price drop. In the short term, the market price of the ship board is still mainly in smooth operation.
Today's domestic steel spot market prices have risen and fell, some individual species have fallen slightly; the raw material market consolidation has stabilised, the spot price of imported ore remains generally stable, the iron concentrate market has stabilized temporarily, the billet prices have risen and fell, and the BDI index has continued to decline. Reported at 647 points, 4 points lower than the previous day, a drop of 0.61%, and it is expected that the recent plate prices will be mostly stable.
The average price of shipbuilding plates in some major cities in China rose slightly last Friday. The average price of 10mm shipbuilding plates rose by 2 yuan/ton from the previous day; the average price of 20mm shipbuilding plates rose by 3 yuan/ton from the previous day's prices. The average price of shipbuilding plates in major cities across the country stabilized today, and the average price of 10mm shipbuilding plates now stands at 4,705 yuan/ton, which is the same as the price of the previous trading day; the average price of 20mm shipbuilding plates is 4,586 yuan/ton, which is the same as the price of the previous trading day.
Judging from the market conditions, the quotation of major cities stabilized on Friday and the market transactions were relatively light. Today's major cities offer prices are generally stable. On the one hand, some downstream shipyards have still not resumed production. Due to the financial pressure and the continuous decline in new orders, some of the small boat companies have difficulties in operating, the demand for ships is poor, and there are fewer transactions in the market. On the other hand, there are not many merchants in stock, and the pressure of shipments is not large, which forms a certain support for prices. Coupled with the impact of cost factors, merchants have a low willingness to cut prices. In general, under the condition that the demand has not yet been fully released, the market price power is insufficient, but at present, there is not much inventory on the market, and the pressure of merchants is not large, so there is little room for price drop. In the short term, the market price of the ship board is still mainly in smooth operation.
Today's domestic steel spot market prices have risen and fell, some individual species have fallen slightly; the raw material market consolidation has stabilised, the spot price of imported ore remains generally stable, the iron concentrate market has stabilized temporarily, the billet prices have risen and fell, and the BDI index has continued to decline. Reported at 647 points, 4 points lower than the previous day, a drop of 0.61%, and it is expected that the recent plate prices will be mostly stable.
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