Publicado: Jan 3, 2024 17:51

SMM hot coil daily review: Fundamental contradictions not apparent, expected high-level price volatility tomorrow.

The spot price in the Shanghai market at the end of today is around 4100-4110, with overall trading volume weaker compared to yesterday, and moderate purchasing enthusiasm among end users. The spot price in Lecong market at the end of today is 4210-4230, with overall moderate trading volume, mainly driven by on-demand purchasing at end-user outlets, and a market sentiment of fear of high prices. Today's transactions in the northern market are moderate, with the Shenyang market leaning towards weaker transactions and increasing end-user wait-and-see sentiment, and traders holding firm prices and a bullish outlook. The Tangshan market has moderate transactions, with traders showing strong bullish sentiment and end-user wait-and-see attitude prevailing.

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn
SMM hot coil daily review: Fundamental contradictions not apparent, ex - Shanghai Metals Market (SMM)