SMM Daily Hot Rolled Coil: Futures market weakly fluctuates, spot market transactions remain stable
Today, the spot price in the Shanghai market is around 4040 at the end of the session, which is basically stable compared to yesterday's price. Overall transactions are moderate, with some end-users purchasing in small quantities at lower prices. In the Lecong market, the end-of-day price is 4130-4150, and overall transactions are ordinary, mainly based on on-demand purchases by end-users, with market sentiment leaning towards weakness. The northern market has average transactions, with weak transactions in the Shenyang market, as traders have low enthusiasm for shipping and end-user demand is weak. Transactions in the Tangshan market are average, with traders still able to do low-priced transactions, but end-user purchases are weak.

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