자료: 상하이선물거래소, 다롄상품거래소 시장 동향 (7월 1일)

The most-traded HRC futures contract drifted lower today and closed at 3,285, down 0.79% for the day, falling below previous support. Spot HRC prices fell by 10-25 yuan/mt today, and spot cold-rolled coil prices declined by 10 yuan/mt. Supply side, this week’s impact from hot rolling maintenance was 63,100 mt, down 85,000 mt WoW; next week’s impact from maintenance is 23,100 mt, down 40,000 mt WoW from this week. Overall HRC production is expected to edge up. Demand side, end-users remain in the off-season, and the continued decline in futures led to poor speculative sentiment, with a sluggish overall market atmosphere. Cost side, the ninth round of coke price increases has been implemented, and there are market talks that the 10th round of increases will be launched on Friday. Hot metal output fell by 4,700 mt WoW this week, and cost-side support has weakened somewhat but has not collapsed yet. Looking ahead, contradictions in sheets & plates continue to accumulate. Inventory data released this week show that most cities continued to see inventory buildup, and downstream support remains weak. However, futures have already reached a relatively low level, so there is not expected to be much room for further pullback in the short term. Going forward, close attention should be paid to steel mill maintenance.

다롄 상품거래소 철광석 시장은 오늘 등락을 거듭한 끝에 I2609 계약이 733위안/톤으로 마감하며 전 거래일 대비 1.68% 하락했다。 항구 현물가는 전일 대비 10~12위안/톤 하락했다。