[SMM December 24 stainless Steel spot] Cold Rolling quotation in Wuxi Market is generally flat, partial Hot Rolling shortage in Foshan has increased slightly

SMM12, 24th:

Wuxi stainless steel: this morning Wuxi area quotation: state-owned 304 2B edge cutting volume price is 15000-15200 yuan / ton, private 304 2B rough edge roll price 14350-14450 yuan / ton. 304 / NO. 1 five feet at 13250-13350 yuan per ton. The cold rolling quotation in the morning market is generally flat. Yesterday the hot rolling quotation increases the business today to lower 50 yuan / ton, this week trading is light. In the morning, Qingshan a new round of hot and cold plate prices have been released: Qingshan 304 hot rolled plate price of 13300 yuan / ton, February to the end of March delivery, deposit 10%, the offer is flat. Hongwang 304 cold rolling futures guidance price: 304ft cold rolling 13600 yuan / ton, ring drop 100yuan / ton; 3045ft cold rolling 13700 yuan / ton, flat plate. The contract deposit is 10%, the delivery time is March, the quantity is to be approved. For 10:30 SHFE SS2002 contract selling price 14285 yuan / ton, Wuxi stainless steel spot water 235-335 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

Foshan stainless steel: this morning Foshan area quotation: state-owned 304 2B edge cutting volume price is 15200-15500 yuan / ton, private 304 2B rough edge roll price 14350-14650 yuan / ton. 304 / NO. 1 five feet at 13500-13700 yuan per ton. In the morning, some hot rolled steel in Foshan market is out of stock, there is a slight increase, the overall market transaction atmosphere at the end of the year is calm, and later operators are more likely to wait and see changes in market supply and demand. For 10:30 SHFE SS2002 contract selling price of 14285 yuan / ton, Foshan stainless steel spot water up 235-535t. (spot edge cutting = rough edge + 170 yuan / ton).

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