SMM4, January 1:
Today, Wuxi stainless steel quotation is generally stable, private 3042B rough edge volume price of 12200-12500 yuan / ton, 304 / NO. 1 five feet 1185012050 yuan / ton. The state-run 304 2B trimming volume is quoted at 13000-13400 yuan per ton.
Stainless steel prices fell sharply in March and are now in a lower position, with little volatility in the near future. Due to the impact of the epidemic, downstream demand has not yet improved significantly. Some traders said that the probability of April is similar to that of March, shipment is dominant, downstream is still on-demand procurement.
For 10:30 SHFE SS2006 contract price 12010 yuan / ton, Wuxi stainless steel spot water 360-660 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)
[for more information, please subscribe to SMM Nickel Research Group products "China Nickel Chromium stainless Steel Industry chain General report" and "China Nickel Chrome stainless Steel Industry chain High end report" to obtain the latest nickel mine, nickel pig iron (China + Indonesia), electrolytic nickel, nickel sulfate, chromium ore, ferrochromium, stainless steel (China + Indonesia) related data analysis and market analysis! For ordering and trial reading, please call 021-5166 6817 QQ: 2880505562, contact: Li Chuntian]
（上海有 色 网 李春田 TEL：021-5166 6817 QQ ：2880505562）