Daily Review of stainless Steel in Foshan area on April 2, 2020

Foshan area stainless steel noon review] SMM April 2: today Foshan area at the beginning of the month quotation than yesterday continued the stable situation, the holiday inquiry single atmosphere is cold, the market is mostly wait-and-see mentality, although the steel price is low to stimulate the market to take the goods, but the downstream terminal order demand is on the low side restricts the steel purchase, the short-term Foshan area steel price continues to be weak and stable before the festival. Today, Foshan area steel quotation, the state-owned 304 2B trimming volume price lower than yesterday's average price of 13100-13400 yuan / ton, private 3042B rough edge volume price is more stable than yesterday's average price at 1210012400 yuan / ton, 304 / NO. 1 five feet quotation is temporarily stable at 1180012000 yuan / ton, 10:30 SHFE SS2006 contract selling price 11950 yuan / ton, Foshan stainless steel spot rising 320-620 yuan / ton. (spot trimming = rough edges + 170).