SMM, April 2-
The mainstream transaction in Ningbo was 15220-15380 yuan / ton, the ordinary brand rose 110-130 yuan / ton to the 2004 contract, and the price difference between Ningbo and Shanghai ordinary brand widened from 40 yuan / ton to 50 yuan / ton yesterday. The supply of low-priced goods may have been smoother yesterday, and the circulation of the last air cargo today was tighter than that of yesterday. Morning holders continued yesterday's offer, Western Mining News rose 110 yuan / ton in April, Tiefeng newspaper rose 130 yuan / ton on the April contract, which is slightly higher than the ordinary mainstream brand, the main reason is less supply; in addition, some Kirin underreported in the April contract rose 120 yuan / ton, the transaction situation is relatively good. Overall, the first period of the market willingness to buy is OK, the second period of the rapid expansion of the market, the market enthusiasm for rapid decline. The overall transaction was worse than yesterday.
Brand name
Liter water
Kirin
4x 120
Iron peak
440 130
West mine
4x 110
Scan QR code, apply to join SMM metal communication group, please indicate company + name + main business
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn