[SMM spot Information] Daily Review of stainless Steel in Wuxi area on May 14, 2020

[may 14, Wuxi stainless Steel Daily Review] SMM: today, Wuxi stainless steel market quotation is generally stable, 304 2B rough edge roll price range 13600-13900 yuan / ton, 304 2B cutting edge roll price 1375014050 yuan / ton, the price is the same as yesterday; 304 / NO.1 quoted 13100-13500 yuan / ton, the average price is 50 yuan / ton lower than yesterday.

In the past two days, due to the gradual slowdown in transactions, stainless steel market quotation has a weakening trend, but due to the limited market volume, the supply of goods in circulation in the market has not increased significantly, only some traders with a certain inventory stock have made a small adjustment.

For 10:30 SHFE SS2007 contract price 13335 yuan / ton, Wuxi stainless steel spot water 435-735 yuan / ton. (spot trimming = rough edges + 170 yuan / ton)

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