[SMM spot information] stainless steel cold rolled spot trial up 50 yuan / ton downstream trading in general

SMM6 March 22:

[June 22 Wuxi area stainless Steel Daily Review] SMM June 22: the spot price of 304 cold-rolled stainless steel in Wuxi slightly increased by 50 yuan / ton to 13,200 RMB13,500 yuan / ton; hot rolling remained stable, with a quotation range of 12800rel 12900 yuan / ton.

After the futures contract prices rose last week, for fear of an increase in steel mill prices in the later period, traders began to take goods from steel mills, and the market sentiment of taking goods improved. Stimulated by an active atmosphere, some merchants slightly tried to raise 50 murals 100 yuan / ton, but according to market understanding, at present, it is generally traded downstream, and the mood of stock preparation before the holiday is not strong.

Today, SHFE 10: 30 SS2008 contract price 13150 yuan / ton, Wuxi stainless steel spot water 220mur520 yuan / ton. (spot trimming = rough edge + 170 yuan / ton)

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