SMM7 March 17:

The mainstream transaction of Ningbo Gao was 17830 Mel 17930 yuan / ton, and the price difference between Ningbo and Shanghai ordinary brands remained near Pingshui since yesterday. The price of ordinary brands in Ningbo was sold at around 17830 RMB17930 / ton. Today, the Shanghai area has a strong willingness to raise prices, and the spot water rose higher in the morning. Ningbo market tried to follow, but it was difficult to maintain a higher rising water. In the first trading session, Tiefeng reported around 100 yuan / ton for the August contract, West Mining reported around 70 yuan / ton for the August contract, and Kirin reported around 100 yuan / ton for the August contract. Huize has not yet arrived. Entering the second period of time, there is still no obvious pick-up in downstream purchases, traders are unwilling to ship goods at low prices, and the rising water in the market has not changed obviously. from today's point of view, the actual transaction in the lower reaches is relatively light.

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