Published: May 21, 2024 17:36
[SMM daily thread assessment: strong macro expectations and weak reality, strong market wait-and-see sentiment] The futures market for threaded steel bars fluctuated at a high level and closed at 3746 points, up 0.46% from the previous trading day. In the spot market today, the quotes in the morning session remained stable, and merchants held a strong wait-and-see sentiment. In the afternoon, some markets saw a slight decrease in transactions, and overall transactions were average.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
[SMM daily thread assessment: strong macro expectations and weak reali - Shanghai Metals Market (SMM)