Welcome: HongYue Stainless Steel
Language: Chinese ∷  English

Company News

Stainless steel tube market analysis - Stainless steel pipe industry

Stainless steel tube market analysis - Stainless steel pipe industry

2018-11-26

First, the raw material market

1. LME Nickel Early Comment: Last Friday, the lowest price of LME Nickel fell to 10,735 US dollars, and then rebounded slightly. It eventually fell 0.78%. The slowdown in economic growth made it difficult to increase demand. The overall nickel is still weak.

2. Macro information: According to sources, Saudi Arabian Energy Minister Khalid Al-Falih said that the country’s daily oil production exceeded 10.7 million barrels, higher than in recent years, releasing the country’s output so far. The strongest signal at a record level.

Second, billet analysis

1,201 hot-rolled narrow belt: today's Foshan market 201 (J1) hot-rolled narrow-band price is flat compared with last Friday, Qingshan 201 (J1) hot-rolled narrow-band report 8100 yuan / ton; Desheng 201 (J1) hot-rolled narrow-band report 8050 yuan /Ton. At present, Qingshan agent: December futures J1-8100, J3-7900, J4-8600. Market spot does not include tax J3: 7130-7180, J1: 7330-7380; Chengde market includes tax J3: 7850-7900; J1: 8000-8050. 201 (J3) hot-rolled narrow-band is flat compared with last Friday. Among them, the price of CICC does not include tax 6700-6750, Jinhai and Xinfeng do not include tax 6650-6700, and other places do not include tax 6650.

2, 304 hot-rolled narrow belt: Today, 304 hot-rolled narrow belt fell 200 yuan / ton from last Friday, today Qingshan offer 13700 yuan / ton, Jinhai quoted 13400 yuan / ton; currently, Qingshan Steel Works: 304 narrow band January 2019 Futures 13500 yuan / ton, compared with the last December futures price cut 300 yuan / ton. The narrow spot of the Qingshan market in November does not include tax 12350-12400, and December futures do not include tax 12300 or so. The stock of friendship materials does not include tax of 12,200 or so, and the futures are around 13,500.


Second, billet analysis

1,201 hot-rolled narrow belt: today's Foshan market 201 (J1) hot-rolled narrow-band price is flat compared with last Friday, Qingshan 201 (J1) hot-rolled narrow-band report 8100 yuan / ton; Desheng 201 (J1) hot-rolled narrow-band report 8050 yuan /Ton. At present, Qingshan agent: December futures J1-8100, J3-7900, J4-8600. Market spot does not include tax J3: 7130-7180, J1: 7330-7380; Chengde market includes tax J3: 7850-7900; J1: 8000-8050. 201 (J3) hot-rolled narrow-band is flat compared with last Friday. Among them, the price of CICC does not include tax 6700-6750, Jinhai and Xinfeng do not include tax 6650-6700, and other places do not include tax 6650.

Third, Stainless steel decorative tube market


1, Today Foshan decorative tube 201 ((refined material J3, 0.4MM) mainstream tax-free quoted 9000-9900 yuan / ton; 201 (intermediate frequency furnace, 0.4MM) mainstream tax-free price is 8550 yuan / ton, the price range is Room 8600-8800 yuan / ton.

2, 304-A (0.4MM) mainstream tax-free quoted 15400 yuan / ton; 304-B (0.4MM) mainstream tax-free quoted 14700 yuan / ton; 304 intermediate frequency series (0.4MM) mainstream does not include tax offer 14350 yuan / ton.