Rebar:
The surface of the screw thread was weak and oscillatory yesterday.FufortunesmegawaysThe closing price of the thread 2410 contract was 3621 yuan / ton, down 9 yuan / ton or 0% from the closing price of the previous trading dayFufortunesmegaways. 25Fufortunesmegaways.2, the position increased by 19400 hands. Spot prices fell, transactions fell, Tangshan Qiananpu billet price fell 20 yuan / ton to 3430 yuan / ton, Hangzhou market Zhongtian thread price fell 10 yuan / ton to 3570 yuan / ton, national building materials trading volume 108300 tons. Data from Ganggu Network show that this week, national production of building materials increased by 108900 tons to 4.2409 million tons, social storage decreased by 295200 tons to 8.6079 million tons, factory storage decreased by 165500 tons to 4.0664 million tons, and building materials meter needs to increase by 144,500 tons to 4,70.16 million tons. The output of building materials continues to increase, the decline in inventory expands, the table needs to pick up, and the data performance is slightly better than expected. According to me,FufortunesmegawaysAccording to iron and steel statistics, the average cost of hot metal excluding tax in Tangshan mainstream sample steel mill this week is 2620 yuan / ton, the average cost of billet including tax is 3467 yuan / ton, and the weekly ratio is increased by 23 yuan / ton. compared with the factory price of 3430 yuan / ton on May 15, the steel mill lost an average of 37 yuan per ton, from profit to loss. At present, thread demand is still weak, but cost support has been strengthened, and there are loose expectations at the policy level. It is expected that the short-term thread disk will run in a narrow range.
Iron ore:
Yesterday, the price of i2409, the main contract of iron ore futures, fell to 858 yuan / ton, down 7.50 yuan / ton, or 0.87%, from the closing price of the previous day. 350000 lots were traded and 5000 positions were reduced. Port spot prices have fallen, Rizhao Port PB powder prices fell 5 yuan / ton to 860 yuan / ton, super powder prices fell 5 yuan / ton to 705 yuan / ton. Global shipments and 45 port arrivals have all declined. On the demand side, steel mills continue to resume production, and the output of molten iron increases to 2.345 million tons, but the space for subsequent resumption is uncertain, which depends on the demand of steel end. The daily consumption of imported mines and the volume of dredging ports increased compared with the previous month. Long-short intertwined, short-term iron ore prices are expected to maintain a high volatility trend.
Coking coal:
Yesterday, the coking coal disk fluctuated in a narrow range, and the closing price of the 2409 contract for coking coal was 1664 yuan / ton, which was the same as the previous trading day, and the position decreased by 8628 hands. Spot aspect, Luliang market coking coal weak and stable operation, low-sulfur main coking coal A ≤ 11 ≤ S ≤ 0.7 V23 Geng ≥ 90 transaction price of 2060 yuan / ton. Mongolia's imported coking coal market is weak, and now it is willing to have 1340 of Mengli raw coal and 1660 of Mengli clean coal at Maodu port. On the supply side, the supply of coking coal in the producing area is still tight, and the short-term increment is not obvious. The overall output of coking coal is relatively stable, but the supply of coking coal in some areas is tight. Downstream procurement is mainly cautious, some coal mine pit mouth signing has also slowed down, some coal mine inventory pressure appears, quotation appears loose. On the demand side, the fifth round of coke rally is expected to fail, and the market mentality is weaker. Most coke steel enterprises mainly replenish the stock on demand, and they are not willing to purchase high-priced coal. It is expected that the short-term domestic coking coal disk shock finishing operation.
Coke:
The coke disk was weak yesterday. The closing price of the coke 2409 contract was 2185.5 yuan / ton, down 4.50 yuan / ton, or 0.21%, from the closing price of the previous trading day, and the position was reduced by 55 hands. Spot aspect, the port coke spot market is weak, the spot price of quasi-primary coke in Rizhao Port fell 20 yuan / ton to 1930 yuan / ton. On the supply side, the previous four rounds of coke prices have given coke enterprises a certain profit support, coke enterprises have high production enthusiasm, smooth shipments, and low inventory in the factory. In terms of demand, the price of finished products has continued to decline recently, the performance of terminal demand is general, the profitability of steel mills is not good, and there are expectations of price reduction at the raw material end, and coke is purchased more cautiously. It is expected that the coke disk shock finishing operation in the short term.
Manganese silicon:
On Wednesday, the main manganese silicon contract fell 7.1% to 8216 yuan / ton, the spot market price of 6517 silicon and manganese in Inner Mongolia was 8100 yuan / ton, and the spot price of 6517 silicon and manganese in Ningxia was 8150 yuan / ton. spot prices in Inner Mongolia, Ningxia and other places fell by 100,200 yuan / ton, and manganese ore quotations rose at the end of a row, slightly lower than the previous month. Manganese silicon futures prices fell sharply for two consecutive days, and there were many market disturbance factors. positions in main contracts fell by nearly 250000 hands in two days, and the progress of warehouse receipt registration was relatively fast. as of yesterday, manganese silicon warehouse receipts plus effective forecasts totaled 90603, and warehouse orders continued to hit an all-time high. Disturbed by some news, the market sentiment has changed, the fundamentals have not fluctuated greatly, and there is still a certain gap in the import of manganese ore in the medium term. Overall, it is expected that short-term manganese silicon prices still fluctuate in a wide range, and investors are advised to pay attention to risk control and screening news.
Ferrosilicon:
On Wednesday, the main ferrosilicon contract rose 0.53% to 7190 yuan / ton. The total price of No. 72 ferrosilicon spot remittance in Inner Mongolia and Ningxia was 6850 yuan / ton, and the spot price was the same as the previous trading day. Ningxia region issued the implementation Plan for continuous improvement of Air quality in Ningxia Hui Autonomous region, which may disturb the supply side to a certain extent. Judging from the recent data, with the continuous rise in ferrosilicon production profits and the month-on-month increase in the operating rate of ferrosilicon production enterprises, the average daily output of ferrosilicon in the latest week has exceeded the level of the same period last year, with a weekly output of 98000 tons. The immediate production profit in Inner Mongolia has been nearly 700yuan / ton, and the supply has gradually increased. On the demand side, steel market sentiment is more cautious, mainstream steel prices announced, pay attention to follow-up pricing, ferrosilicon demand improved month-on-month for four consecutive weeks, but is still at a low level in the same period in history. Inventory pressure gradually eased, and inventories of 60 sample enterprises have declined month-on-month since mid-February. Generally speaking, the support of ferrosilicon is relatively limited, and the short-term shock operation is expected to be dominant. Be on guard against the impact of recent price fluctuations in manganese silicon.