Jiangsu Changbo Stainless Steel Co., Ltd.
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Domestic construction steel market prices or will be stable and weak operation

2023-08-21
The CSRC said it will further introduce measures to stabilize expectations and confidence and stimulate the vitality of the bond market. Adhere to the bottom li...
Spot market dynamics: On the 18th, the average price of 20mm three-level seismic rebar in 31 major cities in the country was 3777 yuan/ton, up 11 yuan/ton from the previous trading day; As of the close, rebar 2310 to 3700 yuan/ton, down 0.11%; Hot roll 2310 to 3905 yuan/ton, up 0.13%; Iron ore 2401 771.5 yuan/ton, up 2.94%. Specifically, the morning market mentality is general, agents generally hold a stable order based, afternoon market mentality differentiation, the market is mixed, the whole day trading slightly weakened from the last trading day. Over the weekend, the domestic construction steel market is mainly stable and weak, and comprehensive market prices or stable and weak operation in the morning today.

Futures situation: In the evening session, the futures 2310 contract closed at 3648, down 1.88%; The position was 1.578 million lots, and the position was increased by 30,000 lots.

Outside: In the last trading day, WTI New York crude oil closed at $80.73, up 1.47%; The dollar index closed down 0.02% at 103.4. The Dow Jones Industrial Average was 34500.66, down 0.07%.

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