Data on March 4: The overall price of hot-rolled coils has risen, and the inventory in East China has increased more

Release:2022-03-07   Edit:Admin   From:Rising steel grating

 

(1) Inventory trend analysis of Shanghai market

 

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On March 3, 2022, the inventory of hot-rolled coils in the Shanghai market was investigated and statistics. This week, the inventory of hot-rolled coils in all warehouses of hot-rolled coils was 618,000 tons, an increase of 19,000 tons from last week and an increase of 76,000 tons from the previous month. , an increase of 90,500 tons over the same period last year (Gregorian calendar) and an increase of 123,500 tons over the same period last year (lunar calendar).

 

(2) National inventory trend analysis

 

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On March 3, 2022, the inventory of hot-rolled coils in major cities across the country was investigated and counted. This week, the total inventory of hot-rolled coils in the country was 3.9614 million tons, a decrease of 35,600 tons from last week and an increase of 447,600 tons from the previous month. The same period last year (Gregorian calendar) decreased by 612,900 tons, a decrease of 268,100 tons compared with the same period last year (lunar calendar).

 

(3) Analysis of National Inventory Changes

 

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From the regional inventory data, the region with the largest increase was East China, which increased by 52,700 tons compared with last week; the largest decrease was South China, which decreased by 26,000 tons compared with last week.

 

(4) Analysis of price trends in major markets across the country

 

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This week, the domestic hot-rolled coil market prices rose as a whole by region, and the northwest region was weak. According to statistics, among the 24 major cities in the country, the cities with the largest increases are Shanghai, Hefei, and Guangzhou, which have increased by 300 yuan/ton compared with the same period last week; the city with the smallest increase is Urumqi, which has increased by 40 yuan/ton compared with the same period last week.

 

(5) This week's market review and next week's market forecast

 

Prices have risen as a whole this week. This week, the increase in various regions was different, and the increase in the northwest was less; in terms of sub-regions, the prices in East China and South China fell slightly today, and the price increases in other regions narrowed. Today, the black commodity futures market fluctuated. The 05 contract closed down 0.02%. The spot market had a strong wait-and-see mood in the early trading. In the afternoon, as the futures market weakened, the spot prices in East China and South China were lowered, and the overall transaction was poor today. On the whole, with the convening of the Two Sessions and the Paralympic Games, the output may be slightly narrowed. In terms of demand, the transaction was relatively good at the beginning of the week, and the market speculative demand was high. Today, the market sentiment began to cool down, the transaction at high prices has weakened, and some merchants are willing to cash out. strong. On the whole, it is expected that the price may fluctuate weakly next week.