Medium thickness plate price consolidation weakening

By the end of the 14th national 23 main market average prices weak down the plate. 8 mm thick plate prices compared with the previous trading day down an average of 10 yuan/ton, including tianjin fell 10 yuan/ton. 20 mm thick plate prices compared with the previous trading day down an average of 10 yuan/ton, including Shanghai fell 30 yuan/ton. 20 mm average prices compared with the previous trading day down low alloy plate 9 yuan/ton, including guangzhou fell 10 yuan/ton.

Plate clinch a deal the deviation in the Shanghai market yesterday, the market prices fell slightly. Due to previous session volume obvious deviation, traders mentality affected by large, price will increase apparently. Anshan dominant resources and handan in the overall delivery of the background price will fall unprecedentedly. Inventories are mainly composed of anshan iron and steel and handan, including plus in road resources, the two steel mills near 35000 tons of resources, the follow-up after total increase is expected to cause apparent to crack down on the price of the part specifications. Thick plate, recent market still fewer resources, which is continuous less of the arrival of the goods in the near future in Wen Feng resources, under the influence of thick plate short-term price remains strong.

Chengdu plate prices weak consolidation in the market, the local market demand steady weakening in the plate, and social inventory at a high level, not very ideal business shipments. Jisco, han smelting factory supply steadily, but local merchants still pessimistic mentality, for short-term market confidence.

Downstream of the recent market overall purchasing situation significantly weaker, from the perspective of the operation mode of market traders in the near future, mostly in the recent market is still slightly bearish case is given priority to with fast shipment drained. Market is expected to short-term domestic medium plate prices weak downward.

News: national energy bureau released April electricity consumption in the whole society. In April, according to data, the whole society of electricity 441.5 billion KWH, up 1.3% from a year earlier. 1-4 months, the whole society consumption accumulated 1.7316 trillion KWH, up 0.9% from a year earlier.