International shipping has been hampered by the risk of spillovers from the Israeli-Palestinian conflict, and recent Houthi attacks on merchant ships in the Red Sea have sparked market concerns, leading several shipping companies to suspend their container ships in the Red Sea. At present, there are two traditional routes from Asia to the Nordic ports, namely through the Suez Canal and through the Cape of Good Hope to the Nordic ports, because the Suez Canal is directly connected to the Red Sea, shipping** has been greatly improved.
According to statistics, on Monday, Brent was **sharply**, and Brent **once **nearly 4%, for 5 consecutive trading days**. The export of jet coal and diesel in Asia and the Persian Gulf region to Europe is heavily dependent on the Suez Canal, resulting in the first volume of shipping, which in turn boosts the growth of iron ore and coal.
As of December 20, a total of 5 construction central enterprises announced their new contract value from January to November, with a total new contract value of about 64,1534.6 billion yuan, compared with the same period last year (590138.1 billion yuan) increased by 871%。
According to the data, the central bank's investment increased year-on-year, and the state's role in supporting the property market is still strong. In addition to today's market rumors, the National Housing and Urban-Rural Construction Work Conference will be held tomorrow, the market's expectations for the policy to support the real estate will be raised again, boosting the rebound of the market, the steel spot market will rise slightly, and the steel enterprises have entered the stage of winter storage and replenishment of raw materials, the inventory of steel mills is still below, and the market cost support is still there, which is good for the steel trend.
It is expected that from 08:00 on December 20 to 08:00 on the 23rd, the daily minimum temperature or average temperature in the eastern part of Northwest China, Inner Mongolia, North China, Northeast China, Huanghuai, Jianghuai, eastern Jianghan, most of Jiangnan, northern South China, and eastern Guizhou will be more than 5 lower than the same period in history, of which some areas in central and western Inner Mongolia, North China, Liaoning, eastern Huanghuai, Jianghuai, and northern Jiangnan will be more than 7 lower.
Since entering the winter, many regions have been affected by cold air, most parts of the country have cooled down, outdoor construction progress has been limited, reducing steel consumption, and at the same time in the off-season of traditional steel consumption.
Among the 24 markets for building materials, 2 markets fell 10-20 yuan tons, 1 market rose 10 yuan tons, and the average rebar 20mmHRB400E was 4023 yuan tons, down 2 yuan tons from the previous trading day
Among the 24 markets of hot coil, 11 markets rose 10-20 yuan tons, 4The average of 75 hot-rolled coils was 4058 yuan ton, up 8 yuan tons from the previous trading day
Among the 23 markets for medium and heavy plates, 4 markets rose 10-20 yuan tons, and the average of 14-20mm medium plates was 4084 yuan tons, up 1 yuan ton from the previous trading day.
On the 20th, the main force of black rebar rose 10 to close at 3940, an increase of 025%；The main force of hot coil rose 28 to close at 4058, an increase of 069%；The main force of coking coal rose 205, closed in 19075, up 109%；The main force of coke fell 115, closed at 2500, down 046%；Iron ore rose 135, closed at 939, up 146%。
Affected by the upcoming housing and urban and rural work conference, the optimistic expectations of the real estate policy have increased again, driving the market operation sentiment, the spot market has seen individual ups and downs, plus the iron ore and bifocal cost support is still there, steel companies have entered the stage of winter storage and replenishment of raw materials, the cost side is still strong, the steel mill factory remains high, considering that the downstream terminal demand is still poor, and the height of the steel is suppressed, it is expected that the steel will rise steadily tomorrow, with a range of 10-20 yuan tons.