The price of construction steel in Sichuan and Chongqing has risen steadily, and merchants are cauti

Mondo Finance Updated on 2024-01-19

[Market Summary].

The Sichuan market has a strong market trend in today's market, and the steel mills in Sichuan have raised the ex-factory price by 10 yuan, and the market has also risen slightly. As a result, the trading atmosphere has improved, and the transaction performance throughout the day is relatively average, and the downstream purchasing units are mostly based on on-demand procurement.

The Chongqing market is on the rise in today's futures, and the steel mills are pushing up the factory positively, generally raising the price by 20 yuan tons, and the mainstream of the market is also rising slightly. Under the influence of the mentality of "buying up, not buying down", the market transaction has improved slightly, and some merchants are actively locking up goods.

Today**] From the perspective of construction steel in major cities in Sichuan and Chongqing, today's market is generally stable, but there are some local ones. Chengdu, Chongqing and Yibin markets were slightly 10 yuan tons, while the rest of the markets remained stable.

Regional Spreads].

From the perspective of regional price differences, the price difference between Chengdu and Mianyang increased slightly by 10 yuan tons today, while the price difference between Chongqing and Wanzhou narrowed by 10 yuan tons, and the price difference in other regions did not fluctuate for the time being.

Next week**] Today's black market is strong, so that Sichuan and Chongqing steel mills have a strong willingness to rise, but the market sentiment is more cautious, and the business is not enough to keep up with the momentum. However, due to the high cost, there is still some support for **. The performance of the demand side is relatively average, mainly based on rigid demand transactions. On the whole, it is expected that next week, Sichuan and Chongqing construction steel may show a weak consolidation trend.

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