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Metropolis Reality Forums « First, Wuxi stainless steel stocks continue to ris »

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   Author  Topic: First, Wuxi stainless steel stocks continue to ris  (Read 169 times)
qizhen0926
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First, Wuxi stainless steel stocks continue to ris
« on: Jul 31st, 2018, 1:30am »		 Quote Quote Modify Modify Remove Remove

At the beginning of July, Foshan and Wuxi's stainless steel stocks were accumulated. As of July 10, unintentional stainless steel stocks had risen to 217,200 tons, and Foshan stainless steel stocks rose to 131,200 tons, up 8% and 7% respectively. The rise in stainless steel stocks has put pressure on nickel prices to a certain extent.
 
Second, Huatong colored spot price trend analysis
 
According to the spot price of Huatong colored spot, today's non-ferrous spot has risen and fallen, and nickel and aluminum are among the top gainers. Among them, 1# nickel rose 925 points, aluminum ingots rose 30 points, and 1# lead rose 175 points; copper-zinc flat plate, tin The price fell slightly by 250 points. In terms of spot market transactions, the overall transaction was weak, and the market quotation was still continually adjusted. Near the weekend, the downstream market entered the market with a slight purchase.
 
Third, the news surface
 
In the first half of the year, the industries with more profit added were mainly: oil and natural gas mining, profits increased by 3.1 times; ferrous metal smelting and rolling processing industry increased by 1.1 times; non-metallic mineral products industry, increased by 44.1%; chemical raw materials and chemicals Product manufacturing, an increase of 29.4%; electricity, heat production and supply, an increase of 27.4%. The contribution of these five industries to the profit growth of all industrial enterprises above designated size is 67%.
 
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