Many times, the futures market just like the entertainment, like a product with a star like, always want to engage in any topic speculation to attract attention, otherwise I really do not know how to stand out from the voters, took the pinnacle.

 

     But in August this year to now, whether it is environmental protection production, or steel mills and other news speculation, the market seems to be rejected ... ... .. General steel prices remained at 3800-4200 yuan / ton between the consolidation, especially 10 Month, steel prices seem to have entered the ups and downs of the adjustment period.

 

     In the face of the situation is still half dead, November start, Shagang released a new price policy, ex-factory price to maintain flat, for the last paragraph make up 50 yuan / ton, thread ex-factory price is still maintained at 4100 yuan / ton. On the current point of view, steel prices are still very strong, ex-factory price is still higher than the current market price, the latter part of the passive price increases have the power.

 

     But the market did not think that yesterday, even before midday, snail or upward momentum, but in the afternoon, began the "diving" campaign. The mid-term closing price fell below 3600, to close at 3563, or 34, hot volume late diving fell more than 2% to close at 3785! Fund, the black chain index loss of 1.09 billion yuan, the market atmosphere once again cautious.

 

     From the daily level, the short term will continue in the 60-day line below the main shock, the average line began to glue, shock interval began to narrow, but the daily level MACD is still below the 0 axis, we believe that short-term snail will continue to shock The But the current line has emerged convergence trend of the triangle, the market is expected in the end of November or December for the beginning of next year to start laying the foundation.

 

     Affected by this, had to follow the rise of Tangshan carbon carbon billet offer fell 20 to 3670 yuan / ton.

 

     News, after a wave of limited production, the Steel Association data show that in mid-October the focus of iron and steel enterprises steel stocks for 12,801,500 tons, the chain by 62.27 million tons, down 4.64% in mid-October the focus of steel Steel daily production of 1.8183 million tons, the ring to reduce the 17,600 tons. Steel daily crude steel production and steel prices both decline, the latter part of the supply pressure is still small.

 

     Overall, by the intraday futures fell and the recent quarrel impact, downstream and end-user purchase is not strong, poor market transactions. Now the market is more concerned about the limited production of boots when landing, the specific implementation of what efforts. In the heating season before the real arrival of the real market direction is still uncertain. So tomorrow the market or keep the adjustment range of 10-50 run.

 

     Specific to today's market performance, East China, North China, South China and other market prices have rebounded, but the range is limited, the other areas are still weak and weak, and the market transactions in general. Sub-species to see:

 

     Jiangsu and Shanghai building materials were mixed, Shanghai, Jinan fell 20-30, Hangzhou, Nanjing rose 10-20, Changsha, Tianjin rose slightly, other building materials offer temporarily stable. According to the data show that the country's 24 major markets rebar 20mm HRB400E average price of 4034 yuan / ton, compared with the previous trading day down 5 yuan / ton.

 

     Hot rolled basically stopped local rebound, Hangzhou, Nanchang, Guangzhou, Wuhan, Zhengzhou, Chongqing rose 10-40 range, now Guangzhou Liu Gang 4.75 hot rolling 4120, Shanghai Steel 4.75 hot rolling 4010, Beijing Bao Steel 4.75 hot 4010 The According to the data show that the country's 24 major markets 4.75 hot rolled coil average price of 4146 yuan / ton, compared with the previous trading day up 4 yuan / ton.

 

     In the board there are still declines, and concentrated in the northwest of Xi'an, Lanzhou two. Guangzhou is the steel plate in the general high-profile 4270, Shanghai Ping Steel 20 in the plate 4050, Beijing dedicated 20 in the plate 4070. According to the data show that the country's 23 major markets 14-20mm general plate average price of 4135 yuan / ton, compared with the previous trading day down 2 yuan / ton.