Today's point of view
Today, the prices of major domestic steel products have risen most, and market confidence is still acceptable. It is reported that due to the impact of the future high opening operation, the steel billet has risen to a high of 3,900 yuan / ton, and the steel market is still in a strong position. In terms of transactions, the price increase has stimulated the middlemen's transactions to a certain extent, but the terminal's substantial demand has not improved significantly. Some merchants still operate mainly on shipments, so they are cautious. The current supply and demand pattern is still weak and tight, and the cost of steel mills is still strong. It is expected that steel prices will remain strong and volatile.
Macro hotspot
1. [Most of domestic commodity futures closed up, crude oil futures closed at the end of the day] crude oil rose 5%, Zheng coal rose more than 4%, asphalt, fuel rose more than 2%, Zheng cotton, rubber, Shanghai nickel rose more than 2%, thread, vegetables粕, Zhengyou, soybean meal, PVC, cotton yarn rose more than 1%, hot coil, iron ore, Shanghai lead, Shanghai tin, plastic, apple, Zheng alcohol, glass, corn, Shanghai copper, Shanghai aluminum, etc. closed up. Ferrosilicon fell 4%, manganese silicon, PTA, coking coal fell more than 1%, eggs, Shanghai zinc, coke, Shanghai silver, sugar, Shanghai gold and so on closed down.
2, [three major indexes steadily strengthened in the afternoon, individual stocks ushered in a long-lost plate, the collective redness]
The Shanghai Composite Index closed at 2779.37 points, up 2.74%, the biggest one-day gain in more than 26 months, with a turnover of 147.3 billion yuan.
The Shenzhen Component Index closed at 8674.03 points, up 2.98%, with a turnover of 169.4 billion yuan.
The GEM closed at 1749.44 points, up 2.68%, with a turnover of 50.1 billion yuan.
3. [The State Council investigation team announced the progress of Jilin Changchun Changsheng Company in the production of rabies vaccines in violation of laws and regulations] According to the investigation team, since April 2014, Changchun Changsheng Company has seriously violated the pharmaceutical production quality management regulations and national drug standards in the process of producing rabies vaccine. The relevant regulations, some of the batches mixed into the expired stock solution, the date and batch number are not truthfully filled, and some batches are marked backwards to the production date. Currently, the recall is in progress. The vaccines involved in the case were sold abroad, and the notification and recall work was initiated. The investigation team stressed that the case of Changchun Changsheng Company suspected of criminal offences and related regulatory duties must be strictly investigated according to law.
4. The Ministry of Housing and Urban-Rural Development held a symposium on real estate work: the property market was not well regulated and resolutely accountable. On August 7, the Ministry of Housing and Urban-Rural Development held a symposium on real estate work in some cities in Shenyang, Liaoning. At the meeting, the Ministry of Housing and Urban-Rural Development participated in the meeting. Further requirements for future real estate regulation and control work in various cities have been put forward. First, all localities should speed up the formulation and implementation of housing development plans, pay close attention to adjusting the housing and land supply structure, vigorously develop the housing rental market, improve and implement differentiated housing credit and taxation policies, support reasonable housing consumption, resolutely curb speculative real estate, and strengthen public opinion guidance. And expected management, continue to carry out special actions in the real estate market chaos, severely crack down on illegal and illegal development of enterprises and intermediaries, and safeguard the legitimate rights and interests of the people. Second, the Ministry of Housing and Urban-Rural Development will establish a real estate market monitoring system to improve the evaluation and assessment mechanism for local real estate regulation and control. It is necessary to strictly supervise and resolutely hold accountable for the lack of work, market volatility, and failure to achieve regulatory goals. (CCTV News)
Market today
Raw material
Billet: The price of the national billet market is getting higher. Today, Tangshan, Shandong steel billet rose 40 yuan / ton, Shanxi steel billet rose 50 yuan / ton, Jiangsu rose 60 yuan / ton. Today, Tangshan billet straight transaction was active, warehousing spot increased from 3960 yuan/ton in tax in early trading to 3970-3980 yuan/ton. After the increase, the transaction slowed down, and the steel futures fluctuated upwards. The overall transaction of downstream finished products was acceptable. Today, Shandong steel billet rose 40 yuan / ton, Q235 billet factory 3950-3960, the transaction can be.
Domestic mines: Some market prices of domestically produced main producing areas increased slightly. The price of the county in North China rose by RMB 5/ton, the price of the traditional price rose by RMB 10/ton, and the price of Hainan Mining in South China rose by RMB 20/ton. Specifically, North China-Tangshan 66% dry-based tax-included cash factory 670-680 yuan / ton, Qianxi 66% dry-based tax-included cash out of 660-670 yuan / ton, Qian'an 66% dry basis tax-included cash factory 680-690 yuan / ton; Zunhua 66% dry basis tax-included cash factory 665-675 yuan / ton.
Imported mines: Early high-grade powder ore traders of imported minerals traders were generally stable, partially raised by RMB 5/ton, Shandong Port PB powder was quoted at RMB 500-505/ton, and Tangshan Port PB powder was quoted at RMB 510-515. /Ton. The steel mills were more active in enquiry, and the overall purchasing mentality was acceptable. However, individual steel mills in the northern region were still lower, and there was still objection to this round of price increases, or the procurement plan was postponed. Overall, today's transaction is still acceptable, the transaction price is basically stable compared with yesterday, and some ports have a slight increase.
Steel spot
Construction steel: Today's domestic construction steel prices continue to rise. In terms of specific prices, the average price of 25 major cities nationwide was 4,390 yuan / ton, up 35 yuan / ton from the previous trading day. Except for the stability of Urumqi, the rest of the region rose across the board, including Shanghai, Hefei, Fuzhou, Guangzhou and The increase in Changsha area exceeded 50 yuan / ton. Specifically, today's market prices continue to rise, but from the market feedback, after the rise, the market transactions are general, the volume of the whole day is slightly smaller than the previous month. At present, the limited production impact of this week, the output of individual steel mills in Jiangxi and Anhui may decline, the market supply may decline slightly, and the overall price support is stronger, and the business mentality is more positive. On the whole, it is expected that domestic construction steel prices may be consolidating tomorrow.
Hot-rolled coils: Today's hot rolling prices in 24 major cities nationwide rose slightly. The average price of 3.0 hot-rolled coils was 4382 yuan/ton, up 10 yuan/ton from the previous trading day, and the average national price of 4.75 hot-rolled coils was 4325. Yuan/ton, up 10 yuan/ton from the previous trading day. Today's futures market fluctuated upwards, business confidence has been boosted, and market prices have risen slightly. At present, the market inventory resources are relatively small, coupled with the high ordering cost of steel mills, driven by the rise in futures, the market is willing to pull up. However, market demand has not been released significantly, downstream procurement is more cautious, and high-priced resources are poorly traded. In addition, the price of Tangshan billet market today rose by RMB 50/ton, and the current price of carbon billet was RMB 3,900/ton. On the whole, the price of the hot-rolled market is expected to fluctuate strongly tomorrow.
Medium and heavy plate: Today, the domestic plate market price continues to rise. The average price of 20mm medium and heavy plate in 23 major cities nationwide is 4438 yuan/ton, up 18 yuan/ton from the previous trading day. In most areas of the spot market, the upside quotations of futures continued to rise, and due to the current pressure on the supply side, the price was kept high, and the spot cost support price continued to strengthen. From the demand side, although the recent price increase has caused some high-level transactions in the region to be blocked, there are still many merchants indicating that the bottom resource transaction has improved significantly compared with before. It is expected that the domestic plate market price will remain at a high level tomorrow.
Cold-rolled coils: Today's national cold-rolled prices are mainly up. Price: 1.0 national cold rolling average price of 4,787 yuan / ton, an increase of 14 yuan / ton compared with the previous working day. The main market price: Shanghai market 1.0mm WISCO coil plate offer 4770 yuan / ton, Guangzhou market 1.0mm Angang coil offer 4840 yuan / ton, Tianjin market 1.0mm Angang coil offer 4640 yuan / ton. Market: Today's black commodity futures continue to rise, the market price sentiment is strong, spot prices have been raised everywhere, the transaction has improved compared with the previous period, but due to the current high temperature off season, the market acceptance of high-priced transactions is still limited. Overall, the market price of cold-rolled spot market is expected to continue to fluctuate and run strongly tomorrow.
Steel: Today, the domestic steel market price continues to rise. The average price of Gongjiao and H-beams is about 10-20 yuan/ton. The electronic disk leads the market and the spot cost continues to strengthen. Specifically, the Tangshan steel plate rose 10-30 yuan / ton in the morning, and the steel billet rose 40 yuan / ton in the afternoon, which played a certain boost to the market. The overall turnover of the steel was active, the market confidence continued to increase, and the traders actively replenished the warehouse. Although the turnover of steel mills has slowed down in the afternoon, the willingness of steel mills to stand the price is still strong. The price of East China profiles rose slightly by RMB 20-30/ton. Under the influence of the double rise of futures and bills, the enthusiasm of the spot market continued to increase. In addition, the steel products raised the guidance price and increased the spot cost. There is still more in the afternoon market. Complementary phenomenon. South China profile business quotations continue to rise slightly by 10-20 yuan / ton, but H-beams due to Xinda, Wu Hang and other low-cost resources, the price is difficult to rise. As prices continue to rise, downstream demand is not keeping up. On the whole, at this stage, the finished products still follow the futures and billet operations, but after the rise, the transactions are still tepid, so the price may be dominated by consolidation in the short term.
Steel pipe: Domestic welded pipe prices rose slightly on the 7th. In terms of varieties, the average price of welded pipe 4 inch 3.75mm is 4536 yuan/ton, up 14 yuan/ton from the previous trading day; the average price of galvanized pipe 4 inch 3.75mm is 5253 yuan/ton, which is higher than the previous trading day. 16 yuan / ton; seamless pipe 108 * 405mm national average price 5321 yuan / ton, compared with the previous trading day price rose 5 yuan / ton. Today, the mainstream urban welded pipe and galvanized pipe continue to rise, the price of seamless pipe is stable, and individual cities are slightly raised. In terms of welded pipes and galvanized pipes, the price of Ruifeng strip steel rose slightly by RMB 30/ton today, and the major domestic manufacturers of pipes have risen slightly. It is understood that although the price of raw materials has continued to rise in the near future, traders have followed suit, but the market is still underpowered and the transactions are not warm. The inventory aspect is still maintained at a normal low level, and the initiative to replenish the library is not high, and the library is replenished as needed, and the operation is cautious. It is expected that the price of domestic welded pipe and galvanized pipe will continue to fluctuate slightly in a short period of time. In terms of seamless pipes, today's Shandong tube billet rose by RMB 30/ton, Jiangsu tube billet was stable, and the tube factory was temporarily unchanged. The market was in a dilemma. According to the author's understanding, the recent orders for Linyi Pipe Factory have increased. However, some specifications are out of stock, so it seems that the overall seamless market has improved. It is expected that the price of domestic seamless pipes will stabilize in the short term.
Futures: Today, the domestic black commodity futures rose slightly, the market transactions continued to be active in volume, and the main contracts of various raw materials were moved to 01, and the funds flowed in a large amount. Specifically, the domestic commodity futures market continued to rise sharply, among which the crude oil in chemical energy The daily limit, the Wenhua Commodity Index hit a new high in 2 years, the thread and coke index went out of a three-year high, and all major commodities rose. At present, there is no major change in the fundamentals of the black system, but the market will continue to rise and the risks will gradually accumulate. Operation above carefully to pay attention to the risk.
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