图片名称

23

2018

-

10

Power coal continued to fall lower


  Coal in the coal plate continued to decline after the end of the stability. There is a price difference of about 200 yuan/ton between the price of rebar in the steel plate and the traditional spot market price. Petrochemical sector, variety and traditional spot price price gap changes frequently, conducive to different market arbitrage.

 
 
Arbitrage opportunities for chemical products are frequent, promoting the increase of delivery pairing
 
 
The PTA price continued to rebound with the increase of crude oil, and the PTA stock of polyester enterprises was at a low level. The favorable profit level made it possible for PTA to rebound. However, before and after the Spring Festival, the operating rate of the loom will decline significantly, the industry overcapacity, the development prospects are not optimistic. This week, the PTA price is higher than the traditional east China spot market price. The delivery and pairing situation of boshang is good, and the declaration is mainly based on the seller's declaration and delivery. It is predicted that PTA will be constrained by high production capacity in the medium and long term, and it is still in a weak position. At the end of the month, the latest crude oil price is 5400 yuan/ton, PTA price is 8534 yuan/ton, polyester chip price is 10016 yuan/ton, polyethylene (maoming) is 9578 yuan/ton, polypropylene (maoming) is 10319 yuan/ton.
 
 
Temporary shock of rebar maintenance
 
 
Rebar prices rebounded last month, continuing to shake in weakness. The rigid demand tends to be weak towards the end of the year. In the downstream market, the construction industry will continue to decline this year due to the slowdown of capital construction investment, such as the construction of housing and railway. Social inventories of rebar continued to fall to 477.36 tonnes at the end of the month, down 5.14 per cent from the previous month, as mills maintained production cuts due to weak demand. At present, there is a price gap of 100-200 yuan/ton between the disk price and the market of traditional spot goods in chengdu and chongqing, which can be used by traders to arbitrage between different markets. At the end of the month, rebar (west) reported 4585 yuan/ton, rebar (chongqing) reported 4,678 yuan/ton, hot rolled coil last quoted 4124 yuan/ton, hot rolled coil (central plains) reported 4120 yuan/ton. Electrolytic nickel reported 132.45 yuan/kg.
 
 
Power coal prices are expected to stop falling and stabilize
 
 
Stocks at thermal coal ports are still high this month and heading into the holiday season, as seaborne prices for coal have rebounded. The number of ships arriving at the port for loading has remained low, indicating that there has been no significant improvement in demand. However, the drop in high inventories at the end of the month seems to indicate that the price of thermal coal may stop falling and stabilize. Coke prices rebounded slightly at the end of the month, mainly due to steel enterprises have replenished coke inventory of rigid demand. The demand is stable, and the coke inventory is in a low position, so the supply and demand are basically balanced. The latest price of power coal at the end of the month is 846 yuan/ton, while the price of coke is quoted as 1890 yuan/ton.
 
 
Sugar will remain shockingly low
 
 
Sugar prices continued to fall early this month, the mid-month rebound after the state of low volatility. Domestic pressure on sugar supplies increased in December, as domestic presses accelerated, while demand did not materially improve. International raw sugar prices lower, imported sugar discount, further depressed domestic sugar prices. In the short term, sugar prices continue to maintain weak shock pattern. The latest price of white granulated sugar at the end of the month is 6.77 yuan/kg, while the price of white sugar is 6.88 yuan/kg. Cotton (xinjiang) latest offer 20255 yuan/ton, cotton (east China) price 20640 yuan/ton.
 

Sales Department:0086-516-87773034

Address: no. 19, east sanhuan road, xuzhou economic development zone, xuzhou city, jiangsu province,

Email:ghgsbgs@163.comSales Department:0086-516-87773285 0086-516-87773034

Ring welded pipe, ring hot-dip galvanized pipe, welding steel pipe - xuzhou ring steel pipe (group) co., LTD. Page all rights reserved 苏ICP备19056297号-1 Powered By:300.cn

图片名称
图片名称