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Market of Chinese stainless steel continued on September 18 fall after a rise

From;  Author:Stand originally
Whole ran market of Chinese stainless steel on September 18 lower fan, the market clinchs a deal to did not improve apparently, trafficker state of mind not beautiful, mainstream product quoted price is certain in small fall after a rise.

Open quotation signed up for period nickel of LME of London metal bourse on September 18 17, 600 dollars / ton, closing quotation signs up for 17, 125 dollars / ton, inventory reduces 54 tons, total reserve is 51, 486 tons. Shanghai field electroanalysises 1 number nickel the price dropped on September 18, in 142, 000 to 145, 000 yuan / ton, all valence 143, 500 yuan / ton, drop 3, 000 yuan / ton; Nickel of a golden plain signs up for 144, 000 to 145, 000 yuan / ton, all valence 144, 500 yuan / ton, drop 3, 000 yuan / ton. Nickel price continues low, drop bigger, although LME inventory decreases somewhat, but the amount is very small. Demand of market of Chinese useless stainless steel is low fan, whole clinchs a deal the volume is average. Nickel price glides continuously, the trafficker that attempts to support quoted price bore very great pressure, quote also gives now to slip, but market demand is pulled not effectively move. In nickel price low confuse the circumstances that move to fall, quote of useless stainless steel is short-term inside the possibility that the price continues to fluctuate is very large, range won't be too big nevertheless. Dai Na market abandons stainless steel 304 (the quoted price that NI<7.6) does not contain tax is 16, 600 yuan / ton, relatively dropped on September 17 200 yuan / ton; 304 (the quoted price that NI=7.6-7.8) does not contain tax is 17, 800 yuan / ton, relatively dropped on September 17 200 yuan / ton.

Clinch a deal to do not have improvement all the time, the market is diffusing pessimistic atmosphere, market of Chinese stainless steel appears busy season not the situation of flourishing. "Jin Jiuyin 10 " the autumn 2008 not as scheduled and to. Market of Chinese stainless steel continued on September 18 low fan move, market quoted price is certain in little scope fall after a rise. 200 departments respect, nearly a few trade day moves to still calculate smooth, but at present the price still is in perch, partial trafficker is dark fall partial norms price takes money. 300 departments respect, without stannic market 300 departments continue low, the price glides. Nearly a few trade fall after a rise of day of quoted price of the market that do not have stannum relatively Fosan is apparent, should be the reason with Fosan market less stock, 300 departments natural resources is not quite sufficient, prop up certainly to arriving since the price of the market. But because clinch a deal from beginning to end not beautiful, quote of Fosan part norms also begins fall after a rise. Performance of earlier stage of 400 departments side is strong, but nearly a few trade day begins dark fall, september 18 is whole presents next slippery state more, quote of 430 cold rolling is more confused, drop the trend is clearer also.
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