Chinese domestic HDG market moves sideways

Thursday, 01 September 2016 10:34:46 (GMT+3)   |   Shanghai
       

During the week ending September 1, the average prices of Chinese domestic hot dip galvanized (HDG) have moved on a stable trend, while overall transaction activity in the market has been at medium levels. Average HDG prices in the local Chinese market are presented in the following table.
 
During the given week, ferrous metal futures prices in China have indicated some downward corrections, exerting a negative impact on HDG prices in the domestic spot market. Market participants have sought to keep their prices stable while also focusing on sales, resulting in decent transaction activity in the market. Meanwhile, mills’ HDG ex-works prices for September delivery have increased, which will provide support for HDG prices from the cost side. It is thought that HDG prices in the Chinese domestic market will likely continue their stable trend in the coming week.       
 

Ürün Adı

Özellik

Kategori

Şehir

Üretici/Menşe

Fiyat (RMB/mt)

Fiyat ($/mt)

Haftalık Değişim (RMB/mt)

Kalın galvanizli sac

1.0 mm x 1,250 mm x C

SGCC

Şanghay

Angang

3.920

587

0

Guangzhou

Angang

4.150

621

0

Boxing

Angang

3.750

561

0

Ortalama

-

3.940

590

0

İnce galvanizli sac

0.5 mm x 1,000 mm x C

SGCC

Şanghay

Quantong

3.750

561

0

Guangzhou

Ma steel

4.030

603

0

Boxing

Hengtong

3.680

551

0

Ortalama

-

3.820

572

0

 
17 percent VAT is included in all prices and all prices are ex-warehouse.
 
$1 = 6.68 RMB


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