Local Chinese steel pipe prices have followed a stable trend during the Chinese New Year holiday period and after.
Chinese domestic seamless pipe prices have continued their stable trend over the past two weeks. Overall trading activity is still at a very low level since downstream demand has not recovered yet. As for the week ahead, it is believed that seamless pipe prices may just fluctuate slightly.
Local Chinese welded pipe prices have also continued to move sideways during the past two week. Overall trading activity remains weak. Supply and demand have generally not yet recovered after the holiday. As for the week ahead, it is believed that welded pipe prices may indicate minor fluctuations as demand starts to recover.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,230 |
611 |
0 |
| Guangzhou | 4,310 |
623 |
0 |
||
| Beijing | 4,170 |
602 |
0 |
||
| Average price | 4,237 |
612 |
0 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,200 |
607 |
0 |
| Guangzhou | 4,210 |
608 |
0 |
||
| Beijing | 4,070 |
588 |
0 |
||
| Average price | 4,160 |
601 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,680 |
532 |
0 |
| Guangzhou | 3,580 |
517 |
0 |
||
| Beijing | 3,540 |
511 |
0 |
||
| Average price | 3,600 |
520 |
0 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,550 |
513 |
0 |
| Guangzhou | 3,580 |
517 |
0 |
||
| Beijing | 3,470 |
501 |
0 |
||
| Average price | 3,533 |
510 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 6.923
