304 stainless steel price want to rise, but is not rising, why？

Yesterday nickel price closed up sharply, steel factory guidance price also rose, today's stainless steel market, prices will hit bottom rebound? Up 100? Or 200?

Yesterday afternoon, the market has a number of businesses immediately adjusted the operation, transaction has improved. But today morning inquiry learned that Wuxi market growth is very limited, it is reported that the majority of businesses are mainly smooth delivery. Many producing areas are due to lower prices, so a small rebound today 50-100 Yuan/ton.

It is reported that the Wuxi market, today the mainstream edge cutting base price is still 15400-15700 yuan / ton, Yongjin, Hongwang, Chengde and other private production areas have increased. The mainstream base price is 14800-14900 Yuan/ton. The base price of hot rolling East and Castle Peak mainstream wool edge is 13650-13700 Yuan/ton.

Foshan market, but also more is a price increase, but the deal is still stable, some businesses are even lower profit!!! The heart of shipping can be seen.

keyword：stainless steel price, stainless steel market, 304 Stainless steel tube, 304 Stainless steel sheet, 304stainless steel coil.