201 and 304 Stainless steel market analysis-2019-08-24

201 Stainless steel
Today, Beihai Chengde Steel Plant the whole line is reluctant to sell out in the morning. Market bearish sentiment is on the verge. Not long after, Beihai Chengde Steel Plant offered prices again. It can be seen from the price, 201J1, J3 and J4 prices are maintained as they are, only J5 is lowered by 100 yuan to 7150 yuan / ton, and it is worth noting that the huge 201 family has a branch - J5-DQ (more than J5) C and CU), the price is 7250 yuan / ton. Subsequently, the agent's offer price was 100 yuan/ton lower than the price of the steel mill. It seems that the market of 201 is sadly reminded for a long time, and there is an urgent need for good news.

304 Stainless Steel
After the narrow-band market was adjusted yesterday, today's quotation has not changed much. Dingxin does not include tax 12600-12650 yuan/ton, Xinfeng does not include tax 12400 yuan/ton.
In the afternoon, Qingshan Steel Plant finally adjusted the price of the large plate, the offer was 14,300 yuan / ton(incl.tax), down 200 yuan from the previous price. However, this does not seem to be favored by the market.
Some salesmen said that "the market has already fallen in price early, and Chengde and Fuxin, which have a tax of 14,200 yuan, are trading companies that have not included tax on 12,800."
Later, some people said, "Don't be pessimistic, there is nickel beating, and it is going up in the afternoon."