Iron mine
The I2409 contract was closed in a narrow range overnight and the spot price of imported iron ore was lowered. The volume of iron ore shipments and arrivals in Australia and Pakistan increased during the period. Traders offer enthusiasm is ok, steel mills are on demand procurement, more inquiries for low quality powder. Due to the recent increase in the operating rate of blast furnaces in steel mills, the increase in iron ore spot demand has supported the spot price of iron ore. Technically, the 1-hour MACD indicator for the I2409 contract shows DIFF and DEA running above axis 0. It is recommended that the short term consider the 900-860 range of high sell low buy, stop loss 10 yuan/ton.
Screw thread
Overnight RB2410 contract volatility is weak, spot market quotes continue to rise. In this period, the production of rebar cycle continued to increase, and the capacity utilization rate was raised to above 50%, but it was still lower than the same period last year; Terminal demand continues to be released, and inventories continue to decline. In recent days, the favorable real estate policies in many regions of the country have continued to be released, boosting market confidence, but with the rapid rise in futures prices, some mainstream continued to reduce the bullish position on futures prices. Technically, the RB2410 contract 1-hour MACD indicator shows DIFF and DEA running above axis 0. In operation, it is recommended to choose a short callback machine and pay attention to risk control.
Hot rolling
The volatility of the overnight HC2410 contract was weak and the spot market price was stable. This period of hot coil cycle production continued to increase, capacity utilization rate also maintained above 80%, with the steel blast furnace operating rate continued to increase, the demand for burden support, the current coke usher in the fifth round of increase, iron ore prices gradually moved up, steelmaking cost support dependent. The hot coil terminal demand is purchased on demand, and the inventory has changed from decreasing to increasing, while the apparent demand has fallen. Technically, the HC2410 contract 1-hour MACD indicator shows that DIFF and DEA operate above axis 0. Operation advice, intra-day short-term trading, pay attention to risk control.
Coking coal
Overnight JM2409 contract volatility is weak, coking coal market is strong operation. In terms of supply, coal mines in producing areas resumed work slowly, and there was no significant increase in coking coal supply. Four rounds of coke rise and fall, spot cumulative increase of 400-440 yuan/ton, coke profit repair is obvious, downstream acceptance of high price charge relaxed, coke five rounds of increase opened. Building materials trading contraction, weak plate shocks, 05 contracts near delivery, or increase supply, coking coal flow accounted for an increase in the proportion of shocks. Strategy suggestion: The JM2409 contract volatility is weak, the phase steel volatility, some multi-single profit, the operation is considered to be short on dips, please pay attention to risk control.
coke
Overnight J2409 contract volatility is weak, the coke market is strong operation. In terms of industry, before the festival, coke four ups and downs, ton coke profit turned from loss to profit, Mysteel coal coke business department investigated 30 independent coking plants ton coke profit, the national average ton coke profit of 91 yuan/ton; The average profit of Shanxi primary coke is 101 yuan/ton, the average profit of Shandong primary coke is 164 yuan/ton, the average profit of Inner Mongolia secondary coke is 43 yuan/ton, and the average profit of Hebei primary coke is 144 yuan/ton, coke continues to be stored, and the profit of ton coke rises to the high level in the past two years, and the enthusiasm of coke enterprises to produce is improved. Steel mills resumed production, steel prices rebounded, hot metal production rebounded, low coke inventory in the plant, good port trade port sentiment, coke spot strong operation, replenishment demand or continue to release, the market five rounds of growth opened. Strategy suggestion: J2409 contract volatility is weak overnight, building materials transactions shrink, the plate is weak, the operation is recommended to temporarily treat the idea of shock, please investors pay attention to risk control.
ferrosilicon
The ferrosilicon market is strong. In terms of cost, carbon rose, silica remained stable, and cost support continued to be strong. On the supply side, Mysteel statistics of 136 independent ferrosilicon enterprises in the country: the operating rate (capacity utilization rate) of 30.23% nationwide, manufacturers start at a low level, market transactions pick up, traders’ sentiment eases, ferrosilicon to the warehouse is obvious, and confidence in the industry is restored. In terms of demand, the five major steel types of ferrosilicon weekly demand (the sample accounted for about 70% of the total demand for ferrosilicon for the five major steel types) : 20226.9 tons, an increase of 1.85%, the market is long and short interlace, spot supply is tight, manufacturers have a price mentality, but after the disk continues to rise relative to manganese silicon, ferrosilicon fundamental drive is limited, pay attention to the situation of steel. Strategy suggestion: SF2409 contract shock sorting, the operation is recommended to temporarily treat steel with shock ideas before adjustment, investors should pay attention to risk control.
manganese-silicon
Manganese silicon market is strong. On the supply side, Mysteel statistics of 187 independent silicon manganese enterprises in the country: the operating rate (capacity utilization rate) of 37.89% nationwide, an increase of 0.32%; The average daily output of 22,890 tons, an increase of 35 tons, the problem of Australian ore shipment continues to fermentate, further raising concerns about the tight supply of domestic Australian ore, manganese ore prices will continue to run at a high level, chemical coke four round ups and downs, the country, especially in the south of manganese silicon manufacturers to expand losses, flood season in some parts of the south or slightly increase production, but affected by the cost of manganese silicon supply increment limited, Some pre-production manufacturers plan to resume production at stable costs, spot low price procurement difficulty increases, manufacturers have psychological reluctance to sell, the price is strong, the mainstream steel mills in the north have not yet entered, the market has wait-and-see psychology, manganese silicon period is now supported by high costs and production cuts or continue to run strongly, pay attention to manganese mine outboard quotation iron and steel to the warehouse continuity. Strategy suggestion: SM2409 contract continues to rise, the plate long and short game, the operation is recommended to hold more than one wait-and-see, please investors pay attention to risk control.
