SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: On July 6, the Spot Price of Wire rod and Rebar Fell Slightly

July 07 2022 09:15:23     SunSirs (John)

Price trend

On July 6, the latest price of rebar in Jiangsu, Zhejiang and Shanghai was 4,200 RMB/ton, down 0.18% from the previous trading day and down 13.27% year-on-year. The price of Shanghai wire rod in Jiangsu, Zhejiang and Shanghai was 4,566 RMB/ton, down 0.17% from the previous trading day and down 13.67% from the same period last year.

Analysis review

On July 6, the price of the high wire fluctuated and sorted out. The quotations of the Ф6.5-10mm high wire in Jiujiang and Beitai were 4,300-4,340 RMB/ton; the mainstream price of rebar fluctuated slightly, and the base price of Huanghai and Binxin was 4,050-4,090 RMB/ton; On July 6, the ex-factory prices of Zhongtian and Yonggang were 4,170-4,210 RMB/ton.

Market activity is low, transaction performance was sluggish, terminal demand was facing continuous high temperature weather, downstream construction was blocked, and short-term demand side was difficult to have heavy volume, and performance was weak. However, the price of the wire screw had fallen to the cost line, and the room for further downside was limited.

Market outlook

It is expected that the price of wire rod and rebar will be in a dilemma, and will fluctuate within a narrow range in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products