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Black Material Got Big Price Movements Result In Steel Factory Was Under The Enemy, Funds Continue To Tighten, Prices Of Raw Materials Competing Rising
Dec 13, 2017

The last trading day in November, the futures market ushered in "Black Wednesday"Early star variety showed a large number of falls, including rubber and colored varieties. Iron ore and steel prices in the black system both fell off and the main contract of coking coal opened down and closed down 8.09%. However, just as market investors were expecting a correction in the futures variety, the first trading day in December saw a u-turn.

 

Recently, the rebar, iron ore have hit a new high, there are collective limit, is a combination of multiple factors as a result. The new round of housing regulation, represented by Shanghai and tianjin, has exceeded market expectations and the housing market is under pressure to cool down. In addition, China's 10-year government bond futures fell 0.81 percent on Nov. 29, the biggest decline since the listing. Shibor (Shanghai interbank offered rate) rallied on 15th consecutive trading days, has been "money shortage" is used to describe the current capital market, the recent market significant tightening of liquidity, increasing the cost of capital.Aluminum passivation CNC milling product Manufacturer


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    Add: 2F, Building A1, No. 276, E. Baoshi Rd., Baoan District, Shenzhen
    Tel: +86-755-27359623
    Mob: +8618516195475
    E-mail: sales@litongcnc.com


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