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Poor demand, no silicon steel turnover

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  This week, non-oriented silicon steel is still in a state of slight decline in transactions. The main reason is that the demand is poor, and the number of terminals purchased is small. It is expected that after the National Day holiday, the price of non-oriented silicon steel will continue to be low.
 
  Domestic non-oriented silicon steel market:
  1. Low-grade cold-rolled non-oriented silicon steel: This week, non-oriented silicon steel was stable, and the transaction was sluggish. The sales of individual brands fell slightly, ranging from 10-20 yuan/ton. Traders' mentality has deteriorated, mainly in terms of shipments, and there are not many spot resources on the market.
  According to the market: the trade volume in the East China market is poor, and traders have to make a slight profit. Terminal demand is poor and procurement is minimal. Due to the high cost of ordering in October, there are generally no low-cost resources on the market. The 800 grades of private steel mills and the 800 grades of first-line steel mills have been consistent for a long time, and the price is around 5,500 yuan / ton. The traders' feedback was extremely deserted. The price of the South China market is stable and the turnover is poor. The price of 1300 grades also showed a slight downward trend. It is understood that the price of mainstream 1300 grades is 5350 yuan/ton, and it is difficult to ship. In the market, Zhanbao still has relatively more resources and less terminal demand. The price of Huazhong market dropped slightly, and the amount of spot resources was small. Most traders paid more attention to the price of Ouye E-commerce. It is understood that the price dropped slightly this week, with a range of 50 yuan/ton.
  In terms of steel mills, as the futures prices in October have risen slightly, except for Baosteel Group, the prices of individual steel mills have been negotiated or the actual order price has been flat. It is understood that the orders of individual steel mills are not satisfied with a slight gap. In addition, the market is rumored that steel mills have reduced production. According to the authors and steel mills, only the Angang and Baosteel plants have been verified to reduce production, and Baosteel has a relatively small amount of reduction, which has little impact on supply.
  2. Medium-high grade non-oriented silicon steel: This week, the price of medium-high grade non-oriented silicon steel is stable, and the market has not changed much. The supply of goods is not much, the order status of steel mills is general, and the high-priced futures prices in October are all flat. The traditional high grade 470 offers 6550 yuan / ton, 350 brand price 7200 yuan / ton. It is expected that the price of non-oriented medium and high grades will be stable.
  Data show that in August, the production and sales of new energy vehicles completed 99,000 and 101,000 respectively, an increase of 39% and 49.5% over the same period of the previous year. Among them, the production and sales of pure electric vehicles were 72,000 and 73,000, respectively, and the production and sales of plug-in hybrid vehicles were 27,000 and 28,000 respectively.
  Next week's forecast: This week's non-oriented silicon steel is still in a slight decline in the transaction, the main reason is the poor demand, the terminal purchases are small. In addition, the futures price in October is still at a high level, and there is no low-cost source of goods in the hands of traders. In the case of difficult price increases, other varieties of steel also showed a downward trend, which had a greater impact on mentality. Even if the market has a small amount of spot resources, the spot resources of traders cannot always be placed in the hands, so there is a small drop in the transaction price. It is expected that after the National Day holiday, the price of non-oriented silicon steel will continue to be low.