pokertablesize| Manganese silicon: 8244 yuan/ton, the current prices of various ferrous metals are upside down

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May 8thPokertablesizeMost of the domestic ferrous metal futures market fellPokertablesizeThe main force of manganese silicon rose by 2.Pokertablesize.79%, the main force of stainless steel fell by 1.Pokertablesize.70%; rebar, hot coil and iron ore are upside down in the current period, and the rebar base difference rate is-2.84%.

Text of news flash

On May 8, most commodities in the black metal sector of the domestic futures market fell. The main contract manganese silicon rose sharply against the market, up 2.79% to 8244 yuan / ton. The main stainless steel contract fell 1.70% to 14125 yuan / ton. The main contract for ferrosilicon rose slightly by 1.11% to 7134 yuan / ton, while the main contract for wire rod fell 0.73% to 3919 yuan / ton. [ferrous metal futures prices fluctuate violently] the prices of ferrous metal futures contracts such as rebar, iron ore and hot coil all fell. Yesterday's closing price of rebar rose 6 yuan / ton from the opening price to 3729 yuan / ton. The closing price of the main iron ore contract yesterday rose 4 yuan / ton from the opening price to 886.5 yuan / ton. The closing price of the main hot coil contract yesterday rose 7 yuan / ton from the opening price to 3864 yuan / ton. [significant changes in ferrous metal warehouse receipt data] ferrous metal warehouse receipt data show a decrease in the cumulative number of rebar, stainless steel, hot coil and ferrosilicon, including 493 tons of stainless steel, 4764 tons of hot coil and 239 tons of ferrosilicon. The cumulative warehouse receipt quantity of wire rod remained unchanged, while the cumulative warehouse receipt quantity of manganese silicon increased by 1100 tons. [rebar, hot coil, iron ore upside down phenomenon] as of May 7, rebar, hot coil and iron ore contracts have been upside down. Rebar base difference-103 yuan / ton, basis difference rate-2.84%; wire base difference-64 yuan / ton, basis difference rate-1.65%; hot rolled coil base difference 41 yuan / ton, basis difference 1.05%; stainless steel basis difference-127 yuan / ton, basis difference rate-0.89%; ferrosilicon basis difference-306 yuan / ton, basis difference rate-4.53%; manganese silicon basis difference-570 yuan / ton, basis ratio-7.65% The iron ore base difference is 0.11 yuan / ton, and the base difference rate is 0.01%. Remarks: basis = spot price-futures price. Investors need to pay attention to the price fluctuations of ferrous metal plates, especially the phenomenon of upside down, careful operation and reasonable layout.