The market price of galvanized square tube in Chengdu is weak and stable. Local market: it is understood that the market price dropped slightly today, and the transaction of manufacturers was weak. Affected by futures, the release of downstream demand is slow. In addition, the other provinces have gradually arrived, leading to a rapid decline in the price of cable. Side management manufacturers: strong willingness to support price limit. News: in November 2020, Caixin's purchasing manager index of China's manufacturing industry was 54.9%, up 1.3 percentage points month on month, the highest since December 2010. Therefore, it is expected that the price of galvanized square tube in Chengdu market will weaken tomorrow.
In terms of square tube price, the current market price of Φ 8-10 mm high-speed wire produced by Da Gang and Weigang is 4240 yuan / T, 40 yuan lower than yesterday, and the market price of actual production of Φ 8-10 mm high-speed high-speed wire is 4220 yuan / ton, 40% lower than yesterday; in terms of zinc square tube, the market price of Φ 18-22mm galvanized square pipe produced by dazang and Weigang is 4140 yuan / ton, stable; the market price of actual production of Φ 18-22mm galvanized square pipe is 4130 yuan / ton, stable; Longgang Steel Co., Ltd The market price of Φ 8-10 mm high-speed wire rod was 4220 yuan / ton, 40 yuan lower than yesterday; the market price of Φ 8-10 mm square tube produced by Longgang was 4300 yuan, 30 yuan lower than yesterday.