Review on Medium and Heavy Plate Benchmark Price Index
Source: https://www.steelhome.com/detailspage.php?nid=4720556&ntype=n
On July 3, domestic medium and heavy plate market prices declined. The average price of 20mm Q235 medium and heavy plates across 28 major domestic markets stood at RMB 3,530 per metric ton, down RMB 4 per metric ton from the previous trading day.
SteelHome Medium & Heavy Plate Price Index (SHSPI-MP) registered 3,524 yuan (75.48 points) on the day, a drop of RMB 2 (0.05 points) day-on-day.
- Weekly average: RMB 3,530 (75.61 points), down RMB 14 (0.3 points) week-on-week
- Ten-day average: RMB 3,527 (75.54 points), down RMB 15 (0.31 points) ten-day-on-ten-day
- Monthly average: RMB 3,527 (75.54 points), down RMB 38 (0.8 points) month-on-month
- Year-to-date average: RMB 3,464 (74.19 points), down RMB 50 (1.07 points) year-on-year
Fluctuations of SteelHome Medium & Heavy Plate SHSPI-MP Price Index
表格
| Date | Index Point | Corresponding Price | Day-on-Day Change | Weekly Average & Change | Ten-Day Average & Change | Monthly Average & Change | YTD Average | Month-on-Month Change | Year-on-Year Change |
|---|---|---|---|---|---|---|---|---|---|
| July 3 | 75.48 | 3,524 | -0.05 pts / -¥2 | 3,530 (-¥14) | 3,527 (-¥14) | 3,527 (-¥37) | 3,464 | -¥50 | -¥72 |
| July 2 | 75.53 | 3,526 | -0.07 pts / -¥4 | 3,532 (-¥12) | 3,528 (-¥13) | 3,528 (-¥36) | 3,463 | -¥51 | -¥73 |
| July 1 | 75.60 | 3,530 | -0.09 pts / -¥4 | 3,533 (-¥11) | 3,530 (-¥11) | 3,530 (-¥34) | 3,463 | -¥51 | -¥74 |
| June 30 | 75.69 | 3,534 | -0.04 pts / -¥2 | 3,535 (-¥9) | 3,541 (-¥27) | 3,564 (-¥29) | 3,462 | -¥52 | -¥76 |
| June 29 | 75.73 | 3,536 | -0.03 pts / -¥1 | 3,536 (-¥8) | 3,543 (-¥25) | 3,566 (-¥27) | 3,461 | -¥52 | -¥77 |
Note: The base date of SteelHome Price Index is September 28, 2004.
Market Summary
Source: https://www.steelhome.com/detailspage.php?nid=4720556&ntype=n
On July 3, domestic medium and heavy plate prices fell by up to RMB 10 per ton in some regions, with price declines mainly seen in East China and North China. Market transactions continued to weaken, and traders held a pessimistic outlook for the market ahead.
From the mill side, Huwei Steel in East China cut its ex-factory price by RMB 10 per ton, while ex-factory prices of medium and heavy plates at major steel mills in other regions remained unchanged.