Jan 8: 304 Sees Minor Changes, 201 Fluctuates, Coil Markets Adjust Slightly
On January 8, 2024, the Foshan market in China started the week with dynamics: Chinese A-share market was sluggish, with the Shanghai Composite Index falling below 2900 points. After brief fluctuations, stainless steel futures returned to a state of volatility. The spot market opened steadily, with overall trading being relatively quiet.
304 Cold Rolled: Prices were stable in the morning, with some traders making minor adjustments. Prices slightly fell with market fluctuations, leading to limited transactions.
304 Hot Rolled: Agency and market trader quotes remained stable, with some minor price adjustments, resulting in tepid trading.
201 Series: Hot rolled prices fluctuated with the market, while most cold rolled prices remained stable, with some experiencing slight increases. Overall, trading was moderate.
430 Series: Prices were generally stable, with a few resources seeing minor increases. Trading was flexible but average.
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Post time: Jan-09-2024
