55% al-zn alloy coated steel sheet in coil prices continue to rise, the market price is

difficult to reduce

On the 14th,Aug, the galvanizing price of the PPGI/PPGL/GI/GL market continued to increase. The 1.0mm

price of the private factory in Huangshi area was around 4,960 yuan/ton, up by 20 yuan/ton from the previous

trading day, and the market turnover was also heavy. The volume of large households reached about 1,000

tons yesterday. It is at least 60%-70% higher than the previous downturn. As of press time, the price: WISCO 

1.0mm*1000*C reported 5200 yuan / ton, Baosteel Huangshi 1.0mm * 1000 * C reported 5030 yuan / ton, 

strip, Tongda, Xingye reported 4960-4970 yuan / ton; In terms of PPGI/PPGL, WISCO 0.5mm*1000*C reported

6750 yuan/ton, Baosteel Huangshi 0.5mm*1000*C reported 6900 yuan/ton.

Yesterday, the spot market market was broken by 4,300 points in the main contract of black futures thread. 

After the new high in the year, the billet also rose by 50 yuan/ton and stood at 4,000 yuan/ton. It is also a high

point in the past five years, so the rise is so eye-catching. In the case, the price of galvanizing in the Wuhan 

market has also been raised, and the confidence of the business has been boosted and there is reluctance to 

sell. On the one hand, in August, the market is only over half, the merchants may consider the second half of

the market may continue to rise, so they intend to control the delivery speed to meet the next demand; on the

other hand, in the case of the market environment, the private market The price of hot-rolled raw materials in

steel mills is also high, so the settlement price at the end of the month is also a place that traders need to 

consider. If the pre-sales price is low, it will be settled with the steel mill or there will be upside down, so the merchants are not willing to cut prices. Overall, the environmental protection inspections in the north have 

continued to strengthen, and the price of steel mills has continued to remain high. The author believes that 

there is a difficult price correction in the short term, but it is also necessary to carefully consider the risks after

the high position.