[Mysteel: Interpretation of Ferrous Metals Futures Daily May 8] Researcher: Jin Ling
Black futures prices fluctuated and fell today. Price performance thread> hot rolling> iron ore> coke> coking coal. [Rebar] The main contract fell by 49 yuan/tonstreetfighter2hyperfighting, disk profit-141 yuan/tonstreetfighter2hyperfighting, recent months are stronger than distant months, futures are discounted at-49, and the basis is expanding. [Hot rolled coils] The main contract fell by 56 yuan/ton, and the disk profit was 92 yuan/ton. In recent months, it was weaker than in distant months. Futures were discounted by 62, and the basis expanded. [Iron ore] Main contract fell 20streetfighter2hyperfighting.5 yuan/ton, the recent month is weaker than the distant month, and the futures discount is 60streetfighter2hyperfighting.7, the basis expands. [Coke] The main contract fell by 76 yuan/ton, and the disk profit was-203.1 yuan/ton. In recent months, it was stronger than in distant months. Futures were discounted at-71, and the basis expanded. [Coking Coal] The main contract fell by 75.5 yuan/ton, stronger in recent months than in distant months, futures discounted by 160.9, and the basis widened.
