Core Viewpoint - The black metal futures market in China experienced a decline across all major products on November 5, with rebar futures dropping over 1% [1] Price Movements - As of November 5, the main futures prices are as follows: - Iron ore down 0.51% to 774.00 CNY/ton - Rebar down 1.21% to 3024.00 CNY/ton - Hot-rolled coil down 0.88% to 3252.00 CNY/ton - Stainless steel down 0.24% to 12540.00 CNY/ton [1] - Opening and closing prices for various contracts on November 5: - Rebar: Opened at 3046.00, closed at 3061.00 - Iron ore: Opened at 775.00, closed at 778.00 - Stainless steel: Opened at 12555.00, closed at 12570.00 - Hot-rolled coil: Opened at 3265.00, closed at 3281.00 [2] Warehouse Inventory Data - As of November 4, warehouse inventory data shows: - Rebar futures warehouse receipts at 121,242 tons, down 1,798 tons from the previous trading day - Hot-rolled coil futures warehouse receipts at 100,301 tons, up 1,764 tons from the previous trading day - Stainless steel futures warehouse receipts at 73,300 tons, down 182 tons from the previous trading day - Manganese silicon futures receipts increased by 400 to 13,129 contracts - Silicon iron futures receipts increased by 1,335 to 9,159 contracts [3] Basis and Spot Prices - The basis and spot prices for various products indicate the following: - Rebar: Spot price at 3162.66 CNY, futures price at 3061, basis at 101 with a basis rate of 3.19% - Hot-rolled coil: Spot price at 3346.67 CNY, futures price at 3281, basis at 65 with a basis rate of 1.94% - Stainless steel: Spot price at 12816.7 CNY, futures price at 12570, basis at 246 with a basis rate of 1.92% - Iron ore: Spot price at 801.89 CNY, futures price at 778, basis at 23 with a basis rate of 2.87% [4]
黑色金属板块全线走低 螺纹钢主力跌逾1%
Jin Tou Wang·2025-11-05 05:21