据商务部市场运行监测系统显示，9月22日至28日，全国生产资料市场价格与前一周（环比，下同）基 本持平。 基础化学原料价格小幅下降，其中硫酸、聚丙烯、甲醇分别下降3.8%、1.3%和0.5%，纯碱与前一周基 本持平。 成品油批发价格保持稳定，其中0号柴油、92号汽油、95号汽油均与前一周基本持平。 橡胶价格略有上涨，其中天然橡胶、合成橡胶均上涨0.1%。 煤炭价格稳中有涨，其中动力煤每吨759元，与前一周基本持平，炼焦煤、无烟块煤每吨1021元和1142 元，分别上涨2.1%和0.5%。 有色金属价格以涨为主，其中铜上涨1.7%，锌、铝分别下降0.6%和0.1%。 化肥价格略有下降，其中尿素下降0.6%，三元复合肥与前一周基本持平。 钢材价格基本持平，其中槽钢、热轧带钢每吨3639元和3574元分别下降0.5%和0.4%，高速线材、焊接 钢管每吨3567元和3793元，与前一周基本持平，螺纹钢每吨3391元，上涨0.2%。 ...

Agricultural Products Market - The national market prices for edible agricultural products remained stable from September 8 to 14, with a slight decrease in production material prices by 0.2% compared to the previous week [1] - Average wholesale prices for six types of fruits saw a minor decline, with grapes, citrus, and apples decreasing by 3.1%, 2.1%, and 0.6% respectively [1] - The average wholesale price for 30 types of vegetables was 4.75 yuan per kilogram, down by 0.2%, with cucumber, broccoli, and cauliflower decreasing by 8.7%, 4.4%, and 4.4% respectively [1] - Wholesale prices for aquatic products showed a slight decline, with crucian carp, carp, and grass carp decreasing by 1.3%, 1.2%, and 0.5% respectively [1] - Meat wholesale prices experienced minor fluctuations, with pork priced at 19.97 yuan per kilogram, down by 0.6%, while lamb and beef increased by 0.3% and 0.2% respectively [1] - Grain and oil wholesale prices showed slight fluctuations, with rice and rapeseed oil decreasing by 0.2% and 0.1%, while soybean oil and peanut oil increased by 0.2% and 0.1% respectively [1] - Poultry product wholesale prices saw a slight increase, with eggs and broilers rising by 3.3% and 0.1% respectively [1] Production Materials Market - The prices of basic chemical raw materials predominantly decreased, with sulfuric acid, soda ash, and polypropylene declining by 1.6%, 0.6%, and 0.1% respectively, while methanol increased by 0.5% [2] - Coal prices showed a stable decline, with coking coal and thermal coal priced at 1001 yuan and 756 yuan per ton, decreasing by 1.2% and 0.5% respectively, while smokeless block coal remained unchanged at 1136 yuan per ton [2] - Fertilizer prices continued to decline, with urea and compound fertilizer decreasing by 0.5% and 0.3% respectively [2] - Finished oil wholesale prices experienced a slight decrease, with 92-octane gasoline, 0-octane diesel, and 95-octane gasoline dropping by 0.2%, 0.2%, and 0.1% respectively [2] - Rubber prices saw a slight retreat, with synthetic rubber and natural rubber decreasing by 0.3% and 0.1% respectively [2] - Steel prices remained stable, with high-speed wire, rebar, and welded steel pipes priced at 3547 yuan, 3366 yuan, and 3795 yuan per ton, all decreasing by 0.1%, while ordinary medium plates, hot-rolled strips, and channel steel increased by 0.1% [2] - Prices of non-ferrous metals showed a slight increase, with aluminum and zinc rising by 0.8% and 0.6%, while copper prices remained unchanged [2]

Group 1 - The national production material market prices increased by 0.3% month-on-month in August [1] - Coal prices rose by 1.6% month-on-month but decreased by 10.3% year-on-year, with coking coal, thermal coal, and No. 2 smokeless block coal increasing by 5.1%, 1.1%, and 0.5% respectively [2] - Steel prices increased by 1.2% month-on-month and decreased by 3.3% year-on-year, with channel steel, ordinary medium plates, and welded steel pipes rising by 2.5%, 2.1%, and 1.9% respectively [2] Group 2 - Non-ferrous metal prices decreased by 0.3% month-on-month and increased by 6.8% year-on-year, with copper and aluminum prices falling by 0.5% and 0.2%, while zinc prices rose by 0.1% [2] - Fertilizer prices fell by 0.8% month-on-month and decreased by 9.8% year-on-year, with urea prices dropping by 0.9% and compound fertilizer prices increasing by 0.2% [3] - Refined oil prices decreased by 1.3% month-on-month and fell by 7.2% year-on-year, with prices for 0 diesel, 95 gasoline, and 92 gasoline declining by 1.4%, 1.1%, and 1.0% respectively [3]

Group 1 - The domestic futures market for light chemical sector showed mixed results, with fiber board futures experiencing high volatility, closing at 1276.50 yuan/ton, a slight increase of 0.12% [1] Group 2 - In Tangshan, steel mills are implementing production restrictions, resulting in low operating rates and capacity utilization, alongside transportation controls for National VI standard and new energy vehicles [2] - The mainstream prices for Tangshan section steel remained stable, with I-beam at 3390 yuan/ton, angle steel at 3400 yuan/ton, and channel steel between 3350-3400 yuan/ton, with weak transaction volumes [2] - As of mid-August 2025, the inventory of key steel enterprises was reported at 15.67 million tons, an increase of 600,000 tons or 4.0% from the previous period [2] - The total urban inventory for the week was 8.54 million tons, up by 340,100 tons (+4.15%) from the previous week, while the total inventory of construction steel was 4.64 million tons, increasing by 216,000 tons (+4.88%) [2] - The vice president of the China Iron and Steel Association, Xia Nong, indicated that the steel industry is expected to maintain a stable and positive trend due to continued national support for production regulation and the gradual implementation of comprehensive rectification policies [2]

Group 1 - The steel spot market is primarily rising, with major futures contracts also increasing, driven by market sentiment following safety incidents in coal mines and expectations of a potential interest rate cut by the Federal Reserve [1][3][20] - The State Council meeting highlighted the effectiveness of large-scale equipment updates and consumer goods replacement policies in stabilizing investment and expanding consumption, which is expected to boost market confidence and support steel prices [2] - As of mid-August, social inventory of five major steel products in 21 cities reached 8.43 million tons, a month-on-month increase of 400,000 tons, indicating supply pressure in the off-season steel market [2] Group 2 - Federal Reserve Chairman Jerome Powell's dovish remarks at the global central bank meeting have increased the probability of a rate cut in September, with an 84.1% chance of a 25 basis point cut, which has positively influenced market sentiment towards steel prices [3] - Today's domestic steel market saw a general increase in prices, with specific price adjustments reported from various steel mills, indicating a trend of rising production costs [4][7][19] - The raw material market shows a slight increase in iron ore prices, supported by stable demand from steel mills, while coke prices remain steady due to strong demand and limited supply [18][20]

Core Insights - Sichuan Shengshi Steel Union International Trade Co., Ltd. is becoming a significant player in the Chengdu and Sichuan steel market, focusing on customer needs and quality to build a comprehensive supply ecosystem for steel products [1][4]. Group 1: Company Foundation - The company is a regional steel trading and distribution agent based in Chengdu, Sichuan, with deep partnerships with over 20 major domestic steel mills, ensuring stable supply and controllable quality [4]. - Its strong supply chain integration capabilities position it as a crucial hub for steel supply in Southwest China [4]. Group 2: Product System - The company offers a comprehensive range of steel products, including H-beams, I-beams, channel steel, angle steel, and more, with a focus on meeting diverse engineering needs [4][6]. - Products cover national standards and low-alloy materials, widely used in construction, manufacturing, and energy sectors, with strict quality testing to meet industry standards [4]. Group 3: Service Network - To meet customer demands for "immediate delivery," the company has established a warehousing network in key cities like Chengdu, Chongqing, Lhasa, and Kunming, maintaining a stock of over 10,000 tons of steel [6]. - The company promises "same-day order, next-day delivery" and provides comprehensive service support, including intelligent processing and efficient logistics [6]. Group 4: Market Insights - The steel market in 2025 is expected to experience complex changes due to futures fluctuations, supply-demand relationships, and policy adjustments [7]. - The company utilizes real-time data monitoring and market analysis to provide clients with forward-looking procurement advice, helping them optimize costs and mitigate risks [8]. Group 5: Technological Innovation - The company promotes high-strength, low-carbon steel materials in response to environmental policies, aligning with national "dual carbon" strategies [8]. - It has implemented AI quality inspection systems and intelligent inventory management, improving efficiency by 30% [8]. Group 6: Engineering Applications - The company's steel products are widely used in major projects, including industrial plants, bridges, and energy infrastructure, supporting significant national projects [9]. - Notably, the company contributed to the world's largest weathering steel bridge application project, reducing construction time by 30% and carbon emissions by 160,000 tons [9]. Group 7: Future Outlook - The company aims to deepen supply chain integration, enhance digital capabilities, and promote green steel products in the future [10]. - It plans to strengthen strategic partnerships with downstream contractors and design institutes, providing comprehensive technical support to maintain its leadership in the Chengdu and Sichuan steel market [10].

Price Trends in Various Markets - National production material market prices decreased by 0.2% from the previous week [1] - Wholesale prices of finished oil products slightly declined, with 0 diesel, 95 gasoline, and 92 gasoline decreasing by 0.5%, 0.4%, and 0.3% respectively [1] Rubber and Steel Prices - Rubber prices experienced a slight decline, with synthetic rubber and natural rubber decreasing by 0.7% and 0.2% respectively [2] - Steel prices predominantly decreased, with rebar, high-speed wire, and channel steel priced at 3452 yuan, 3639 yuan, and 3690 yuan per ton, showing declines of 0.7%, 0.6%, and 0.3% respectively [2] Non-Ferrous Metals and Chemical Prices - Non-ferrous metal prices showed slight fluctuations, with copper decreasing by 0.6%, while zinc and aluminum increased by 0.3% and 0.2% respectively [3] - Basic chemical raw material prices remained stable, with soda ash and polypropylene decreasing by 0.4% and 0.3%, while methanol remained unchanged and sulfuric acid increased by 0.1% [3] Fertilizer and Coal Prices - Fertilizer prices remained stable, with urea and compound fertilizers unchanged from the previous week [4] - Coal prices saw a slight increase, with coking coal, anthracite, and thermal coal priced at 976 yuan, 1135 yuan, and 761 yuan per ton, reflecting increases of 1.8%, 0.5%, and 0.3% respectively [4]

Agricultural Products Market - The national market price of edible agricultural products increased by 0.1% from the previous week [1] - The average wholesale price of 30 types of vegetables was 4.19 yuan per kilogram, rising by 2.4%, with spinach, cauliflower, and cucumber increasing by 24.5%, 16.9%, and 9.9% respectively [1] - Wholesale prices of grain and oil showed slight fluctuations, with rapeseed oil up by 0.1%, while soybean oil and rice prices remained stable, and flour and peanut oil decreased by 0.2% and 0.1% respectively [1] - Poultry product wholesale prices experienced minor fluctuations, with white strip chicken increasing by 0.3% and eggs decreasing by 1.0% [1] - Meat wholesale prices slightly declined, with pork at 20.31 yuan per kilogram, down by 0.2%, while lamb decreased by 0.1% and beef increased by 0.3% [1] - Wholesale prices of aquatic products decreased, with large yellow croaker, large hairtail, and crucian carp dropping by 1.1%, 0.8%, and 0.4% respectively [1] - Fruit wholesale prices saw a slight decline, with watermelon, pear, and grape prices falling by 4.0%, 2.2%, and 1.6% respectively [1] Production Materials Market - The wholesale prices of finished oil products slightly decreased, with 0 diesel, 95 gasoline, and 92 gasoline dropping by 0.5%, 0.4%, and 0.3% respectively [2] - Rubber prices showed a slight decline, with synthetic rubber and natural rubber decreasing by 0.7% and 0.2% respectively [2] - Steel prices predominantly decreased, with rebar, high-speed wire, and channel steel priced at 3452 yuan, 3639 yuan, and 3690 yuan per ton, down by 0.7%, 0.6%, and 0.3% respectively [2] - Prices of non-ferrous metals showed slight fluctuations, with copper down by 0.6%, while zinc and aluminum increased by 0.3% and 0.2% respectively [2] - Basic chemical raw material prices remained stable, with soda ash and polypropylene decreasing by 0.4% and 0.3%, while methanol remained unchanged and sulfuric acid increased by 0.1% [2] - Fertilizer prices remained stable, with urea and ternary compound fertilizer unchanged from the previous week [2] - Coal prices saw a slight increase, with coking coal, smokeless lump coal, and thermal coal priced at 976 yuan, 1135 yuan, and 761 yuan per ton, increasing by 1.8%, 0.5%, and 0.3% respectively [2]

Price Trends in Various Markets - The national production material market prices remained stable from July 28 to August 3 compared to the previous week [1] - Non-ferrous metal prices experienced slight declines, with zinc, copper, and aluminum decreasing by 1.4%, 0.9%, and 0.5% respectively [1] - Rubber prices saw minor decreases, with natural rubber and synthetic rubber falling by 0.7% and 0.6% respectively [2] Fertilizer and Steel Prices - Fertilizer prices were predominantly down, with urea decreasing by 0.4% while compound fertilizers saw a slight increase of 0.1% [3] - Steel prices showed slight fluctuations, with hot-rolled strip steel and rebar priced at 3615 yuan and 3475 yuan per ton, decreasing by 0.8% and 0.4% respectively; channel steel increased by 0.8% to 3701 yuan per ton [3] Energy and Chemical Prices - Wholesale prices for refined oil saw slight increases, with 0 diesel, 92 gasoline, and 95 gasoline rising by 0.3%, 0.3%, and 0.2% respectively [4] - Coal prices experienced minor increases, with coking coal and thermal coal priced at 959 yuan and 759 yuan per ton, rising by 1.8% and 0.3% respectively; the price of No. 2 smokeless lump coal remained stable at 1129 yuan per ton [4] - Basic chemical raw material prices continued to rise, with soda ash and sulfur increasing by 1.2% and 1.0% respectively; polypropylene prices remained stable while methanol decreased by 0.6% [4]

Core Viewpoint - The steel market in Chengdu is experiencing a structural divergence, with certain categories like thin-walled seamless pipes seeing price increases despite an overall decline in steel prices [1][4]. Group 1: Market Overview - On August 1, Chengdu's steel market reported a "more drops than rises" performance, with spiral pipes dropping by 20 yuan to 3860 yuan/ton and channel steel experiencing a maximum drop of 60 yuan [4]. - In contrast, thin-walled seamless pipes (38*3) saw a price increase of 10 yuan to 5830 yuan/ton, while stainless steel welded pipes remained stable at 5200-5300 yuan [4]. - The latest data from the Chengdu Qingbaijiang warehouse indicates that large-diameter resources now account for 35% of inventory, with a turnover period extending to 45 days [4]. Group 2: Underlying Factors of Price Decline - The market's emotional downturn is attributed to a gap between policy expectations and reality, as the anticipated "strong stimulus" did not materialize following the July Politburo meeting [5]. - The impact of climate and economic conditions is evident, with manufacturing PMI dropping to 49.3%, leading to a 30% reduction in procurement from major steel-consuming sectors like machinery and automotive [6]. - Despite weakened demand, national iron and steel production remains high at 2.4 million tons per day, complicating the supply-side adjustments [6]. Group 3: Future Market Predictions - The cost support level for Chengdu rebar is projected to rise to the 3150-3180 yuan range if coking coal supply tightens [6]. - A potential rebound in demand is expected post-August 15, with a 67% decrease in the probability of heavy rainfall, which may accelerate infrastructure projects [6]. - Policy variables, such as production limits in Hebei to ensure air quality for the "9.3 military parade," could reduce national supply by 80,000 to 120,000 tons per day, impacting the Chengdu market [6]. Group 4: Strategic Recommendations - Steel traders are advised to prioritize the liquidation of slow-moving specifications like 219*6mm and focus on the scarce resources of 38*3 thin-walled pipes, which have a premium of 5% [7]. - Construction companies should consider locking in rebar quantities in early August and be cautious of lower-priced resources from other regions that may incur higher transportation costs [7]. - The market suggests that even in a seemingly pessimistic environment, structural opportunities exist, emphasizing the importance of strategic positioning in niche segments [7].