The Baoxin 430/BA mainly focuses on futures and spot circulation, which is not very active
This morning's inquiry shows that the inventory of 430 Baoxin's cold-rolled resources is relatively low. Among them, the spot liquidity of the BA surface market is relatively small, with futures being the main form. The main thicknesses are concentrated between 0.3 and 1.5mm. The author has learned that a certain merchant in Wuxi has a small amount of 430/BA inventory, mostly four-foot thick materials, with thicknesses of 1.0/1.2/1.5/2.0mm. Among them, the price of 2.0mm rolled plates with edge trimming is 11,400 yuan per ton. The market inventory of Baoxin 430/BA has remained at a relatively low level, with only a few merchants having a small amount of in-stock resources. Generally, direct supply to the terminal is the main approach.
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