Price trend

According to the Commodity Market Analysis System of SunSirs, the price of color coated sheet had slightly decreased this week. On July 8th, the market price of color coated sheet was 6,450 RMB/ton, and on July 12th it was 6,400 RMB/ton, a decrease of 0.775% compared to last week and a decrease of 7.01% compared to the same period last year.

Analysis review

Galvanized sheet: The price of galvanized sheet had slightly decreased this week. On Friday (July 12th), the price of galvanized sheet was 4,845 RMB/ton, a decrease of 0.308% compared to last week and a decrease of 3.52% compared to the same period last year. The downstream demand in the coating market was lukewarm, and market transactions were relatively weak.

Market outlook

Considering the arrival of the off-season, although most factories' costs continued to rise, their shipping mentality continued, and their offers remained strong at high levels. This week, most of the domestic facilities started working normally, but production and sales had not yet balanced, and inventory was accumulating slightly. It is expected that the price of color coated sheets will remain stable in the short term.

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