New Electronic Products Information

Stainless steel as one of the main varieties of steel in our country has a wide range of USES in the national life. And according to futures daily understanding, since the third quarter of last year, stainless steel product prices, and high prices of raw materials such as nickel, stainless steel market of profitable domestic enterprises is less than twenty percent. It is understood that due to the current domestic futures market rebar, hot-rolled coils, wire rod, steel futures varieties of price movements and the stainless steel price is not completely consistent, relevant stainless steel enterprises in the process of hedging with these varieties can't completely to hedge risk.300 series stainless steel products, in particular, the nickel content is higher, and the variety of the domestic market and there is no corresponding do hedge.

However, market participants believe that with the approaching of the nickel domestic futures market, this problem could be solved effectively. Comprehensive utilization of nickel and stainless steel production enterprises can steel futures varieties and nickel futures varieties combination hedge risk completely. Yesterday by guotai junan futures and Shanghai steel union electronic commerce co., LTD. Jointly organized the "nickel futures listing seminar" in 2015, baosteel stainless steel co., LTD., chief analyst at Yao Qizhong said, as the main steel grade of stainless steel, 300 series stainless steel and nickel content above 8%, and related enterprises have used varieties hedging objective requirements. The entire previous period color metal department Mr. Zhang has to be listed on Friday at the meeting of nickel, tin, futures contracts. According to introducing, nickel futures contracts traded deposit charge proportion is temporarily set at 7% of the value of the contract, we tentatively for 5%.Tin futures contracts traded deposit charge proportion is temporarily set at 5% of the value of the contract, we tentatively for 4%.Hang dish on the margin we tentatively scheduled for the amplitude of the we 2 times (no more than hang dish benchmark that nickel plus or minus 10%, tin no more than hang dish benchmark price plus or minus 8%).Delivery warehouses, Mr. Zhang introduces, at present the previous specified by nickel warehouses for six, including one in warehouse and five eastern China warehouse in Shandong district. The specified tin futures delivery warehouse also has six, including 2 in Guangdong areas, four in east China. The total capacity is 18000 tons." As a result of the tin ingot and nickel plate unit value is higher, freight value relative to its minimal proportion between the areas, so no discount area Settings." Mr. Zhang said. Registered brand, according to introducing, the Yunnan tin in Yunnan, guangxi China tin, wind and Kay union enterprise four industry production of tin in got has been successfully registered in the previous period. Another six nickel production enterprise has also become the registered brand of the previous period.Mr. Zhang said, there are several is under examination and approval process, nickel, tin, production enterprises registered enterprise continues to increase. Website public information display of the previous period, nickel, tin, futures contracts will begin at 9 a.m. on March 27.Nickel, tin, futures varieties, hang dish in contract for July 2015 to March 2016, the trading time and listed non-ferrous metals futures varieties. Nickel, tin, hang dish benchmark price of futures contracts will be announced today." We will be according to the industry fundamentals, the spot market quotation and overnight LME prices comprehensive consideration, determining the hang dish benchmark." Mr. Zhang said.

Above information is provided by one of the professional stainless steel sheet manufacturers,If you have any questions,pleased contact us.