Short-term shocks, steel, iron ore futures prices yesterday hit a new high, coke coking coal also rose, A shares led coal flying colors. Air Max 2017 Goedkoop At the same time, chemicals also climax, methanol, glass have been trading.
Analysts believe that the limited production to supply trapped is the main factors influencing the commodity market. New Balance 1300 mujer A nationwide large-scale production of wind and wave to the north, Henan, Jiangsu, Sichuan area, resulting in a variety of tight supply, so as to bring new impetus to the rise in price.

The most stringent environmental storm struck
Since late November, a large storm of environmental protection by forced haze swept coal steel market, Jiangsu, Shandong, Sichuan, Hubei environmental protection supervision and inspection of unprecedented frequency furnace shut down, the frequency will face permanent shut down many small mills. In December 7th, Tangshan City issued “emergency notice” further investigation of illegal production of steel, indicating that further cleaning of induction furnace (intermediate frequency furnace, furnace production facilities), take appropriate enforcement measures on the part of mills.
“After the introduction of the news, Tangshan, a substantial increase in prices, the surrounding market also began to pull up the market, coupled with the capital market rally support, the spot market is pulling up the trend is gradually spreading.” Information Analyst Zhang Congcong said.
Data show that yesterday’s building materials market prices rose.

Beijing area. The mainstream price 3000-3010 yuan / ton, up 30 yuan; Tangshan three earthquake mainstream 3130 yuan / ton, up 10 yuan; Shanghai quoted in the mainstream 3310-3330 yuan / ton, the premium of 41 yuan. Jalen Hurts Jersey Billet, Tangshan Pu square billet prices rose 100 yuan yesterday to 2900 yuan / ton.
Futures, coke 1705 contract rose 6.67% to 1870 yuan / ton, coking coal also rose 5.16% to 1344 yuan / ton; iron ore and rebar rose 6.53% and 5.10% respectively, are a new stage.
The inspection is known as the most stringent environmental inspection, the second batch of environmental protection inspection teams have been stationed in Shanghai, Beijing, Hubei, Guangdong, Chongqing, Shaanxi and Gansu and other 7 provinces (cities).
“A survey of coking enterprises we said the limited production supervision is very strict, for the first time in years appeared at the mayor LED inspection of environmental protection production situation. Canotta Squadra USA Handan and Wuan steel coke enterprises limited production in December 31st 30%, the execution is also more stringent, we also met the Secretary of municipal Party committee into the factory inspection of the situation. Near the end of the year, with this year’s winter air quality in Hebei is not optimistic, the local government environmental protection pressure, for the poor air quality in the city will vigorously promote the enterprises to stop limit production.” Topix futures analyst Gu Meng in the investigation of Hebei coal steel enterprises said.

Not only the iron and steel industry, chemical industry in this round of environmental protection storm swept under the tight supply, methanol futures trading yesterday, and hit a new high of nearly two years. Butler Bulldogs It has been reported that, at the end of November and early December nationwide haze, making a large number of Hebei, and Shandong, Henan, Shanxi coal chemical industry has also been included in the list of enterprises in production, limited production.

Methanol market, only Hebei, Shanxi, Henan provinces, involving methanol production capacity of 3 million tons / year, accounting for 5% of total domestic production capacity. Which directly discontinued more than 1 million tons / year, the load is reduced to less than 7 in the following 2 million tons / year.
Operating rate decreased significantly
Environmental protection high pressure effect significantly, last week, the country’s blast furnace operating rate decreased significantly. According to Mysteel survey statistics, last week, 163 of the country’s blast furnace operating rate was 75.83%, the weekly cycle than the 72 drop 0.69% samples of steel mills in Hebei blast furnace operating rate of 79.68%, the weekly cycle ratio of 1.59%. New Balance 373 damskie 139 major building materials in the country last week, steel production was 3 million 10 thousand tons of rebar, the weekly cycle than the 3.32% drop, the operating rate of 73.8%, the weekly cycle ratio of 4.2%.
“On the current situation, there are some steel mills have received notice, but not all discontinued, there are still individual steel mills are in the production enterprise. Since the introduction of environmental protection policy, Tangshan District, and the electric furnace manufacturers started rate has been at a low level. At the same time, affected by the recent shipments difficult, some steel mills have independently increased efforts to limit production, the medium frequency furnace to capacity effects have not been evident.” Zhang Congcong said.
According to WWW statistics, enterprises are medium frequency furnace in Tangshan area, involving most of the products are steel, plate, steel and other building materials, which relates to an annual production capacity of about 12 million tons.
Zhang Congcong pointed out that the latter point of view, if the complete closure of the local electric enterprises, to the local, will reduce the impact of Dachang enterprises building materials market, reduce overall supply, supporting the market price; at the same time, the relevant message capacity to support market confidence, pushing up the market price; furthermore, easy to cut scrap purchase price to reduce the production cost. Womens Air Jordan 8 At this stage of the price pull up, there is speculation in the market, the elimination of the plant is not implemented at the same time, there is a certain risk.
Golden State Securities analysts believe that last week the second batch of environmental supervision in Jiangsu and other places open superposition of intermediate frequency furnace demolition operations, coupled with the end of plant maintenance increased, leading to a national blast furnace operating rate of return low (lower than the same period last year), steel production decreased to a certain extent the hedge effect of off-season demand.