Price forecast of China's medium and heavy plate market on March 18

On March 17, the average price of China's 20 mm ordinary carbon steel plate was 569.23 usd / ton, up 0.46 usd / ton from the previous trading day. On the market side, the black futures market was in low volatility yesterday, and the market was cautious and wait-and-see mood was strong. The prices of the medium and heavy plate market were up and down, while the high prices were weak, and the low prices were fair.

In terms of resources, merchants all over the country have different levels of replenishment at low prices. Recently, new resources have arrived in the medium and heavy plate market, with relatively complete specifications.

It is understood that at present, the downstream resumption of work is in good condition, and the number of inquiries is increasing. However, affected by the external news, steel traders still focus on the funds collected from shipment, and it is expected that the price of China's medium and heavy plate market will fluctuate in the short term.