Mine fell to around 395 yuan nearly sideways, the 17th main 1601 fell 0.88 percent to 394 yuan / ton, the intraday sentiment greatly influenced by external market. Thread synchronization trend, the main 1601 contract fell 0.4 percent to 1926 yuan / ton, trading was pulled down quickly rose after 1950.
Spot was little changed. Northern mills pull up on the 17th spot, threaded price rose 10-20 yuan / ton to 1,950 yuan / ton. But the downstream pessimistic attitude, after prices see more than move. Shanghai stock remain weak decline, the 17th fell 10-2020 yuan / ton, this week has been continuous since Yindie about 50 yuan / ton. Raw material side, the ore price Yindie maintain momentum, the spot with the end of the mine temporarily fell sharply. Platts index edged up 0.6 US dollars from 17 to 57.6 US dollars, equivalent to the disk 460 yuan / ton of ore 1601 premium is still 70 yuan / ton. Spot ore port continues edged 5-445 yuan / wet ton.
Macro level, no clear direction overnight FOMC. Rate hike expectations delayed landing. After the announcement, the gold trend without any change, overall in line with expectations.
Mine high instability, maintaining the rallies short ideas. But given the current black including the surrounding industrial influenced by external market and end spot ore market is not open space, the proposed single wet storage space based.
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