First, the macro news briefing 1, Bernanke on Wednesday may suggest close to reduce QE. According to foreign media reports, the Fed's Ben Bernanke is likely to hint at a press conference on Wednesday that the bank is close to reducing its "quantitative easing" program. In June and June, the New York State Manufacturing Index was 7.84 higher than expected. The New York Fed announced on Monday that the New York State Manufacturing Index for June was 7.84. According to a Bloomberg survey, economists have averaged 0.50 points. The index for May was -1.43 points.
3. The central bank intends to issue 2 billion yuan of central bank bills, showing no signs of loosening. The reverse repurchases that the macro analysts are looking forward to, and even the cuts have not come true. The central bank announced yesterday that it will issue a 91-day central bank bill today, with a quota of only 2 billion yuan.
In April and May, the freight volume of railways increased slightly compared with the previous month, and the freight transportation reform faced many challenges in the early period. In May, the total volume of railway freight shipped nationwide totaled 32.178 million tons, compared with 310.31 million tons in April. Although the freight reform has been started, the railway freight has basically followed the trend of the overall macro economy. The major problem with freight reform is that the focus of work is difficult to highlight.
In May and May, the import volume of coal decreased by 3.9% from the previous month, and importers continued to wait and see. Statistics from the General Administration of Customs show that in May 2013, the coal import volume was 27,570,000 tons, which was 1.12 million tons less than the coal import volume in April, a decrease of 3.9% from the previous month. In addition, despite an increase of 5.6% compared with the same period of last year, the increase has continued to narrow.
Second, the relevant disk summary US stocks closed higher on Monday, but the increase was narrower than the highest point in the session. The market is paying close attention to the upcoming two-day meeting of the Federal Reserve’s interest rate meeting. Bernanke may be alleged to have hinted at scaling back stimulus. The Dow Jones Industrial Average rose 109.67 points to close at 15,179.85 points, or 0.73%; the S & P 500 index rose 12.32 points to close at 1,639.05 points, or 0.76%. The price of gold for August delivery on the New York Mercantile Exchange fell by $4.5 to close at $1383.1 per ounce. The price of crude oil for delivery in July fell by US$0.08 to settle at US$97.77 per barrel. LME copper closed at $7082/ton, down $3/ton from the previous day.
Third, the billet price trend early on the 18th: Yesterday, Tangshan regular billet to stabilize, this morning, Changli sent to the knot 2970, Tangshan Xinglong / Guoyi factory 2950 are tax inclusive; traders naked price around 2850.
Fourth, the ore price trend yesterday, the domestic ore market rose steadily, Tangshan billet prices rebounded at weekends, and the spot price of steel increased, affecting some manufacturers' attitudes, reluctant to sell atmosphere gradually concentrated; import ore market price increases, inquiry The activity has rebounded and merchants have generally increased their prices by 15-20 yuan/ton. The price of 66% sour flour dry base in Tangshan area is priced at 1,040 yuan. The current quotation of 63.5/63% of Indian ore mine in the foreign mining market is about US$104. Tianjin Port's 63.5% Indian powder ore price is 850 yuan/ton; Qingdao Port's 61.5% PB fine ore price is 820 yuan/ton.
V. Coke price trend The domestic coke price dropped steadily yesterday. Affected by the downturn of the downstream steel, steel mills continued to suppress the purchase price of coke in order to reduce losses. After the holiday, coke enterprises in Shandong Province lowered their factory prices by a small margin, which was in the range of 20-30. Jiangsu and Zhejiang were weak and steady, and the overall turnover was poor. At present, 60% of coking companies in China have suffered losses. Only a small part of the coke enterprises have a small profit, while the rest of the enterprises are flat. The production pressure of coke enterprises is relatively high, but currently the limited production enterprises are limited. The market supply exceeds demand, and coke prices are unlikely to improve in the short term. Now the primary metallurgical coke in Shanxi Province is 1,300 yuan/ton; the quasi-class metallurgical coke is tax-included at 1,230 yuan; the secondary metallurgical coke in Handan, Hebei Province is 1,200 yuan; the secondary metallurgical coke in Huaibei region is tax-included 1,250 yuan; Zibo District 2 Metallurgical coke factory tax price 1250 yuan.
6. The coiled hot coil closed at the close of June 17th. The closing price of the 25mm rebar in the Beijing market was 3,390 yuan/ton, which was a drop of 20 yuan/ton from the previous day; the Shanghai market was 3,190 yuan/ton in the third-tier rebar market, compared with the previous day's price. Flat; Guangzhou three-tier rebar is 3630 yuan / ton, unchanged from the previous day's price.
On June 17th, the closing price of 5.5mmQ235 hot-rolled coil in Shanghai market was 3470 yuan/ton, which was a price increase of 50 yuan/ton from the previous day; the closing price of hot coil in Tianjin market was 3,380 yuan/ton, up 30 yuan/ton from the previous day; The closing price of Lecong market was 3570 yuan/ton, which was 40 yuan/ton higher than the previous day's price. .
Seventh, spiral analysis of the bulk of June 17, thread ** main contract 1310 higher than the previous day's settlement price gapped higher open to 3460 yuan opening, after the opening shock finishing, the highest touch 3508 yuan, the lowest probe to 3453 yuan It eventually closed at 3,477 yuan, up 66 yuan from the previous trading day and finally closed at the Xiaoyang line. The volume of 3047306 lots was enlarged compared with the previous trading day, holding 179,2016 lots, an increase of 12,760 lots. It is estimated that today's price pressure point is 3510 yuan/ton, and the support point is 3440 yuan/ton.
On June 17th, the main contract of the HR coil of HR coil was opened at 3433 yuan. After the opening bell, the price rose to a high of 3481 yuan and finally closed at 3460 yuan, up 47 yuan over the previous trading day, and finally closing the Yang Xian. Volume of 149,220 contracts, which has contracted from the previous day, opened up 203,180 lots, and reduced 8,850 lots. It is expected that today's price pressure point will be 3490 yuan/ton, and the support point will be 3450 yuan/ton.
Eight, spot price forecast is expected today in Beijing market 25mm three rebar prices rose 10 yuan / ton, to 3400 yuan / ton; Shanghai market three rebar offer steady, 3190 yuan / ton; Guangzhou market three rebar market The price is stable, quoted at 3630 yuan / ton.
It is estimated that the mainstream quotation of 5.5mmQ235 hot-rolled coils in Shanghai market will increase by RMB 10/t at around RMB 3480/t; the price of hot-rolled coils in Tianjin market will be stable at RMB 3,380/t; the quotation of hot coils in Lecong market will be stable, and the market price will be 3570 yuan / ton.
Insert or Over Molding is used when the design of your products needs to combine materials with different specifications into one finished product. It is used when a single shot is not enough for the complexity of the product. The finished product of an insert molded or over molded part is a single piece with plastic molded around the insert. This is done by incorporating the insert into a tool and then over-molded to form the final part. The insert used in over molding is usually made of metal or plastic. PF MOLD can do insert over molding for customers who require it in the application of Specialized plastic or metal Inserts and threaded inserts. This technology is actually very cost effective, since it lessens future assembly costs. With the benefits of insert over molding, it has become popular in the market over the years.
Note that not all designs of Plastic Parts are readily manufactured using over molding, and insert over molding requires more diligence, expertise and experience from the mold makers. We at PFMOLD have been trained to help you resolve above-standard, complicated and large over-molded parts. We would be glad to assist you from product design up to manufacturing feasibility of your products, making sure your products are manufactured according to their intended use. For a quote, please do not hesitate to contact us.
Insert Molding,Injection Tool,Plastic Molding,Metal Injection Molding
PF Mold Co., Ltd. , http://www.pf-mold.com