First, the steel market price decline has slowed down. The weekly average price fell by 0.8% from last week, and the decline slowed down. Among them, the wire is basically flat; the thin plate is down 0.4%; the middle plate is down 0.8%; the seamless steel pipe is down 1.2%, and the welded steel pipe is down 0.2%.
Second, the overall price of non-ferrous metals fell. The weekly average price decreased by 1.3% from the previous week, with copper falling by 1.7%, aluminum falling by 0.7%, lead by 2.6%, zinc by 0.1.5%, tin by 0.1%, nickel by 4.5%, and magnesium by 1.3%.
Third, the prices of chemical products continued to fall. The weekly average price dropped by 0.8% from the previous week. Among them, polyethylene decreased by 1.1%, polypropylene decreased by 1.5%, polystyrene decreased by 1.8%, polyvinyl chloride decreased by 1.7%, ABS resin decreased by 1.8%, toluene decreased by 0.5%, xylene decreased by 0.6%, and pure benzene decreased by 0.5%. Styrene rose by 0.7%; natural rubber fell by 0.5%.
Fourth, the price of refined oil fell. As the international oil price continued to fall in recent days, the market wait-and-see atmosphere became more and more intense. The transaction was sluggish and the price fell. The weekly average price dropped by 1.1% compared with the previous week. Among them, diesel decreased by 1.7%, gasoline decreased by 0.4%, and fuel oil decreased by 0.6%.
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