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Latest company news about The spread between 304 tin and Buddha is as high as 600! Why?

Yesterday, the transaction price of Foshan 304 private cold rolling has generally reached 13,800 yuan/ton, but what about the Wuxi market? After the price of 304 was lowered by 100 yuan/ton yesterday, it was raised again by 100 yuan/ton today. Why is this?

Many traders in the market complained: “The 2-3 days of quasi-spot goods that have been promised, this week has passed and it has not arrived.”
The recent 304 market still revolves around the topic of “out of stock”. In the Wuxi market, most of the production areas are seriously insufficient.
“No rice in the pot” has also led to insufficient recent transactions in specifications by some traders.
In the cold rolling market, the base price of 304 Delong and Beibu Gulf new material’s four-foot rough edge is reported to 14400 yuan/ton (converted to 2.0 cut 14900); the base price of Yongjin four-foot rough edge is reported to 14800-14900 yuan/ton (converted to 2.0 cut edge The price can reach 15300-15400); the state-owned 2.0mm four-foot trimming is reported to be around 15500-15600 yuan/ton. For the same origin in Wuxi and Foshan, the price difference is as high as 600 yuan/ton, and a trader in Wuxi joked: “If you are so scarce, you can go directly to Foshan to adjust the goods.” In this regard, industry insiders also said: Foshan has more profitable goods. , Merchants mainly receive funds from their shipments.

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