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Forecast: guangzhou building materials may continue to weaken
Looking back on Friday, the price of building materials in guangzhou fell by 20-30 yuan per ton.

Looking back on Friday, the price of building materials in guangzhou fell by 20-30 yuan per ton.Steel HPB300 Ф 6.5-10 mm line mainstream prices in 4730-4760 yuan/ton;Guangzhou steel, zhuhai yueguang steel, hunan steel with the same specifications of the high line price 4600-4640 yuan/ton;Thread, steel HRB400E Ф 18 to 25 mm resources mainstream price is in 4700 yuan/ton;Injure, cold steel, yu feng, xiang steel HRB400E Ф 18 to 25 mm resource price in 4650-4690 yuan/ton.

On August 31, the composite index of the domestic steel index was reported at 162.09, down 0.36% from the previous trading day, and the screw index was down 0.47% from the previous trading day at 179.12.Review on Friday, futures prices continue downward slightly, spot continue to weaken, plus local more continuous rainy weather, the demand side, although the weekend shagang strong rose 80 yuan/ton, but other leading steel mills did not pricing, east China local performance is generally over the weekend, coupled with weak futures volatility in early trading today, the market mentality unstable.Therefore, it is expected that local building materials will continue to weaken slightly today.

Futures: 31 date on the day of a concussion in 1901, now down 1.09% 4086, slightly increased positions;Volume 1901 throughout the day fell concussion, now 4064 down 1.79%, greatly reduced positions.