As of February 24, 2022, Xinhua Shandong Port billet price index reported 4650 yuan / ton, down 70 yuan / ton or 1.48% from the previous trading day.
As of February 24, 2022, the price index of hot rolled C material in Xinhua Shandong Port reported 5211 yuan / ton, an increase of 139 yuan / ton or 2.74% over the previous trading day
data source: Xinhua index
Xinhua Shandong Port billet price index and Xinhua Shandong Port hot rolled C material price index are components of Xinhua Shandong port bulk commodity index system, which are jointly prepared and released by China economic information agency and Shandong Port Group. Among them, the billet price index takes August 1, 2019 as the base period, and collects the billet settlement price per trading day generated by the actual transaction of Shandong bulk commodity trading center, in order to reflect the billet trading price trend; Based on August 3, 2020, the hot rolled C material price index collects the settlement price of hot rolled C material per trading day generated by the actual transaction of Shandong bulk commodity trading center, in order to reflect the trading price trend of hot rolled C material.
