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Why is the price of wire rod in Shanghai Futures Exchange high?
None of what they said is right, only my answer is right, haha, because I read the futures daily on April 7 today.

The wire rod in the forward electronic trading market is Grade II wire rod. Shanghai Futures Exchange delivers three-level wire rods.

Generally, the secondary line is used more when we repair houses, and it is used in real estate, which means that the secondary line accounts for more than 60% of the total usage.

The amount of grade ⅲ silk is small and the quality is good. Usually used in civil engineering and construction, that is, repairing bridges, roads, reservoirs and airports.

Grade III steel accounts for a small proportion of the total steel consumption and has a high quality, so the price is different. Different quality.