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304 stainless steel belt price expectations or still weak next month to give priority to. . . Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-06
Recent 304 stainless steel belt market funds pressure is too great, businesses subject to more, some merchants in the amount of unfinished plan sell-offs phenomenon, some businesses increasingly strong wait-and-see attitude, careful to afternoon operation, the majority of traders to maintain low inventory operations, this month as a whole to maintain down tight trading range, with the advent of the Dragon Boat Festival, the national market recently is expected to remain weak.
continue after this week, domestic steel market, the price of some cities further to the bottom, individual cities overall situation is relatively stable, some merchants offer relatively strong, low inventory under the condition of relatively complete in specifications, merchants actively shipments, in demand of poor areas, most JiaGongHu orders decreased significantly, conservative traders to hold on, the enthusiasm of replenish onr's stock is bad, give priority to, in great increases with the increasing in billet prices rose slightly, also did not significantly improve business shipments, traders still cautious wait-and-see attitude now, because now close to the end of the month, money collecting pressure, merchants cash will more strong, in this case, to estimate the optimal next week steel prices or sideways bottoming.
the market mindset: this week domestic superior special steel market prices are lower in most cities, the end of the month for collecting funds, merchants mentality tend to cash delivery, sales continue to actively shipment, clinch a deal the small dark down; End of rainfall in north China, the weather turns good, but 304 stainless steel belt market clinch a deal has not a significant increase, continued weak downstream demand, shipments continued in normal low level, merchants maintain positive wait-and-see attitude; At present the south market demand has been weak, merchant shipping is generally poor, some merchants few feedback daily trading volume, market price cut space remains of the late, taken together, funding pressure at the end of the month to heat up, the Dragon Boat Festival draws near, the holiday is expected next week, the national excellent steel market prices continued to run or disadvantaged consolidation. At present, since the market has been in a downturn in May, stores inventory is very cautious, in most of the merchants have to maintain a low inventory operation, so the whole inventory pressure is not big, can predict collective slide behind the goods won't happen next month. Demand for steel is the most direct factors restricting steel prices to rise. No obvious positive policies to stimulate the iron and steel industry in the economic environment demand, looking forward to a relatively high and can continue to demand little chance, macro without substantial positive in the short term, demand is difficult to have improved markedly, 'stimulus' if overweight and steel mills cut effect appeared again, do not rule out the possibility of low pull up, consider the demand side, the financing side that continue to destabilise hong kong-listed two big support pattern of short-term weakness is still difficult to reverse, sadness and traders mentality, 304 stainless steel belt price expectations or next month is still weak, amplitude in a month or similar about 50 ~ 80 yuan/tons.
continue after this week, domestic steel market, the price of some cities further to the bottom, individual cities overall situation is relatively stable, some merchants offer relatively strong, low inventory under the condition of relatively complete in specifications, merchants actively shipments, in demand of poor areas, most JiaGongHu orders decreased significantly, conservative traders to hold on, the enthusiasm of replenish onr's stock is bad, give priority to, in great increases with the increasing in billet prices rose slightly, also did not significantly improve business shipments, traders still cautious wait-and-see attitude now, because now close to the end of the month, money collecting pressure, merchants cash will more strong, in this case, to estimate the optimal next week steel prices or sideways bottoming.
the market mindset: this week domestic superior special steel market prices are lower in most cities, the end of the month for collecting funds, merchants mentality tend to cash delivery, sales continue to actively shipment, clinch a deal the small dark down; End of rainfall in north China, the weather turns good, but 304 stainless steel belt market clinch a deal has not a significant increase, continued weak downstream demand, shipments continued in normal low level, merchants maintain positive wait-and-see attitude; At present the south market demand has been weak, merchant shipping is generally poor, some merchants few feedback daily trading volume, market price cut space remains of the late, taken together, funding pressure at the end of the month to heat up, the Dragon Boat Festival draws near, the holiday is expected next week, the national excellent steel market prices continued to run or disadvantaged consolidation. At present, since the market has been in a downturn in May, stores inventory is very cautious, in most of the merchants have to maintain a low inventory operation, so the whole inventory pressure is not big, can predict collective slide behind the goods won't happen next month. Demand for steel is the most direct factors restricting steel prices to rise. No obvious positive policies to stimulate the iron and steel industry in the economic environment demand, looking forward to a relatively high and can continue to demand little chance, macro without substantial positive in the short term, demand is difficult to have improved markedly, 'stimulus' if overweight and steel mills cut effect appeared again, do not rule out the possibility of low pull up, consider the demand side, the financing side that continue to destabilise hong kong-listed two big support pattern of short-term weakness is still difficult to reverse, sadness and traders mentality, 304 stainless steel belt price expectations or next month is still weak, amplitude in a month or similar about 50 ~ 80 yuan/tons.
