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304 stainless steel belt - stores inventory difficulties Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
Northern steel mill order price cut again, drive market prices fall more accelerated, 304 stainless steel with the market price is a mess, some traders said the customer know the market average after the price down, so we have to cut prices before dispatch.
The individual businesses slashed its price is lower the overall price is aimed to repatriate funds, don't want to inventory.
Expected short-term domestic medium plate market prices will continue to weaken.
Mainly upstream raw materials continue to slide, loose tube factory ex-factory price, the market listing price support wanes, combined with the downstream customers with orders to reduce procurement has dropped, comprehensive above factors, the possibility of falling prices and the market at present, traders inventory currently willing is not enough, is main or confidence is not strong, wait and see.
Specific to the market changes, local leading brand ', in early trading, although continue to steadily, but the dealer price cut, there are still facing the demand of the slow growth in the doldrums, inventory, market intentional stability, but it is still difficult to stop falling.
And market feedback is 304 stainless steel belt, east China giant yesterday startling shagang resources, individual agents only clinch a deal in 2350 yuan/ton, reflect the current market the weak state of mind.
according to the feedback, the market in 2440 - cheap resources 2460 yuan/ton can clinch a deal, and the individual specifications bargaining range is still expanding, the market mentality unstable, partial businessman panic cast goods. The thin still more resources, and steel mills to speed up the delivery schedule, resources, focus on Shanghai stores selling pressure. The author thinks that, at present the market resources in circulation, the end user is in no hurry to purchase, and with the holiday approaching, the end user if the order is not much, may leave in advance, when merchants shipments may be more difficult. Inventory and demand very weak hard to return, market in a rising channel, downward price was no surprise. To sum up, shen hot roll today market is expected to give priority to in order to continue to weaken. Feedback from the market, the Shanghai market prices continue to fall under 21 prices tumbled, 22, the market is hard to stop falling, market resources on the arrival of the goods, merchants delivery pressure surge, while prices fell again, but it's hard to get sales, is expected in this downturn, under the situation of the short-term market will continue to test 304 stainless steel belt. Market prices fell again in the wuhan light volume allows firms choose to reduce the price, combined with the phase volume and billet prices weakening, businesses generally bearish market outlook, expected short-term wuhan market prices will continue to weaken. Part due to the year nearly, shagang traders inventory is still high, under the falling prices, led to jilt goods phenomenon, then the whole market to fall further. Because every time after a sharp drop in prices, the market may have certain digestion phase, led by the ship may well into the short-term period of consolidation. Resources, in the case of the billet is so low, although the production of larger efforts, but a line of steel plant resources, continues to the arrival of the goods in the end demand shrinking, despite the outstanding contradiction between supply and demand, construction steel prices weak hard to change. Yesterday market clinch a deal is still cold and cheerless, prices accelerated, and focuses on resources in the library phenomena still not ease, stores inventory pressure is still rising. According to the feedback, market led by low-cost resources, businesses frequently cut offer, but demand side response is not big, 304 stainless steel belt business inventory problems.
according to the feedback, the market in 2440 - cheap resources 2460 yuan/ton can clinch a deal, and the individual specifications bargaining range is still expanding, the market mentality unstable, partial businessman panic cast goods. The thin still more resources, and steel mills to speed up the delivery schedule, resources, focus on Shanghai stores selling pressure. The author thinks that, at present the market resources in circulation, the end user is in no hurry to purchase, and with the holiday approaching, the end user if the order is not much, may leave in advance, when merchants shipments may be more difficult. Inventory and demand very weak hard to return, market in a rising channel, downward price was no surprise. To sum up, shen hot roll today market is expected to give priority to in order to continue to weaken. Feedback from the market, the Shanghai market prices continue to fall under 21 prices tumbled, 22, the market is hard to stop falling, market resources on the arrival of the goods, merchants delivery pressure surge, while prices fell again, but it's hard to get sales, is expected in this downturn, under the situation of the short-term market will continue to test 304 stainless steel belt. Market prices fell again in the wuhan light volume allows firms choose to reduce the price, combined with the phase volume and billet prices weakening, businesses generally bearish market outlook, expected short-term wuhan market prices will continue to weaken. Part due to the year nearly, shagang traders inventory is still high, under the falling prices, led to jilt goods phenomenon, then the whole market to fall further. Because every time after a sharp drop in prices, the market may have certain digestion phase, led by the ship may well into the short-term period of consolidation. Resources, in the case of the billet is so low, although the production of larger efforts, but a line of steel plant resources, continues to the arrival of the goods in the end demand shrinking, despite the outstanding contradiction between supply and demand, construction steel prices weak hard to change. Yesterday market clinch a deal is still cold and cheerless, prices accelerated, and focuses on resources in the library phenomena still not ease, stores inventory pressure is still rising. According to the feedback, market led by low-cost resources, businesses frequently cut offer, but demand side response is not big, 304 stainless steel belt business inventory problems.
