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304 stainless steel with merchants more price cut to repatriate funds - so that shipment Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-10
The local market is affected by this today and continue to fall, although 304 stainless steel belt inventory pressure is not large, but, for the sake of money and the holiday market traders or choose cheap shipping. In addition also recently futures continued to fall, the fall in demand, futures on the spot market influence to further enlarge. Local market still is given priority to with shipment next week, traders are still actively follow up the market to control the inventory, in order to reduce the risk of later. Next week is expected to local market will continue to give priority to with weak adjustment. Businessman says, seasonal and cautious outlook makes the recent market delivery, low price shocks, but considering the cost restriction, the market had to run stability trend, but recently some leading steel mills voluntarily cut guide price in January, tangshan h-beam conveniently with the market price drop. Price adjustment, however, did not produce much pull on demand, market is still light, delivery in this climate, limited trading business is expected to years ago, the market price or the shipment will be a downside to promote control inventory risk, and rise in space for years. Prices fell more than 100 yuan/ton, parts of the city or even close to 300 yuan/ton; Most of the varieties of steel prices have hit a new low over the years; At the bottom of the steel price of has come, not surprisingly, recent market will gradually appear bottom up goods phenomenon, 304 stainless steel belt or the possibility of a slight rebound. It is understood that the previous has launched by rebar futures, combined with dalian launch of iron ore, coking coal and coke futures, and plans to launch the hot rolled plate, the steel industry chain from raw material to end products, each link are established futures varieties. Rich futures varieties, to the industrial chain and investors locking risk, the realizing methods of hedging provides diversified and convenient. Hot-rolled coil, we know that the board is mainly used in manufacturing a large varieties of steel, hot-rolled coil, our country is the world's largest producer, consumer and exporter. Launch of hot rolled coil plate futures is the objective requirement of the iron and steel industry development in our country, will be related to the iron and steel production, consumption and circulation enterprises to provide effective price risk management tools. Hot-rolled coil, at the same time, the board has good policy and spot market basis, in line with the underlying conditions as a commodity, and the development of the basic condition of futures are relatively mature. We from hot-rolled coil stock market trends, China's spot market, in fact, to some extent have begun to lead the international hot rolled plate volume market, but the mechanism is not perfect enough, the author believes that with the addition of hot rolled plate roll of futures market, can make China has the international market pricing power, or become a pricing in the hot-rolled coil, for the late rebound.
at the same time, the development of China's market economy is also changed, our awareness of steel market, including our management and operations of the futures market has been quite mature, we can see many varieties are very mature futures market, this is a problem of market development. That is to say, we quite mature futures market development, people's risk awareness of the futures, including some of the rules of the management, including regulation, we should be familiar with it, so we can for hot rolling steel futures upcoming strategizing it is not surprising. Taken together, yesterday market sustained concussion downlink consolidation. Volume, less sales pressure increased, 304 stainless steel with merchants on shipment to repatriate funds. Now is the market price is still given priority to with weak adjustment.
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