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Domestic stainless steel with the market price or will stabilise next week - Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-08
The recent turbulence in stainless steel with raw materials, the cost is unable to support, the terminal with the desire is not high, the market can't drive, influenced by the north environmental production, market inventory. Recent macro without a good policy to stimulate the downstream demand, the businessman reimbursement pressure increasing, eager to repatriate funds, manufacturers have consciously on quantity. The other tube city consumption off-season is coming, the north gradually turn into winter, finished product material from aggravating the south needs; Consider the downstream industry downturn, demand cannot drive pipe city, merchants more pessimistic views about afternoon. For square tube, the small fell, on the one hand, because the raw material. Highlighted on the other hand is due to various pressure, inventory pressure remains, merchants is eager to steam again capital pricing initiative stimulate shipment; Although for seamless tube, the tube billet steady this week, but consider the terminal purchasing fatigue, private tube factory, insufficient funds, high inventory, downstream demand retraction will only aggravate burden. Therefore in the short-term market run, to small drop probability is larger. No guidance on the spot market. The arrival of the goods is not much, and steel plant stock is declining in the channel, businessmen mentality, operating on the continuation of the accompanying shipment, but could not improve the downstream demand, market clinch a deal the generally low and high resource lack of attention, and drained at the end of need, positive shipment is still the mainstream. For afternoon, although consider funding pressure in early to remain on hold, and next week general cargo transshipment, but the downstream demand remains weak, stainless steel with the market price and space are limited, is expected to narrow short-term price consolidation is given priority to. Type profile falling prices this week, city weak hard to change. Since the National Day, profile market performance has been good, steady rise in price, and the wave of deep price in this week, there is no doubt that before pull up to a full stop. Although from Friday's clinch a deal, market procurement is positive, but on the one hand, this is just a low resource volume surged, the acceptance of the market to the high price is still very low; On the other hand, the periodic replenishment demand does not support the recovery. Coupled with the manufacturers generally operate carefully, because of the pressure of funds to afternoon pessimistic views. Comprehensive, expects the market next week is weak. Macro good flooding the market this week, though not to hong kong-listed rebound sharply, but very good inhibits the market price callback. For vendors no longer state, of course, money, loans, demand and inventories are firmly bound with the change of the market, many vendors have regional to quotation very numb, decreasing interest. When the production will decline, the market price will be under the condition of the artificial high; For this week, the city may be weak. After all demand began to gradually retraction, and also in the cold north, weak market demand situation will continue. The domestic stainless steel with the market price or next week is expected to stabilize is given priority to, small part continue to fall.
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