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In the short term prices will remain weak consolidation run - stainless steel belt Tianjin stainless steel co. , LTD

by:Hongmei     2020-09-08
Today the opening with a stainless steel market price stability in the fall. Understands from the market, market clinchs a deal remains weak today, early stage screw again run low opening shock, causing unstable market confidence, to reduce small businesses are part of resource price. Also learned from partial businessman, overall situation of inquiry today still less, together with the late rainy season comes, the demand will be more weak, the merchants for afternoon mentality is more pessimistic. From the current form, the short-term demand picks up already, combined with the light rainy season demand, price or will further be silenced, the rainy season in a short period of time Shanghai building materials prices or will shock downward.
today's domestic hot-rolled coil plate prices slightly weaker. Hot-rolled prices continued downturn, today's prices, some domestic major cities drop 10 - 20 yuan. But most of the major regions still insist on offer. Parts of lower-tier cities prices also fell, fell slightly bigger than the first-tier cities. In terms of the current domestic market, stabilize the market price is still the majority of merchants. Based on the current market slow, weak merchant shipping late and stainless steel with market sales pressure or had a tendency to increase. Demand for the market at present, is the most troublesome problem, although preliminary businessmen hope that through the price adjustment to stimulate the market demand, but the downturn market price adjustment cannot arouse the enthusiasm of terminal purchasing. The weather is getting hot, the market is about to enter the off-season period, the market demand in the short term or difficult to grow, and merchants also don't want to market prices continue to fall, or will continue to be stable in the short term. Domestic spot resources, although small, regional resource relatively complete, the mainstream specifications based on fewer market trading volume, while the market has a small amount of resources are added, but the majority of merchants in the near future will not increase too much inventory. On futures, futures rose after a few days ago, stainless steel belt today began to appear small drop, drop $17, until now already dropped to 2460 yuan. Futures prices fell, difficult to produce a positive role to adjust the mood. Based on the analysis of the market at present, is expected to remain weak in the short term market prices or stabilizing operation. Yesterday around clinch a deal the situation changed, gradually enlarge the influence of seasonal factors, affect the market demand. Steel supply has decreased, however, such as the beijing-tianjin-hebei region affected by river steel's steel mills GaXian repair parts specifications have begin to present out of stock situation, make the most of specifications can maintain price stability. The contradiction between supply and demand in the short term will maintain the status quo. Today afternoon billet prices haven't changed much, steel futures closed down. Tomorrow is expected to domestic construction steel market prices weak volatility. Recently, the upstream market price weakness, clinch a deal with lighter, tube factory is affected by its hesitate mentality, ex-factory price quote on the sidelines. Markets, influenced by earlier upstream prices weak downward, the downstream demand, recently local welded pipe Yin fell more than price, traders pessimistic attitude. Feedback, according to traders, businesses generally flat into flat out at present, in return for more. More individual merchants years ago inventory is sufficient, and shipping prices have a pressure again, inversion phenomenon is very serious. In view of this, a local businessman negative face, passive operation, wait for afternoon can has his opportunity. To sum up, in the short term price of stainless steel with vulnerable consolidation will continue to run.
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