Is expected to take short time stainless steel market prices continue to keep disadvantaged consolidation is given priority to. . . Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-10
Shipment today, stainless steel belt price dropped significantly, the market remains generally.
After a week of weak downward, near the weekend raw material market finally stop falling stabilizing, but continued downturn finished material market clinch a deal.
Tube factory, affected by upstream prices stabilised, ex-factory price to quote.
Markets, although the trader's price will is stronger, but due to the tube factory pricing resources just the arrival of the goods, the market finally hold down pressure, local welded pipe prices to fall.
Businesses generally reaction this new site is not much, after finish last finishing engineering, recent significantly weaker than in time of shipment, or is still not optimistic.
In view of this, traders with the negative, the operation is given priority to with cautious wait-and-see.
To sum up, taiyuan welded pipe market prices in the short term will be disadvantaged consolidation.
In early trading market merchants flat quotation, after last week's market prices weak, short-term will see shipments.
Shipment due to the downstream demand remains weak, the businessman is relatively weak, stainless steel belt business inventory pressure appearing at present, in order to shipment, actual market clinch a deal the price bargaining space.
Downstream, on the other hand, the real estate market is still low, traders, delivery market inventory is slow.
According to traders reaction, is about to enter the rainy season, so in the first half of the demand may not have better, price is also difficult to improve.
The author thinks that, at the end of the tension on the financing side, steel trade business mainly drained, shipping, in a short period of time the local material market is expected to continue to give priority to with low volatility.
Market, the recent raw material prices, together with the tube prices stabilizes the market as a whole response lag slightly, stainless steel belt today offer temporarily stabilized.
This wave of price adjustment market reaction overall shipments weakening, end demand less than the market price of steel support is limited, traders afternoon for most pessimistic seen;
But restricted by resource cost prices, coupled with traders pricing is not positive, late with limited size reduction.
On the inventory, we are ready for the market relatively cautious, the businessman more wait-and-see shipment, increases with the increasing in the market a large resource of around 2000 tons.
In the short term is expected to Qingdao welded pipe prices or disadvantaged consolidation.
It may be the main reason for the downgrade, due to the rumors on the market at present already stop production for a few days of Jiang Xin environmental protection inspection has been approved, the furnace temperature of recently, thus led to the tube factory downgrades of seamless pipe factory price.
Markets, according to traders to reflect, at present the market situation, prospects for a lost, although the state vigorously promote steady growth, but still need time to implement, and pipe, tube factory has been in weak downstream market, recently is cut, it brought more to traders.
When it comes to the afternoon market in the short term is expected to local still is given priority to with weak steady running.
Understands from the market, with period open screw higher in early trading today run high and volatile, slightly downstream demand stimulation, improve market clinch a deal, combined with the local inventory pressure is not big, the merchants offer is given priority to with stability.
As local gradually close to the rainy season, still relatively shortage of funds, combined with the short-term site in the local market demand in the short term is difficult to rebound.
Is expected to take short time stainless steel market prices continue to keep disadvantaged consolidation.