Price or continue weak - 304 stainless steel belt
Tianjin stainless steel co. , LTD
Price or continue weak - 304 stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-05
According to merchants feedback, local 304 stainless steel belt recently price and price in the upstream resources for the arrival of the goods, under the premise of weakening, did not get too much volatility, but some resources continue to have a small dark falling phenomenon, the market price as a whole is given priority to with steady.
Present end demand is weak, weak return, combined with the near late, capital market pressure, merchant shipping consciousness enhancement, some dark falling sales, but the downstream reaction, market clinch a deal not improved significantly, the market cheap resources.
Market feedback, with the recent steel billet and screw down, steel mills for indication of lack of confidence, steel trading business is still about future bearish.
Taken together, in the market is not obvious positive support, is expected in a short period of time the local material market price or weak.
Weak market prices downward, most regions of the country is given priority to with stable price.
Opening today, learned the news from the market, most of the steel trade business today shipments have improved but not by much, most of the reported to the price, is the result of the merchants to test the market, with the improvement of steel mill shipments, each product specifications are more complete, are plentiful.
The steel market prices have suppressed, but up to in late may, around downstream terminal site starts to increase, the market demand, for the domestic steel market has played a supporting role.
So at present the steel trade market outlook estimates vary, but from the market point of view, some business confidence has increased.
To sum up, in the short term is expected to domestic medium plate market prices or disadvantaged consolidation pattern will continue.
today, taiyuan welded pipe prices weak steady run, the market clinch a deal.
Recently, the raw material prices are weakening, 304 stainless steel belt affected by upstream today ex-factory price continues to decline, the overall about future didn't look good.
Market, for the weakness of the upstream adjustment, local traders temporarily choose smooth quote, delivery more earlier.
Merchants reaction, with the weakening of the upstream prices, this is not a positive downstream procurement wait-and-see attitude more thick, the mood is more anxious.
The trader operation still is given priority to with cautious conservative, the inventory is not big.
To sum up, if the upstream prices continue to weaker downward, the short-term local welded pipe or would consider a slight fall to stimulate the market clinch a deal.
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In recent days peripheral building materials market as the price of the whole back, plus terminal purchasing power is not enough, the overall deal and disappointing.
Affected by the local mainstream price dip, this morning by 20 yuan/ton.
Understands, according to the market, raw materials, tangshan billet today no rebound, steel price cost support strength is weak, the steel price stability, higher fatigue, tangshan, changli carbon billet ex-factory price 1980, price stability.
According to the businessman feedback, current tight finances, business to universal, the afternoon is given priority to with shipment on operation, cash out psychological obvious, the basic task of the current business is to inventory is given priority to, so in the actual transaction has certain preferential.
Comprehensive consideration, is expected in a short period of time or continuation of the price of 304 stainless steel with weak run.