According to the feedback, with high temperatures rising market demand is weak, the overall volume of tepid, merchants offer had to secretly fall, part or even slightly lower shipping price.
Steel, 304 stainless steel belt price policy, in line with market expectations, galvanized grade wood basic flat, and alloying of galvanized high strength steel galvanized, has cut could see, the steel mills confidence remains low.
Stock market, such as wuhan, benxi steel galvanized the arrival of the goods is still insufficient, the market out of stock is relatively obvious, shipping speed is slow, and some resources business inventories are still relatively high.
In the afternoon, galvanized to demand a change, the Shanghai market prices or continue to disadvantaged consolidation.
Specific to the market situation, screw plunge in early trading, making markets wait-and-see mood thicken, dealers said period screw 'beautiful jump' to business suddenly turn pale, lead to partial variety price slightly back, late, he said, the market for something to cheer about the 'battle' of the next trading day.
On the volume of it, the market situation is in the previous session is slightly better.
the arrival of the recent steel plant, stock market is still in low level, for the basic balance, merchants fund pressure is not big, don't want to sale, offer firm.
Partial businessman said that market prices flat for a long time, do steel agreement also difficult to profit, inventory or stock up and increases the risk of the fund, can fast forward quickly, accelerate cash flow.
Some dealers think that steel export orders increase, and lower inventory will drive the market rebound again, this month from 304 stainless steel factory is the amount of additional agreement, and the behavior of the individual the mainstream market, the recent have a small amount of the goods.
Have to say, low inventory in the market, the market mentality also produces change, short merchants change expectations, part of the firm have agreements to compile a steel mill, but most of the steel trade business still bearish, think outside the ore prices continue to fall, port stocks rose to a record high, steel mills profit space to expand, production enthusiasm is bound to get stronger, cost support, coupled with the north, south the rainy season, the field weakening demand, prices have rebounded space.
in the short term, the businessman without inventory pressure, part of the resource shortage phenomenon will continue, as a result, the sale will not strong, but subject to tepid demand status quo, no, momentum is expected to short-term price remained consolidation trend.
Reduce the high resources.
The arrival of the recent market is relatively less, the businessman inventory is in steady decline more channels.
According to incomplete statistics, at present the local market maintained at 1 - large inventories
Between 30000 tons, inventory pressure well.
Clinch a deal, demand is relatively general, partial businessman shipments, daily turnover for - in 300
700 tonnes.
304 stainless steel with business ideas about afternoon cautious, the operation is given priority to with cost reduction, multiple shipments.
