Short-term is expected to 304 stainless steel belt rebound has pressure Tianjin stainless steel co. , LTD

At present is still in a state of half open 304 stainless steel belt, generally no foreign offer, has yet to officially open parts manufacturers, more than a handful of firms doing some preparation work, the market gradually warmed up, but wait-and-see atmosphere is strong, market merchants is the continuation of the offer before, Since February sales time is short, most enterprise feedback after stocks slightly increased, but compared to the same period last year increment decreases. Although month settlement prices continue to fall, but compared with the first market hot coil spot prices are still high, and the abundance of settlement price continue to cut, that makes the market confidence fell again, the north China private galvanized resources price affected or will weaken further, on the other hand, due to the vendor before all have certain inventory accumulation, therefore, under the influence of the abundant settlement continue to cut bearish mentality, plus 'pollen' for several years, bearish market, short-term is expected to rebound has pressure 304 stainless steel belt. Partial businessman has not yet returned to the city, the opening of the businessman also are preparing work, rarely real shipment, most downstream customer not yet started, the market is still in the holiday atmosphere. Learned, now medium plate factory price lock resources in north China in 2350 yuan, merchants have bullish, on the one hand is the low level of inventory, also hope to have good start, early to rise in price, but the market reaction. Macro aspect, HSBC PMI 50 initial values. 1, record four months, and the lunar New Year holiday consumption lower than expected, with analysis to cut interest rates more likely. The whole, the plate market is still in the fallow period, price fluctuation space is not large, expected short-term and slightly adjust the plate market.
first, most traders are mainly sales of inventory, but the market demand is extremely low, many businesses failed to reduce inventory, therefore, is expected to give priority to in order to consume the inventory before shutdown after the businessman, a small amount of inventory, and there is no lack of shipment price of may. To sum up, in the short term is expected to fall in local market prices will be stable. In addition, due to the vendor before all have certain inventory accumulation, abundant settlement in countries continue to cut the bearish mentality under the influence of strong, short-term is expected to rebound has pressure 304 stainless steel belt. Is expected on Friday before and after rehabilitation work. And individual has reopened the manufacturer of welded pipe quotation is a little change, after all the mainstream offer does not release, the market is given priority to with watching.