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Short-term upward slightly - stainless steel with price stability Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-13
Although phase steel open slightly higher in early trading today, however, on the spot with stainless steel market is still difficult to have a leading role, due to the late shipment not free as well as to the market is not optimistic, merchants offer remains cautious.
Morning opened in Shanghai, Beijing and other peripheral market temporary stability mainly wait-and-see.
Phase plate, steel obviously the diving, and again hit the spot market, although there was a lift near late, but it is difficult to boost market confidence, a few market prices fell slightly again in the afternoon.
Guangzhou market today shipment is still not ideal, the money is tight, inventory is still high, a strong appetite merchant shipping.
Screw 1410 sideways consolidation, it also makes the stock traders more wait continue to offer flat.
Market perspective, local merchants shipments, daily turnover in more than 100 tons of basic level, the overall performance.
In addition, yesterday though, angang has to go to rebar ex-factory price cuts and tax 100 yuan/ton, but the spot market performance is not obvious, the early stage of the main business has caused by ultra falls.
although it well in the factory the earnings, but the finished product material cost does not continue to decline, given the part of the early has settlement businesses, steel mills in pretty price will a bit strong, but the price obviously lack of demand. Merchants said, from the point of this settlement policy on steel, basically reached the same level of the previous sales resources and a small amount of resources gained, next order or will continue to increase, mainly according to the condition of capital operation. As the market is generally low inventory, short-term stainless steel with the adjustment of price for small market impact, instead the market price is in close to the bottom, recent or the merchants in the behavior of the bottom, according to GeChang policy advice also when considering the order.
may at any time to weigh the fragile nerves, before release risk not fully price upward flexibility will be smaller and smaller; And below marginal cost squeeze supply requires a certain amount of time. So, the price is low volatile time will be stretched, is likely to be even after a certain time of consolidation, iron ore prices platform to the next step. Hot rolled products from the market rules, scarce before 7. 75 - 9. 75 mm specifications such as supplement, the recent price in 3600 yuan/ton, but hot rolling thick total volume is still small, so the major agents offer remains strong. The arrival of the goods is not much, recent market thin volume resources preliminary inventory digestion, recently the price is relatively stable. But such a stable market has two level 3 dealer does not have the operational space, this year the market activity is decreased obviously. Considering above supply situation and is expected to short days of joy from the hot roll price consolidation will continue to run. Surrounding the leading market price quotation today is relatively strong, merchants offer slightly small recovery in the local market. According to market feedback, the current relatively fewer resources, serious shortage of specification, the late not many resources transshipment. Specifications based on the current inventory, with irregular factors, such as short-term slightly upward in stainless steel with stable prices.
although it well in the factory the earnings, but the finished product material cost does not continue to decline, given the part of the early has settlement businesses, steel mills in pretty price will a bit strong, but the price obviously lack of demand. Merchants said, from the point of this settlement policy on steel, basically reached the same level of the previous sales resources and a small amount of resources gained, next order or will continue to increase, mainly according to the condition of capital operation. As the market is generally low inventory, short-term stainless steel with the adjustment of price for small market impact, instead the market price is in close to the bottom, recent or the merchants in the behavior of the bottom, according to GeChang policy advice also when considering the order.
may at any time to weigh the fragile nerves, before release risk not fully price upward flexibility will be smaller and smaller; And below marginal cost squeeze supply requires a certain amount of time. So, the price is low volatile time will be stretched, is likely to be even after a certain time of consolidation, iron ore prices platform to the next step. Hot rolled products from the market rules, scarce before 7. 75 - 9. 75 mm specifications such as supplement, the recent price in 3600 yuan/ton, but hot rolling thick total volume is still small, so the major agents offer remains strong. The arrival of the goods is not much, recent market thin volume resources preliminary inventory digestion, recently the price is relatively stable. But such a stable market has two level 3 dealer does not have the operational space, this year the market activity is decreased obviously. Considering above supply situation and is expected to short days of joy from the hot roll price consolidation will continue to run. Surrounding the leading market price quotation today is relatively strong, merchants offer slightly small recovery in the local market. According to market feedback, the current relatively fewer resources, serious shortage of specification, the late not many resources transshipment. Specifications based on the current inventory, with irregular factors, such as short-term slightly upward in stainless steel with stable prices.
