Should not be too big - falls in 304 stainless steel belt Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-12
The 304 stainless steel market has entered the traditional consumption off-season, because money is tight and about future expectations are not high, the current is still no generally had winter plan, steel mills in winter contract organization pressure will increase significantly.
Later, is expected to domestic hot-rolled prices or continue to weaken.
Traders in order to avoid unnecessary damage due to lower prices of late give manufacturers for most on the safe side, the current stock trader hand overall level is not high, delivery pressure is not big, but the shipments are not ideal, and Switzerland abundant, forward two leading mills start formal foreign quotation this week, including Switzerland abundant in increase of 20 to 2770 yuan/ton, firm only two days, prices fell again, to 2750 yuan/ton;
Also maintain maintenance before the quotation, but manufacturers go cargo plain;
Strip steel in tianjin region is to resume production time is not long, but now most of the steel mills 'billet is hard to find,' strip resources are limited, but the market did not see 'cherish' phenomenon, in short two weak periodic current resources remain in the supply and demand situation.
Short-term stability mentality is thicker, but for the state of the raw material prices, late to market also expressed concern.
pattern cannot alter long-term supply and demand, the recent steel production will make market stress, restricted to the winter supply exceeds demand, real estate, capital pressure weakness, 304 stainless steel belt market reversed transmission mechanism to suppress price and discount, 05 contracts on weak adjustment pattern. Short-term break a crash, the heavy warehouse confrontation will appear under a new wave of big market, the short-term interest rate cuts expected, funds gradually rebound in key layout, details can be telephone counseling; New legislation or green taxes into hype factors in the future. My department into a line of research, to longer-term in futures market and cash market layout strategy and the actual investment plan, focus of actual combat, quantitative trading strategy guide. The overall steel market prices this week continued the movements of the narrow Yin fell last week, the market clinch a deal, As mid to late arrival, and steel production in the north, after the market makers are increasing worried for resource supply, shipment will strengthen, low resource constantly emerging; And raw material end moves quite uncertain, depressed demand also lead to a weaker pattern, businesses generally lack of confidence. Let's look at this week's pipe, some of the details. Spot market demand more and more obvious atrophy, along with the development of winter trading atmosphere is bad, merchants have different shipments, but overall performance deviation; At the same time, as the steel production, the resources of the south and the north material increased gradually, the market supply pressure increases somewhat, 304 stainless steel belt manufacturers are eager to digest inventory, thus the market price in the downlink channel. Considering the next week is the last week of this month, at the end of the month money pressure and continue to increase the supply pressure will continue to curb pipe price walk good, merchants fund withdrawal operation will be significantly increased; But demand side positive boost hard, therefore, is expected next week deep steel pipe market prices will continue to fall. Take a look at the influencing factors of steel pipe price change next week. The lowest since April this year. Indicates that economic deflation pressure, the Labour market performance is poor, galvanized round steel manufacturing capacity utilization is low, demand side is quite weak. At the same time, the real estate industry is under serial exemption rebound slightly, but overall prices are still falling, and housing inventory to cycle still slants big, therefore, in the short term is difficult to boost demand. When coupled with the demand of seasonal off-season, hong kong-listed overall demand side to improve now.
taken together, the macro aspect still is given priority to with overweight infrastructure construction, while can lift some steel demand, but the overall is limited, there is not much to boost demand; As the temperature is reduced, the market demand downturn situation is difficult to change; The steel mills and production resources supplement gradually increased, manifest the supply pressure on the market next week, the contradiction of supply and demand will further upgrade; Plus next week is the end of the month, money pressure, cash operating frequency, shipment is expected next week steel pipe prices continue downward is given priority to; But now the price of steel tube has been relatively low, mostly has little profit space, 304 stainless steel belt or should not be too big.
pattern cannot alter long-term supply and demand, the recent steel production will make market stress, restricted to the winter supply exceeds demand, real estate, capital pressure weakness, 304 stainless steel belt market reversed transmission mechanism to suppress price and discount, 05 contracts on weak adjustment pattern. Short-term break a crash, the heavy warehouse confrontation will appear under a new wave of big market, the short-term interest rate cuts expected, funds gradually rebound in key layout, details can be telephone counseling; New legislation or green taxes into hype factors in the future. My department into a line of research, to longer-term in futures market and cash market layout strategy and the actual investment plan, focus of actual combat, quantitative trading strategy guide. The overall steel market prices this week continued the movements of the narrow Yin fell last week, the market clinch a deal, As mid to late arrival, and steel production in the north, after the market makers are increasing worried for resource supply, shipment will strengthen, low resource constantly emerging; And raw material end moves quite uncertain, depressed demand also lead to a weaker pattern, businesses generally lack of confidence. Let's look at this week's pipe, some of the details. Spot market demand more and more obvious atrophy, along with the development of winter trading atmosphere is bad, merchants have different shipments, but overall performance deviation; At the same time, as the steel production, the resources of the south and the north material increased gradually, the market supply pressure increases somewhat, 304 stainless steel belt manufacturers are eager to digest inventory, thus the market price in the downlink channel. Considering the next week is the last week of this month, at the end of the month money pressure and continue to increase the supply pressure will continue to curb pipe price walk good, merchants fund withdrawal operation will be significantly increased; But demand side positive boost hard, therefore, is expected next week deep steel pipe market prices will continue to fall. Take a look at the influencing factors of steel pipe price change next week. The lowest since April this year. Indicates that economic deflation pressure, the Labour market performance is poor, galvanized round steel manufacturing capacity utilization is low, demand side is quite weak. At the same time, the real estate industry is under serial exemption rebound slightly, but overall prices are still falling, and housing inventory to cycle still slants big, therefore, in the short term is difficult to boost demand. When coupled with the demand of seasonal off-season, hong kong-listed overall demand side to improve now.
taken together, the macro aspect still is given priority to with overweight infrastructure construction, while can lift some steel demand, but the overall is limited, there is not much to boost demand; As the temperature is reduced, the market demand downturn situation is difficult to change; The steel mills and production resources supplement gradually increased, manifest the supply pressure on the market next week, the contradiction of supply and demand will further upgrade; Plus next week is the end of the month, money pressure, cash operating frequency, shipment is expected next week steel pipe prices continue downward is given priority to; But now the price of steel tube has been relatively low, mostly has little profit space, 304 stainless steel belt or should not be too big.