Stainless steel belt is expected to offer will continue to steadily run - Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-12
In the short term demand and limited fund release dynamics, whole looks slightly bearish fundamentals remain.
Plus two months before the new non-performing loans have reached more than 600 one hundred million yuan, defaults rose significantly, some Banks began to credit limit on steel industry, it will also lead to enterprise liquidity tight, forcing some factory price for shipment.
In the absence of more positive boost demand, stainless steel belt is expected in the short term is not optimistic.
Demand side, look from the PMI index, is still in the from offline, insufficient demand forecast.
According to market feedback, the uncertainty in thick plate is higher, the current terminal market to take more on-demand procurement strategy, the downstream demand for short-term still maintain a steady speed release, but relative to the upstream supply, for the strong to the weak situation will continue.
in the futures market rebound under the stimulus of the downstream procurement will become positive, shen hot rolled plate volume distributors timely slightly raised at hot mainstream at 10 yuan/ton, market clinch a deal to fair yesterday. But traders to continue to rise in price are more careful, after all, the futures market rebound for how much longer it is uncertain, the insurance for the spot transaction oriented. Rebound in the futures market, combined with the merchants price promotions, clinch a deal yesterday things have improved. In addition, wuxi, jiangyin, in a small plate market prices rebound, also let some downstream enterprises purchase order return to Shanghai market. But it is worth noting that the thick plate production enterprise in northern area of handheld orders, stainless steel belt factory could face a further sell-off in conjunction falls.
the main customer base is relatively stable, traders shipments without big fluctuation, so the market has been quiet. Tube billet prices continue to weak run this week, the upstream pipe mill is not a new policy, coupled with this week is the last week of May Day ago, market stability atmosphere is strong, is expected in the short term that weak stability is difficult to change. Individual terminal lock cargo lift library today, other small and medium-sized general delivery, some small shipments clogged, 10 - benefit 20 yuan/ton. Merchants feedback, although a slight drop in inventories, market weak, but the arrival of the goods is not much, and, in the late order to reduce again, the market turnover will decline gradually. Large inventory, inventory to maintain low, fast forward fast model remains the same. At present there are WenZhongQuSheng peripheral market trend, but local merchants considering the chance of rain today and tomorrow, the downstream site will continue to reduce the purchase quantity, pull up the enthusiasm is not high, temporary is given priority to with watching, price stabilization. Resources, angang and emerging condition. and spot resources is abundant, yong feng stone and cross in lai steel is given priority to with factory to mention. Overall, today's market inquiry telephone is not active, clinch a deal. In the short term traders expected to local construction steel prices will continue to stability. Businesses reflect only slightly fine-tuning individual specifications according to the resource situation, the overall market performance is relatively stable. From the point of present market, the futures market to continuous days, around the spot market price is also gradually gained momentum, a small part of the dominant market rebound. For short-term market, local merchants due to the hands of few resources, therefore the cautious wait-and-see mood is relatively thick, stainless steel belt is expected to offer also will continue to run steadily.
in the futures market rebound under the stimulus of the downstream procurement will become positive, shen hot rolled plate volume distributors timely slightly raised at hot mainstream at 10 yuan/ton, market clinch a deal to fair yesterday. But traders to continue to rise in price are more careful, after all, the futures market rebound for how much longer it is uncertain, the insurance for the spot transaction oriented. Rebound in the futures market, combined with the merchants price promotions, clinch a deal yesterday things have improved. In addition, wuxi, jiangyin, in a small plate market prices rebound, also let some downstream enterprises purchase order return to Shanghai market. But it is worth noting that the thick plate production enterprise in northern area of handheld orders, stainless steel belt factory could face a further sell-off in conjunction falls.
the main customer base is relatively stable, traders shipments without big fluctuation, so the market has been quiet. Tube billet prices continue to weak run this week, the upstream pipe mill is not a new policy, coupled with this week is the last week of May Day ago, market stability atmosphere is strong, is expected in the short term that weak stability is difficult to change. Individual terminal lock cargo lift library today, other small and medium-sized general delivery, some small shipments clogged, 10 - benefit 20 yuan/ton. Merchants feedback, although a slight drop in inventories, market weak, but the arrival of the goods is not much, and, in the late order to reduce again, the market turnover will decline gradually. Large inventory, inventory to maintain low, fast forward fast model remains the same. At present there are WenZhongQuSheng peripheral market trend, but local merchants considering the chance of rain today and tomorrow, the downstream site will continue to reduce the purchase quantity, pull up the enthusiasm is not high, temporary is given priority to with watching, price stabilization. Resources, angang and emerging condition. and spot resources is abundant, yong feng stone and cross in lai steel is given priority to with factory to mention. Overall, today's market inquiry telephone is not active, clinch a deal. In the short term traders expected to local construction steel prices will continue to stability. Businesses reflect only slightly fine-tuning individual specifications according to the resource situation, the overall market performance is relatively stable. From the point of present market, the futures market to continuous days, around the spot market price is also gradually gained momentum, a small part of the dominant market rebound. For short-term market, local merchants due to the hands of few resources, therefore the cautious wait-and-see mood is relatively thick, stainless steel belt is expected to offer also will continue to run steadily.
