Supply pressure is not big - 304 stainless steel with overall resources Tianjin stainless steel co. , LTD
by:Hongmei
2020-09-10
Recent central south and northwest regions of partial businessman appeared ready for the operation, but the store cargo co. , LTD. , businesses wait-and-see mood is thicker.
Outdoor project, in succession the shrinking demand, manufacturers shipped in continue to reduce, at the end of most in charge of the factory production, maintenance plan, so the 304 stainless steel with the overall resources supply pressure is not big.
Later, welded pipe market continues to weak in the wait-and-see.
For the traders to see this year, more than 90% of the stock up going to have to give up, especially in view of the current tube factory to cut seamless pipe factory price, more heavy traders wait-and-see attitude.
No matter how the market after the Spring Festival?
All does not inspire traders desire to stock up.
The upstream raw materials from the point of the peripheral market, is still not completed bottoming, wanders up and down shocks, end demand more don't play a supporting role, the stock market starting high Yin fell.
And euro QE since its launch, depreciate the renminbi.
For euro not such as on the effectiveness of QE so fast, the effect of, after all, countries of different economies vary, but one thing is the QE for economic stimulus has a significant role.
So late national currency war will continue to burn.
From the point of short-term domestic market, continue to weak downward is advocate fundamental key.
According to the feedback, since the two working days before this week, the market price has been tired fell 150 yuan/ton, throughout the 304 stainless steel with panic over pessimistic atmosphere, the downstream demand remains weak, merchant shipping.
And stores inventory pressure, for the present and into the end of the year, funding pressure also gradually highlights, merchants for shipment, only by price in quantity of sales approach, so the material is still in the short term will continue to be weak.
It seems that businesses close to a ten-day resource prices temporarily not hang.
Are still differences, but the market in a line of quotations with a shortage of specification under the support of demand, prices are relatively strong, while the rest of the business has a price.
Results: the recent deal is normal, but the businessman mentality cautious, is still in the low of the mainstream, especially the continuous rainy weather recently, will continue to bring some pressure to market price.
The peripheral market, tianjin steel pipe factory prices continue to weak white today, Shanghai, changsha, nanchang, construction steel prices fell 10 -
30 yuan/ton.
Whole, short-term market continue to weak, the businessman mentality pessimistic, expected market price is still lower.
It seems that businesses close to a ten-day resource prices temporarily not hang.
Are still differences, but the market in a line of quotations with a shortage of specification under the support of demand, prices are relatively strong, while the rest of the business has a price.
Results: the recent deal is normal, but the businessman mentality cautious, is still in the low of the mainstream, especially the continuous rainy weather recently, will continue to bring some pressure to market price.
Due to heavy plate in the local area market prices have been low, so in order to adapt to the market, the local medium plate prices also appeared different degree of cut.
According to business feedback that, at present because the market demand is still weak, and the effect of 304 stainless steel belt are still in the off-season, so the market price is hard to get better, even not rule out the possibility of quotation to fell, merchants also is very helpless, for this for the afternoon is more confused.