The domestic stainless steel market prices or give priority to with narrow consolidation -
Tianjin stainless steel co. , LTD
The domestic stainless steel market prices or give priority to with narrow consolidation -
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-13
According to traders reaction basic stability, the price of stainless steel belt market crept up downstream procurement efforts, seamless tube during shipment, now the May Day just after the downstream demand is slightly bigger than before, and guide the strength higher performance to the downstream procurement, merchants holdings now than it was before the flat, it is not by warehouse.
When it comes to the afternoon market in the short term is expected to local seamless tube market still is given priority to with stability.
Today early morning, heavy plate prices on the torque tube seamless market running smoothly.
Understands from the market information, due to the May Day before baotou heavy plate prices in the market of higher stabilization, especially late week price quote, lead to the first day of the holiday, baotou steel trade have remained stable.
Baotou merchants with caution wait-and-see market, merchants response during the May Day, merchants shipments is relatively flat, downstream terminal generally purchase quantity, this also indirectly led to today's prices to stabilize the test market.
Some steel trade, after a week, is expected to baotou medium plate prices haven't changed much, the main market still need to observe the first-tier cities.
Above all is expected later in the baotou plate market is given priority to with stability.
today, the domestic price of stainless steel with small strong trend.
Just watching the market at present, in the short term and temporary stability after quotation, or may increase.
Resources, the majority of steel mills are still in their production stage, the short term market supply should be short;
And spot markets less resources, serious shortage of parts specifications, the prices a little support.
Market mindset, after opening, the businessman or will stabilize the market point of view, because the market resources, less parts business continues to control the shipments, to stimulate the prices continue to rise.
Hot rolled coil plate futures prices rose sharply, or can mobilize the positive market sentiment, drive spot market prices continue to rise.
On raw materials, due to the steel mills limited production at present, impact on consumption, raw material prices also unsatisfactory, difficult to support on the spot price of steel cost.
In terms of the overall market environment, away from the market into the off-season still have a distance, the short-term market price increases, the phenomenon such as out of stock, or can stimulate the market demand.
Based on the analysis of the market at present, the short-term market price or is expected to strong trend.
But it is worth noting that, as the weather is getting hot, air conditioning demand will rise, but if the terminal merchants high finished product inventory, the air conditioning demand for cold rolled at this time will be reduced compared with previous years.
In addition, regional leading steel mills on mid to late April in May in the product price policy, basic with lower tone is given priority to, producer prices for cold rolled steel for cold rolling afternoon doesn't look good.
As a result, businesses more bearish mentality.
For this reason, in the short term is expected to domestic stainless steel market prices or give priority to with narrow consolidation.