The recent market price maintain small-scope fluctuation - stainless steel belt
Tianjin stainless steel co. , LTD
The recent market price maintain small-scope fluctuation - stainless steel belt
Tianjin stainless steel co. , LTD
by:Hongmei2020-09-08
As construction steel prices hit a record low, a line of stainless steel with market resources has come to the point where down is down, have fallen sharply, plan more demand on market mainstream resources basic flat.
Recent rain and snow weather also prevents the resources into the market, in the north part of the local marketing lows tight resources, market trend of stabilizing the overall price.
Merchants said, after a full shipment in January, partial businessman resources pressure has been released, such as business river steel resources deal business currently only 2 - around ten thousand tons of inventory
Three, individual stock level has been reduced to less than 5000 tons, a rapid release of resources pressure that makes the market bargain will greatly reduced, and considering the settlement cost and market in January by just need to maintain state of trading, stock businesses appear to pull up.
The other from the perspective of the volume of nearly two days, 2200 yuan/ton price may be some merchant's stage at the bottom of the psychological, clear price policy, market trading volume and prices as the strong trend of ascension, but after today's market price 2240 yuan/ton, markets wait-and-see atmosphere to be thick, clinch a deal to turn pale.
Markets fell after two days of chaos, Shanghai cold rolling market weak steady running today.
According to the author, in the form of price change amount form improvement rather than to clinch a deal, even caused the prices have been falling, too, formed the panic market mood.
In another development, because of the price decline is larger, nearly two weeks cold-rolled resources inversion phenomenon is serious, prices continue to fall will only lead to a price war intensified.
The author believes that this market will enter a wait-and-see period, but the price will be appropriate stabilization, stainless steel belt suggests traders cautious operation.
From the point of the market situation, the current south China market faces several big trouble, one: valin arcelormittal agreement product resources constantly challenge the market the lowest price, the purchaser resources too large gap in the face of the market, began to try some new resources.
In this process, the original low resources when facing the pressure of competition of the market, but constantly cut price in order to protect market share.
Second: this year the Spring Festival too late, and the overall performance of manufacturing, factory holiday ahead of time, the demand is pale.
Years ago I hope nothing seems a foregone conclusion already, and years later is still a tougher road, a long way to go.
Merchants doubting this market, not only in the steel mills also is very hard to understand.
But there's no hope, also is not to say that years ago stainless steel belt down again and again purely down may not be a bad thing, the lower the fall may be able to rise, the more but ultimately depends on demand, demand is everything.
Market prices fall again today, and the partial businessman actual shipping price is still lower than the market mainstream price of 30 yuan.
Large market shipments, local businesses are still sells inventory status, but the helpless and weak downstream demand, inventories remain at 2000 tons, because of poor delivery, merchants had no intention of replenishment.
In the short term the local seamless pipe market prices is expected to last stability has a tendency to fall.
Market demand downturn, the businessman price stabilization.
Shipment is slightly better, large shipments - in 200
2000 tons, the cheap shipping is better.
During the end of the price pressure, billet prices steadied, businesses more cautious, recent market prices to maintain small-scope fluctuation stainless steel belt.