This week the national prices are still weak - stainless steel belt Tianjin stainless steel co. , LTD

This week the national stainless steel price trend is still weak, poor demand and inventory of the larger market prices continue to sharply lower in guangzhou and chengdu. Guangzhou demand because of the influence of the recent rainy is poorer, the north resources still arrive in port, a steady stream of causing a huge increase in guangzhou stock for two weeks. At present has reached 1. 17 million tons, two weeks is an increase of 150000 tons, inventory pressure prices fell sharply in a row. And the price of chengdu area market suffered large inventory pressure, quotation is falling. Most of the other region to follow the trend weak edged lower price. Merchants reflect, this month settlement price is relatively low, operation good stores and some profit. Settlement price, market trading volume slightly enlarged, the beijing-tianjin region traders offer slightly raised. Settlement price, hebei iron and steel price policy, Beijing area each big traders level 3 big thread quotation, sales price is not less than 2220 yuan. Price policy, merchants offer rose to the position, but the actual transaction price did not reach this level, merchants dark drop more. Stainless steel belt inventory has been slightly higher than the same period last year, its highest level this year after the Spring Festival is lower than last year, nearly 300000 tons, also directly reflects the demand of low degree. Currently on the market cold-rolled resources is not much, but according to traders feedback, even if the stock is less, but the price is also difficult to maintain a strong. Most end demand on-demand procurement, tended to money to the sidelines, clinch a deal difficult to volume under the requirements of the downturn, for shipment, have to depreciate sales promotion. Again, when the end of the month, under pressure to debt collection order, in order to repatriate funds, merchant cash will stronger.
policy efforts more and more big, our market is more and more numbness. In the short term, these policies for galvanized square pipe market econonmy will be limited, we also have to suffering in the downturn. But who can guarantee the country continues to these policies, cannot lead to a demand recovery, hong kong-listed better? Nearly three years, the hong kong-listed prices are running in the down channel, everyone is always short ideas in operation, fast forward fast, low inventory, and our economic growth up to the national also can accept the bottom line, countries began to sustaining economic growth. Under the background of the policy shift, the author thinks that our operational policy should also changes, short ideas should gradually shift towards long train of thought, at least to neutral way of thinking. The recent steel price, though still can continue to run in the weak, the price may also be slightly lower again, and do not rule out the possibility of broken before nadir. But who can guarantee that, after so many policies on demand won't flared at some point, our stainless steel belt continuous rising prices will not happen again? The author thought that this year's quotation, make steel spot, have more chance of profitable inventory than no inventory, especially into the second half, remains to be seen.