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With a 304 stainless steel market has low-cost resources to rebound - space Tianjin stainless steel co. , LTD
by：Hongmei
2020-09-09
According to the analysis, in 304 stainless steel belt on the market, prices fell as a whole.
Weak medium thickness plate price consolidation, the main market price fluctuations.
Among them, market of Shanghai, chengdu and other minority tons price rise in 10 to 30 yuan, guangzhou, tianjin and other places there are 10 to 40 yuan.
The current steel futures and electronic trading forward prices keep falling, spot market clinch a deal is cold and cheerless, merchant's mentality is more pessimistic.
Market participants, even after the relatively high price of resource, offer a cut in the downstream of acceptance or low, clinch a deal.
Hot-rolled coil is disadvantaged consolidation, off-season characteristics is very obvious.
Partial businessman, said to the market before the Spring Festival, there are still rising expectations, only concerns rise boundless, but increase the risk of the holiday market.
The last two years after the Chinese domestic hong kong-listed, steel prices have been tumbling.
is expected to domestic thermal coal market supply and demand will remain preference pattern of years ago, the price of coal years ago still have some back up space. And the price of the futures market, dragged down by the funds last week to break a downward sharply discount, may provide the market with a good opportunity to buy on dips. 'In the second half of the year, countries timely release a series of 'steady growth, lower limit policy signals, gradually warming and entity economic recovery led to industrial production. In October, the early rising international coal prices rise, the international sea freight and other factors, the coal purchase demand continues to release, the major businesses increase sales price '304 stainless steel belt. Although said that this round of steel mills slashed ex-factory price, make the market selling price of the amplitude have narrowed, but adjusted ex-factory price and the current market prices still have upside down. Although shagang cut ex-factory price, but there still exists certain inversion phenomenon, at present market price merchants cut the market price will is not strong. But, before the Spring Festival, the downstream steel demand is difficult to effectively release, with a 304 stainless steel market has low-cost resources to rebound space, therefore, the late steel prices are sharp rise and fall. Above all, the reduction in steel industry profitability, not just by the mineral raw material price fluctuations or higher influences the cost of financing, but due to lack of iron and steel industry will increase the cost of downstream transfer ability, and lead to lack of the ability of roots, iron and steel industry is the existence of the phenomenon of excess production capacity. In China's real estate industry, for example, although in recent years the cities land for construction bidding price rise in a row, 'land Kings', developers need to pay a huge cost of buying land, but because the cost can be transferred to the products, by consumers to pay, so developers to 'land Kings' remain susceptible. , otherwise, the iron and steel industry overcapacity, the supply glut in steel market into a buyer's market, steel enterprises lack of bargaining power, can only make a choice between rotary header halt to the sale and sales prices, and real national conditions may make it harder for iron and steel enterprises to through active production to reduce the loss, in the face of rising inventories and high management cost, were forced to choose sales prices and selling at a loss, 304 stainless steel belt resulted in 'the losses, the production cycle.
is expected to domestic thermal coal market supply and demand will remain preference pattern of years ago, the price of coal years ago still have some back up space. And the price of the futures market, dragged down by the funds last week to break a downward sharply discount, may provide the market with a good opportunity to buy on dips. 'In the second half of the year, countries timely release a series of 'steady growth, lower limit policy signals, gradually warming and entity economic recovery led to industrial production. In October, the early rising international coal prices rise, the international sea freight and other factors, the coal purchase demand continues to release, the major businesses increase sales price '304 stainless steel belt. Although said that this round of steel mills slashed ex-factory price, make the market selling price of the amplitude have narrowed, but adjusted ex-factory price and the current market prices still have upside down. Although shagang cut ex-factory price, but there still exists certain inversion phenomenon, at present market price merchants cut the market price will is not strong. But, before the Spring Festival, the downstream steel demand is difficult to effectively release, with a 304 stainless steel market has low-cost resources to rebound space, therefore, the late steel prices are sharp rise and fall. Above all, the reduction in steel industry profitability, not just by the mineral raw material price fluctuations or higher influences the cost of financing, but due to lack of iron and steel industry will increase the cost of downstream transfer ability, and lead to lack of the ability of roots, iron and steel industry is the existence of the phenomenon of excess production capacity. In China's real estate industry, for example, although in recent years the cities land for construction bidding price rise in a row, 'land Kings', developers need to pay a huge cost of buying land, but because the cost can be transferred to the products, by consumers to pay, so developers to 'land Kings' remain susceptible. , otherwise, the iron and steel industry overcapacity, the supply glut in steel market into a buyer's market, steel enterprises lack of bargaining power, can only make a choice between rotary header halt to the sale and sales prices, and real national conditions may make it harder for iron and steel enterprises to through active production to reduce the loss, in the face of rising inventories and high management cost, were forced to choose sales prices and selling at a loss, 304 stainless steel belt resulted in 'the losses, the production cycle.
