New Year's steel strip remains variable recent trend forecast
New Year's steel strip remains variable recent trend forecast
Since last week, domestic steel strip market trend of continuous decline, while prices continued to drop, not only failed to stimulate the lower reaches of the procurement initiative, but in the "do not buy or buy up" under the influence of mind, making the situation even more strip market transactions light. The current from the Spring Festival, less than a month, and strip before the holiday trend to become more concerned about the downstream business, the author will conduct a simple analysis for the Men of the reader reference.
1 Review of Trends and causes of the recent strip
Into the winter, along with the cold weather, strip also will demand slowed. Higher in raw material prices, price policy of Baosteel in January soared upward shock of steel, and more optimistic about the market outlook, manufacturers and other factors, the price is not strip the weakening of demand because of terminal decline, but the trend appears repeatedly up . Prices early in the strip, some worried that prices will continue to rise downstream, so it began stocking the entire market transactions, a slightly warmer, it also stimulated the strip further price increases. However, welded pipes, cold strip, C steel and other relatively light strip downstream product market, so prices continue to rise as the strip, downstream weakening of the procurement initiative, the entire strip a marked shrinkage of market demand. But the good news of coke, Powdered Iron prices continued to rise, so strip the formation of the market vendors and downstream confrontation, both sides waiting to see their emotions are more intense. And because the leading domestic steel production with normal, high monthly strip, retail purchases reduced, making steel a lot of resources will be distributed to households agreement, eventually leading to a large number of resources on a small amount of agreement in the hands of households, households made an agreement inventory pressures increase.
Confrontation between the firm and the downstream, the strip prices remained stable. The central bank plans to raise the reserve ratio of the message into the fuse to break the deadlock. First, steel prices fell immediately, followed by spot prices down with it. Strip: the strip as the trend of the benchmark in North China Hebei forward with steel prices on a continuous strip down the lead, Tangshan, Tianjin, Handan, Wuxi, Shanghai, Guangzhou and other leading market strip strip gradually offer gradually declining trend emerged. In the "do not buy or buy up" mentality of stimulation, there is no warming strip pick transaction situation.
2, the current market situation and later strip Forecast
In the pre-strip the high output and lower demand sluggish, inventories rising domestic steel strip, and a lot of resources concentrated in the hands of a small number of protocol families, resulting in significant pressure on some large inventory. As the Spring Festival approaching, the big cash will Paohuo strong, very negative trend on the strip. Second, the strip downstream business downturn is an important inhibiting factor strip prices. By the pre-strip prices get lower and strip the double impact of business needs light, strip increases the risk of lower production and lower inventories also increased, in such cases, cut, cut-off phenomenon is gradually increasing. According to market research to understand: At present, the Tangshan area, pipe cut is very serious; Tianjin Daegu Zhuang region have little control of basic plant shutdown, shutdown rate of more than 50%, and the vast majority did not resume production before the holiday plans. And cold rolled strip steel, according to some manufacturers to disclose: Recent cold with orders is gradually reduced, the current inventory of tropical large in the short term there is no plan to purchase tropical. In addition, the current number of small businesses still believe that strip strip prices high, despite the intention of purchasing before the holiday, but it may be difficult to achieve the short term. Baosteel in February together with the price difference between policy and market expectations, and made the company the confidence of the market outlook for steel dealt a heavy blow.
By these negative factors, the recent strip prices will continue to fall. But Powdered Iron, coke and other raw material resources remain tight, prices remain firm, formed on steel prices some support. Also, the recent strip prices continued to decline, the strip prices are close to cost line. With the recent addition of individual small and medium steel mills are being pushed out maintenance, shutdown and other phenomena, so prices continue to decrease in the strip would be more relaxed, not too much downside. In normal circumstances, the Chinese New Year will be essentially stagnant market demand, a small strip manufacturers have tentatively will pull up to the post-holiday rally, so by the end of January or early February, strip the market may gradually return to stability, there may even be slightly up phenomenon. New Year's steel strip remains variable recent trend forecast Leisure Hotels announces its latest package- The Magical Monsoon 2010 India Holiday – Visit to Top 3 Destinations Abbott Laboratories recalls glucose test strips Kerala Honeymooner's Paradise Palace on Wheels Tours for the Best Trip to Rajasthan Spyder Series products will give you a happy ski trip The Holiday Villa Rental Experts Low-priced Yet Remarkable And Personalized Journey With Vegas Tour Deals North -cyprus Is A Popular Attraction For British Tourists What to do on beach of Lauderdale Take a Stand Against Australian Censorship Explore On Houston, Tx With Your Sister And Reserve Slashed Off Rooms, Chow, Discos And Day Tours