
Market information
- Categories:Company Dynamics
- Author:
- Origin:
- Time of issue:2021-04-25 18:44
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(Summary description)It's hot! The weather is so hot that I can't remember my surname as "Xiao". Let's go out and see if we can meet "acquaintances".
Market information
(Summary description)It's hot! The weather is so hot that I can't remember my surname as "Xiao". Let's go out and see if we can meet "acquaintances".
- Categories:Company Dynamics
- Author:
- Origin:
- Time of issue:2021-04-25 18:44
- Views:
It's hot! The weather is so hot that I can't remember my surname as "Xiao". Let's go out and see if we can meet "acquaintances". Due to the influence of high temperature weather, the construction site operating rate has declined compared with normal conditions, which led to a decrease in purchases. The overall transaction of the thread last week was weak. In addition, the futures snails experienced a sharp correction last week, but the spot market only weakened slightly so that the prices were still high. The market feared high sentiment and the downstream procurement hesitated.
Let's take a look at the market forecasts of various experts:
My Steel Network: Recently, the transaction volume has become more and more sluggish as the price continues to rise. The overall inventory has surged, and the mentality of the merchants has been frustrated, so the price has fallen. If demand still fails to pick up in the near term, the gap between supply and demand will further expand, and it is expected that the short-term domestic steel prices may be weak and fluctuating.
Steel House: On the one hand, under the support of the steady and positive domestic economy, it is difficult for the demand for steel to continue to decline in the later period, and the inventory of steel mills is still lower than the same period last year, and sales pressure is not obvious. On the other hand, the continuous recovery of steel production, coupled with the continuous high profits of the steel industry, is likely to trigger downstream resistance, and the risk of chasing high increases. In the short term, the long-short-term game in the steel market is fierce, or it may enter a volatile operation with a pattern of mixed fluctuations.
Viewed horizontally as a ridge and a peak on the side, the distance is different. Xiao Bian’s views are somewhat different from those of experts. According to the editor's observation, the national thread inventory has increased for two consecutive weeks, and the balance of supply and demand has gradually loosened. However, due to the low base of its own inventory, it has not yet stimulated the contradiction between supply and demand. This week, the weather still wants to create a harmonious society so that everyone is more “familiar”. The demand is still weak. Since July, the profit per ton of rebar has been around 1,000 yuan, and the current prices have reached the high level of the year. The market has always There is a "fear of heights" sentiment towards high profits and high prices.
In addition, the editor of "Brick House" has the following three points:
1. Last week, there was no article that contributed to GDP. The article showed that the demand for economic recovery in the country has increased, infrastructure investment, real estate development and manufacturing investment have increased, and steel demand will increase in the second half of the year. Less.
2. The second half of the year will usher in the “six major inspections” that will affect steel prices: ① Special spot checks on “local steel”; ② The Ministry of Environmental Protection issues the emission permits for steel enterprises; ③ The AQSIQ develops steel products production licenses Product quality supervision and inspection work; ④Ministry of Industry and Information Technology’s “2017 National Major Industrial Projects are Energy Conservation Supervision Tasks”; ⑤The State Council launched the “National Safety Production Inspection”; ⑥The fourth batch of environmental protection supervision by the Ministry of Environmental Protection.
3. At present, the basis of rebar has recovered to less than 200, the start of blast furnaces has reached a relatively high level, and rebar stocks are at a low level. The second half of the year will usher in gold, nine and silver ten, and there is still room for upwards in futures prices.
In summary, whether there is still room for steel prices to rise in the later period, the editor who is an acquaintance believes that it will maintain a steady upward trend.
