Galvanized pipe market resources are relatively tight

Time : 2020-04-14

Galvanized pipe market resources are relatively tight, but the arrival of the off-season, terminal demand is also depressed, the decline in trading volume with the decline in market activity, it is expected that the short-term price will be weak shock.Shanghai market prices temporarily stable, the market transaction did not improve, fortunately the market resources tight, the mentality of the business can be expected to short - term Shanghai market prices will be weak consolidation.The industry believes that iron ore prices continue to fall, steel prices to provide new space.By its oppression, expected in the first few months of 2015 steel prices may continue to dip.On the other hand, with the steel prices further lower, its stimulating effect on demand will gradually show.This is mainly reflected in the same currency can buy more steel, so the fixed asset investment completed in 2015 means a larger scale of steel consumption.There are few merchants, and the specifications are scattered, downstream users to purchase at home traders to match goods to get together the required specifications.Due to less demand for galvanized pipe downstream recently the price is basically stable, 2.75*1250mm roll in 3270 yuan/ton, and the price difference gradually narrowed.For the short day market, yangang, rizhao and other resources have a small amount of arrival plan, but for the short supply of the market is also a drop in the bucket, liugang short days still did not arrive, it is expected that the new arrival of the market is easy to digest, the price has no downside risk, will continue to run strong.

From the market to understand, yesterday in the interest rate cut to stimulate the market transaction is better, large daily shipments are more than 1000 tons, but because of the rain and weather gradually turned cold reason, traders continue to push up confidence is insufficient.In view of the current market, considering the steel mill profit is still relatively rich, the late demand continues to decline, the price of galvanized