Financial telephone: 0538-8165859
Phone: 0538-8151706
Fax: 0538-8107530
Address: No. 49, Xinbei Road, big market, Tai'an.


FORECAST: UP NEXT WEEK!

發(fā)布時(shí)間:[2020-5-18 8:58:41]    瀏覽量:1772次
The Central Bank lowered the reserve requirement for the third time and landed in an all-round way. The liquidity of funds has been strengthened, and the market vitality will be effectively mobilized. At the same time, continuous price increases at the billet end support the strong, and basically all of them resume work. The end demand performance is relatively strong, and downstream purchasing is positive, considering that the two sessions are approaching, steel mills have a strong willingness to support prices, and traders are optimistic because of the high cost of arriving at their products. It is expected that the prices of steel products tomorrow or.., continue to look down... 1. The following factors are the following: 1. The peak season is coming, the price of cement in east China has increased, in recent days, the cement delivery rate has been relatively high, the pre-inventory digestion is ideal, and the cement market demand has further increased, cement prices continued to rise, with prices in eastern China falling 1.98 percent year-on-year to 469.40 yuan per ton on June 6 and 474.80 yuan per ton on the 14th. With the construction of infrastructure projects, inventories continue to decrease, cement demand further rise, a short period of time, the cement market to consolidate the main upward. 2. National Bureau of Statistics of the People's Republic of China: Industrial Production is gradually returning to April's industrial value added data above the scale, explained Jiangyuan District, deputy director of the National Bureau of Statistics of the People's Republic of China. The relevant data reflect a general increase in the level of reoutput, the gradual resumption of industrial production and other characteristics. In April, with the central government's coordinated promotion of epidemic prevention and control and the gradual implementation of various policies and measures for economic and social development, economic and social order was further restored, and the year-on-year growth rate of industrial production shifted from a decline to an increase, the growth rate of most industries, products and regions changed from negative to positive. 3. Bureau of Statistics: In April, electricity production changed from decreasing to increasing; in April, electricity production changed from decreasing to increasing. In April, electricity generation was 554.3 billion kwh, up 0.3 percent from a year earlier, down 4.6 percent from the previous month, and the daily average was 18.48 billion kwh, up 660 million kwh from the previous month. Between January and April, the amount of electricity generated was 2,138.8 billion kwh, down 5.0 percent year on year. In April, the growth rate of coal-fired power went from negative to positive, the decrease rate of hydropower increased, the growth rate of wind power decreased, and the growth rate of nuclear power and solar power increased. 2. Spot market, construction steel: stable but on the strong side, the current market sentiment is good, the supply increases slightly, the impact is not big, downstream except for some large-scale construction sites, the basic all resume work, the market continues to drop the storehouse, in the basic good situation, still need to pay attention to the contradiction between supply and demand and the pressure brought by the downstream capital end, in view of the strong trend of steel billet, there is some support for prices, building materials prices are expected to rise next week, up 10-50 yuan / ton. HOT-ROLLED COIL: rising, in the macro atmosphere continues to be good, the raw material side is running firm, the major projects to speed up the start of the background, steel prices are still supported, but high inventory pressure still limits the rebound height of steel prices, should guard against the actual consumption follow-up less than expected risks, is expected to continue next week, hot rolling market upward adjustment in the range of 10-40 yuan. PLATE: the main stable up, the current steel factory shipment is small, short-term shortage of specifications difficult to significantly ease the pressure on the overall business resources is not big, the spot inventory continues to digest, market support is still strong, but consider the lack of sustainability, price upward resistance, in view of current market sentiment can be expected next week, medium plate prices strong shocks, range of 10-30. Strip steel: up-grading. The demand of the steel market is under greater pressure because of the epidemic situation. However, with the gradual elimination of the impact of the domestic epidemic situation, the project has been restarted with the promotion of the resumption of work and production, and in addition, it is approaching the second two sessions of the NPC and CPPCC, financial, environmental protection, infrastructure and other policies continue to convey clear signals, policy-level warm wind blowing frequently, the market on the later stage increases, the willingness to sell goods at low prices decline, is expected to run next week on the strong side of the price shock. PROFILE: stable in a rise, billet easy to rise hard to fall, next week will be held in two sessions or specific steel-related policies, to play a certain role in supporting the price. In addition, demand is still a pain point, the downstream demand has not continued to warm up, there will be no greater drop. Above all, optimism is more than pessimism, expected next week prices or narrow-side strong operation. Pipe materials: The policy this year is facing increased investment in infrastructure, and the current situation of short-term supply exceeding demand on the supply side may still be sustainable. In addition, with the strength of raw materials, the market still has greater resilience. For Market Resources, there is a strong support, pipe prices are expected to rise next week or will be easy to fall. 3. Raw material market, iron ore: stable but strong, the trend of ready-made products is firm and the two sessions are approaching, in addition to the continuous increase of steel billet for several days, steel enterprises in order to ensure production in advance to fill the storehouse, steel enterprises have a low willingness to purchase, but with the rise in freight rates, the market price also has a 5-10 rise, in view of the high price of foreign ore, high-grade domestic demand for iron ore powder is expected to increase next week iron ore market strong operation. SCRAP: Up, next week the national two sessions will be held, the market is expected to good macro atmosphere, downstream demand sustained recovery is expected. However, considering that the current scrap prices at a high level, short-flow steel mills in between profit and loss, high-cost scrap demand has been contained, scrap market is expected to be dominated by consolidation next week. COKE: maintain stability, this week the coke market maintain stability and wait-and-see, turnover is OK, coke enterprises start work high level, production is positive, part of the second round of coke enterprises in Shanxi and Hebei areas rose 50, steel mills have not accepted, in the game of coke enterprises, coke enterprises inventory is not big, steel Plant Procurement Initiative, coupled with the steel market is strong, coke prices are expected to rise next week or steadily. PIG IRON: STABLE AND UPWARD ADJUSTMENT, recently steel city, scrap steel continues to rise, raw material trend is strong, pig iron trading atmosphere is also obviously improved, business bullish mentality is strong, however near the weekend scrap steel trend is weak, or pig iron rising trend has been restrained, pig Iron is expected to be strong next week. 4. Comprehensive Analysis, the third time the central bank lowered the reserve requirement, the fund liquidity is strengthened, the market vitality will be effectively mobilized, at the same time, the continuous rise in prices of steel billet support is strong, basically all resume work, the end demand performance is relatively strong, downstream purchase positive, considering the upcoming two sessions, steel mills willing to be strong, and traders due to high cost of goods, more optimistic mentality, steel prices are expected to run steadily on the strong side tomorrow.
HomeBrief IntroductionOrganizationLetter Bridge NewsProduct CenterAptitude HonorHuman ResourcesContact Us

Mailbox:taxinqiao@163.com    Website:christmasbakingideas.com
Shandong Xinqiao Industrial Co., Ltd.  Copyright         Technical support:Nuodun Network
Headquarters:0538-8151706    Fax:0538-8151704 Address:The new North Road of the steel market of Tai'ant
Branch:0538-5018001      Fax:0538-5018004 Address:Tai'an national Mountain Center