subject: July 9th Shanghai Building Material Market Diary (smooth, Flat) [print this page] 7 9, Partly cloudy7 9, Partly cloudy. Since yesterday the wind direction to south-east wind, the sea brought to Shanghai is cool, so a few days before people feel relatively comfortable?? But that does not mean the end of high temperature. Today, Shanghai is still sun take the lead, the weather was clear and hot days, is said to be kicked off the second wave of the future for some time even if there are thunderstorms coming, and the temperature dropped significantly difficult. Hot temporarily subsided, the market rose hesitate hesitated Shanghai construction steel market.
Opened, the West in this project offer two, three steel index smooth, slightly raised individual specifications, prices are still higher than the specifications or 25mm from the same group of products. Price stability in the mainstream market, little change in the bottom of the overall transaction price.
Morning, the leading distributor in Shanghai yesterday for a small push to change from a terminal to the main job of the market, large distributors, unanimously selected the flat?? Demand status of the overall weakness of the offer again in the business be reflected. Operating point, according to feedback from the spot after the opening, except for a few short supply, prices firm even higher specifications, the basic price of all varieties maintained at the level yesterday. For example, two steel 16-25mm standard free products failed to pass all the breakthroughs in 5300, slightly lower than 18mm outside the price range ,5270-5320 yuan is mainstream; but 28-32mm higher prices, some free products directly linked in 5650 yuan / ton. 3 Steel 16-22mm exempt resources to maintain prices above 5,500 yuan, Maanshan Iron & Steel products such as East China 5550 yuan / ton down transaction; 25mm weak performance, the price of different brands in the 5580-5620 yuan. General Line 5,500 yuan up and down, High Line 5850 yuan offer did not change significantly.
Opening, the market re boring: the sun take the lead photo, business is very sleepy; fixed price up, demand is very weak. Morning, the majority of the company to reduce shipments, the market overall is lower than the first two days sales. According to dealers said, as the site to lower the volume fluctuations, large purchases make up a single small business transactions between the apparent decline, to noon, said that some small businesses have not even opened a single sale. Large sales pushed the market price of intermediate demand encouraged by market confidence, but in the morning, both of which do not have good performance. Up weak, the market go?
This, many market participants have a clear understanding: from the fundamentals of supply and demand to see the price up and down the possibilities are not great. Supply, the East leading steel mills or export, or for maintenance, or limitations in the short term, difficult to focus resources on out. To occupy a larger market share in Shanghai, a particular brand in Shanghai, for example, the production plant in Jiangsu Province has been no large quantities of resources for two weeks, arrived in Shanghai warehouse. Become useful as more cost effective than selling blank, the recent rumors of the plant reduced thread production, increased Billet Sales ratio. The traditional northern resources, since the regional spread is not quite rational reasons, except for a few large-sized products, there will not be low-cost resources Di Hu. Requirements, although the impact due to continuous high temperatures to the site consumption, but some municipal key projects, to goods or to maintain the good momentum?? Has large size 2, 3 both appear Huojin steel price trend is Jan manifestation of such strong demand. In addition, because dealer orders are not positive, Rebar Quietly expanding the scope of shortage, such as two steel 10-14mm, 25mm * 12 ,28-32mm; three steel 10mm, 16mm ,28-32mm and so on. When the shortage spreading from the point and the surface, the market tends to rise division, thus facilitating the overall stable prices.
Up, there is no staying power dynamic; or, Our parents can not afford losses. Perhaps this is the distributor of the distress it.
Afternoon, lackluster demand, but there is no dealer plate lower price. Today's construction steel market in Shanghai, the price once again stable, demand continues to flat. Such a market, the dealer is the test case, it is suffering.
July 9th Shanghai Building Material Market Diary (smooth, Flat)
