Shanghai Building Material Market diary (down is limited)
1 8, overcast cloudy. Today is "39" on the first day, Shanghai is finally bid farewell to the gloomy days, there has been a long absence, the sun, however, may not be able to bring in fine warm?? According to forecasts, the strong cold air is an north south on the way, tomorrow Shanghai is the minimum temperature will again approach the freezing point. Not only is the weather cooling, construction steel market in Shanghai also weak.
Opened, the West in this project offer two steel index fell 20 yuan price of different sizes are 10-20 yuan / ton lower, adjusted ,16-25mm reported in 3620-3630 yuan / ton; three steel index reduced by 20 dollars, all the specifications of the corresponding drop ,16-25mm hanging in the 3730-3760 yuan. Mainstream offer callback, the bottom line of lower transaction prices.
May be depressed yesterday, closing down a firm commitment to the market, the morning of the leading dealers in Shanghai are listed on the price before the time came out at 9:00, stable and down to become a common choice for businesses. Cash operating point, according to feedback, and individual loose yesterday is different after the opening bell, with a price cut large, small and medium business group to follow up the transaction on all varieties of wholesale fall in the range of 20-30 yuan / ton. Specifically, the two free products of steel 16-25mm reported in 3580-3630 yuan / ton ,28-32mm hanging in the 3700-3750 per hour, representing a decrease of about 30 yuan; 3 steel 16-25mm reported in 3700-3750 element, but the actual delivery of the leading brands in 3720 yuan more than the price down, fell over yesterday, 20 yuan / ton; wire round down, although the 3700-3730 element is High Line Price mainstream, but Haixin, sunshine, and Anshan Iron and Steel and other manufacturers a lot of resources have shipped 3,700 yuan, a drop of the same with the three steel.
Price drop did not change the overall situation in light of transactions, according to dealers to reflect, after the market opened, asking price and more open one of the few, although operations personnel receive calls busy as can be for a while, but more just business between inquire about the price with each other, especially small dealers, in order to no longer blindly hanging, after the inquiry is to refer others to adjust their prices. Because only inquire market, such "crazy" and did not last until the prices stabilize, the market "atmosphere" back to boring: Most dealers idle, sporadic purchases billing is still the main site.
Dull face of the market, individual dealers finally running out of patience, it is learned, two steel plate 3,600 yuan and 3,700 yuan the following three steel prices can occasionally occur. Price changes reflect a business mentality, a phenomenon that some distributors accept unexplained rise, it is hard to adapt to a real decline. Specific to the operation, as long as the slightest sign of trouble the market, dumped goods on the inevitable cash?? When the awareness of prevention is greater than the hope of rising, of course, can not expect the demand will be the middle of a good performance. Maybe this is the market up after short-term adjustment of the main reasons to start it.
Weak fluctuations in the market, supply is not interrupted. Feedback from the major terminal situation, the recent inventory showed the trend into more small, especially since the prices up around the mill, the appropriate resources to significantly increase the volume. A slight shortage of pre-specification, such as, 16mm and 25mm ,10-12mm and two 32mm steel steel gradually have added three brand to East China Zhongtian, Wuhu emerging, Shanghai Bao and John Steel Main. This phenomenon seems to come true sentence again: not the lack of resources, but only the price.
Afternoon, the market steadied the mainstream, there has been no panic sell into corrections, beginning with the normal number of end-user purchases, shipping situation is slightly better than the morning, but according to the distributor, the overall sales remained at low level. Recalling the market this week, is enthusiastic to promote the rise is the increase can not be sustained, is consolidating into fall, then drop will become a trend? From today's market performance, although the overall price down, but considering the purchase cost of steel is still being pushed, price cuts may not be able to boost sales to enlarge the short term, the market continues to slide, power is not strong. [Text] West Studio Ximalaya peak of the Shinkansen
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