Should the winter reserve market start?

In the 52nd week of 2019 (2019.12.23-12.27), Lange Steel’s national steel price index reached 146.1 points, a decrease of 0.82% from last week and a decrease of 1.58% from the same period last year. Among them, the LGMI long product price index was 154.0 points, a decrease of 1.72% from last week, and a decrease of 3.90% from the same period last year; the LGMI profile price index was 150.1 points, a 0.54% decrease from last week, and a 5.16% decrease from the same period last year; LGMI sheet prices The index was 137.4 points, a decrease of 0.09% from last week and an increase of 1.59% from the same period last year. The LGMI pipe price index was 154.8 points, a decrease of 0.55% from last week and a decrease of 3.21% from the same period last year.

According to the monitoring data of Lange Steel’s cloud business platform, the price changes of 17 categories and 43 specifications (species) in some regions of China’s steel raw fuels and steel products in the 52nd week of 2019 are as follows: The prices of major steel products have fluctuated, Compared with the week, the rising varieties increased slightly, the flat varieties decreased slightly, and the falling varieties increased slightly. Among them, 8 varieties rose, 8 more than last week; 17 remained flat, 3 fewer than last week; 18 varieties fell, 1 more than last week. The domestic steel raw material market is volatile and consolidated. Iron ore prices fell steadily by 5 yuan, coke prices rose by 50 yuan, scrap prices fell steadily by 10 yuan, and billet prices fell by 20 yuan.

At present, the steel market has entered a traditional off-season. Downstream demand purchases are rapidly shrinking. The spot market shipments have slowed significantly. The problem of winter storage has surfaced again. Due to the recent rapid decline in market prices, a small number of merchants have begun winter storage operations. Some businesses are still watching. Moreover, because the investment in infrastructure construction has grown less than expected, especially the slight decline in railway investment, it has once again raised concerns about the market next spring, which has not yet started large-scale winter storage operations, and market merchants still lack confidence in the outlook. . In summary, next week the steel market will show a trend of consolidating.

According to the Lange Steel Cloud Business Platform weekly price prediction model data calculations, next week (2019.12.30-1.3), the domestic steel market price will fluctuate and consolidate, the long product market price will fluctuate and strengthen, the profile market price will decline steadily, and the plate market The price will decline steadily, and the market price of pipe will fluctuate and weaken. Lange Steel’s national steel price index is expected to fluctuate around 146.0 points, and the average price of steel is around 4020 yuan, with an average fluctuation of 10-50 yuan. Among them, the long product price index is expected to fluctuate around 154.5 points, up 0.5 points; profile prices The index is expected to fluctuate around 149.9 points, down 0.2 points; the plate price index is expected to fluctuate around 137.2 points, down 0.2 points; the pipe price index is expected to fluctuate around 154.6 points, down 0.2 points.


Post time: Jan-02-2020
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