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Tianjin haotiantai Pipe Industry Co., Ltd
Source: http://sunshineooty.com Number of visits:
Recently, the special-shaped pipe market has shown a rising posture. As of May 7, the average price of special-shaped pipe in ten major domestic cities was 3588 yuan / ton, 19 yuan / ton higher than the previous day, and 45 yuan / ton in three consecutive working days. The prices of spot and futures of special-shaped tube rose for three consecutive times, among which the price of special-shaped tube futures rose greatly, returning to the level above 3400 yuan.
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This round of special-shaped tube price rise is related to the recovery of market confidence. In the peak season of demand, the market transaction is acceptable. However, the market inventory pressure is still large, and the duration of price rebound should be combined with the speed of de stocking and the change of supply-demand relationship. At present, the profit is improving, the steel mill production enthusiasm is improving, the supply pressure is not reduced, and it may return to shock after a short-term rebound.
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After the May Day holiday, the national toll road toll collection was resumed, the cost of special-shaped pipe was higher, and the price of special-shaped pipe was stronger in the short-term. In May, the contradiction between supply and demand in the market will gradually become prominent, and the overall output will rise steadily. If the demand does not decline in early May, the special-shaped pipe market is expected to fluctuate upward. However, the high inventory pressure and the expectation of weak demand in the later period will also limit the rebound space, and the medium and long-term trend is still downward.
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In the second quarter and the second half of the year, driven by infrastructure construction, the construction industry will speed up the resumption of work and production, and the demand for special-shaped pipes will increase significantly. In the second quarter, downstream demand will continue to pick up.
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In May, the rate of de stocking will slow down, and there are many upward resistance to the price, which is expected to show a fluctuating downward trend.
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At present, the basic situation of some varieties in the special-shaped pipe market has improved, and it is difficult to completely reverse the pessimism of the market. The market needs to continue to further release the negative mood overseas in the way of shock or even moderate decline, so as to suppress the enthusiasm of steel mills in production to a certain extent.
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At present, the special-shaped pipe market is slightly better than expected, inventory continues to decline, and supply and demand are basically balanced. There should be some weak rebound in the price of profiled pipe in May. However, the special-shaped pipe market is still faced with many uncertain factors, and the overall economic situation and downstream steel demand are not good. At present, the profit of steel mills is limited, relatively rational, and more on the wait-and-see situation, and they are not particularly optimistic about the demand.
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