Today, the mainstream price of hot rolls increased in a narrow range. Affected by the firm price of raw materials and the industry’s expectation of the country’s later policies, the average market price of hot coils has risen today, but the terminal demand continues to be weak. In addition, the epidemic has affected market purchases and sales, and today’s market transaction volume has decreased. It is understood that today’s market transactions are still dominated by traders receiving goods, and flat-panel manufacturers just need small orders to enter the market to purchase. Today, there are rumors in the market that coking coal and coke enterprises will increase by 200 yuan / ton again, and the rising cost will also bring a certain boost to the hot coil. On the whole, the hot coil market is still showing a contradiction between weak reality and strong expectations. The industry still maintains good expectations for the recovery of market demand in the later period, but the demand has not started for a long time. It is expected that the market will run at a high level in the near future, but beware of falling risk.
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The quotations in the domestic medium plate market were partially raised. The recent lack of domestic market demand release, coupled with the stabilization of various macro data speculation, the main futures support for the spot has slowed down, today’s price rise is mainly due to shortages. According to incomplete statistics, at present, the medium plate enterprises in the northern region are not at full production.
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In addition, the inter-provincial transportation of automobiles is limited, and the arrival of new resources is less, and most of the merchants are making tentative bids. Tracking the transaction situation in various places, the market is still in a tepid state, and the overall transaction atmosphere is relatively light. If no major favorable policies are implemented in a timely manner in the short term, the possibility of a rapid decline in the market cannot be ruled out.
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