Thread futures fluctuated and closed at “0″, the trend of steel is quite tangled

The trend of futures was quite tangled last week. Although it rose during the period, it fell rapidly, which really increased the uncertainty of the disk. Although the spot price has risen, but with the frequent rise and fall of the futures, the transaction price of the spot market keeps loosening. From the perspective of trading sentiment, the market speculation still exists, but as prices continue to rise, market divergences intensify, and some merchants have begun to sell on rallies, but some merchants continue to wait and see with prices rising.
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In terms of spot transactions, there has not been much progress yet. This week, the speculative demand started less, and the overall scale of the purchase of goods was limited, which did not drive the spot price higher from the transaction changes. According to the market, the current set of merchants suffered serious losses in the early stage, and the continuous upward trend of the disk has continuously increased the difficulty of trading for traders.
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On the whole, the news surface is intricate and fermented, and it still has a disturbing effect on prices. At present, the main focus is still on the changes in the supply and demand structure. If there is a significant reduction in the supply side in a short period of time, it will still have a driving effect on the price; but if there is still no obvious news release from the supply side, it is necessary to pay attention to the continuous release of the demand side. . Judging from the current market trading sentiment, the terminal demand has not shown a substantial incremental trend, and the rising height is limited for the time being.
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