In February, in China, the market price of cold rolled coil to the rising main. February 28, China's major
cities 1.0mm cold plate an average price of 4952 yuan (t), up 111 yuan from the
end of January. Shanghai, Tianjin, Beijing 1.0mm Omo box board market price of
4860 yuan, 5050 yuan and 5100 yuan, or 170 yuan, 100 yuan and 100 yuan. The
other second-tier market price or 60-170 yuan.
Cold rolled steel prices rise, there are
mainly two reasons; the one hand, a further rise in steel prices cost more
sturdy supporting role. Businesses hoard, on the other hand, a very few,
limited resources, market liquidity, resulting in fewer cold-rolled steel
products, but prices continue to grow. For Spring Festival is expected to once
again good psychological fermentation postganglionic the inertial pull up the
role, the pace of rising market prices before and after the Spring Festival has
never stopped.
Specifically, the following prices up in
February, the domestic large steel mills in the mainstream again blew the horn
rose. Especially early in the New Year's Baosteel will surprise the first to
raise the price policy in March after the holiday, other steel mills raised
prices well ahead of preheating. Indeed, after the Chinese New Year, Shougang,
Angang Steel new one price policy have to implement, the March cold rolled rises
in 200-250 yuan. The Hebei steel of cold rolled steel producers will
also follow the trend of price increases policy, the latter part of the cost of
supporting a further consolidated. Just has not been started due to the the
postganglionic downstream demand, the price after a space up Xuzhang power
tends to weak businesses mainly changed to a stable and a wait-and-see,
expected real market revitalization in about 3 months late.
On the other hand, during the Spring
Festival market resources around the part arrival, but the arrival of
relatively limited, only a few cities in the bulk arrival. Moreover, some steel
mills busy exports, a decrease in the amount of domestic resources. However, businesses
hoard goods, stocking seek and secure the relatively rare a large number
Dongchu operations. Therefore, after the Spring Festival, the market resources
is small there is a growing, but still at a low overall inventory. The salable
few resources, support a certain price. But if the latter continue to add
resources, demand start slow price "late spring" may only adjustment
will be more limited. Late start gradually, demand and prices are expected to
return to a rising channel.
According to the previous experience, each
year, in March and April, is the the downstream demand gradually start of
period. With the weather warming, the downstream procurement will gradually
start to recover, and then one after another active this year, the pace of
urbanization is a "policy year" downstream producers overall than
last year's strong vitality, is a good cold
rolled steel market. The overall market is expected to occur in March and
April, a "peak", downstream needs to start in early March or
significantly slow the true sense of the market recovery is a process, not
small adjustments to exclude individual time period.
The salable few resources, support a certain price. But if the latter continue to add resources, demand start slow price "late spring" may only adjustment will be more limited. Late start gradually, demand and prices steel suppliers are expected to return to a rising channel.
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