Views:11 Author:Site Editor Publish Time: 2021-01-08 Origin:Site
On January 5, continued to fall.
According to the monitoring data of the Lange Steel Cloud Business Platform: The average price of 4-inch (3.75mm) welded pipes in key domestic cities was 4,738 yuan, a decrease of 5 yuan from the previous trading day. Among the central cities, except Guangzhou, the price dropped by 50 yuan. The quotation is temporarily unchanged from the previous trading day.
Today, the ex-factory prices of domestic mainstream pipe factories are generally stable, the inquiries have increased, and there are sporadic replenishment, but the demand for downstream winter storage has not yet started, and the overall transaction is still bleak. The current ex-factory price of Tangshan welded pipe is 4350-4400 yuan/ Ton, the galvanized pipe is 4700-4850 yuan/ton.
In terms of the market, there was no significant change in the trading atmosphere, construction sites began to have holidays one after another, and the demand for pipes continued to weaken. According to traders’ feedback, the merchant’s inventory is only about 1/3 or 1/2 of the normal inventory, and the large transactions are only tens of tons, and the circulation speed is generally slow. At present, the most discussed by traders is the winter storage market, but it is still unclear. At the psychological price of the market, winter storage demand still exists.
In summary, the market has a strong wait-and-see sentiment, but the cost side support is strong, and there may be little room for further downward movement. Short-term welded steel pipe prices mainly fluctuate within a narrow range.