Telephone：
+86-21-61212385
61212386/61212387/61212388
Fax： +86-21-61275188
Email： sales@eastasiametal.com
------------------------------------- Sales Skype：
EAM-Thomas
EAM-Echo
EAM-Monica
EAM-Bob
EAM-Anna
EAM-Tim
EAM-Jack
61212386/61212387/61212388
Fax： +86-21-61275188
Email： sales@eastasiametal.com
------------------------------------- Sales Skype：
EAM-Thomas
EAM-Echo
EAM-Monica
EAM-Bob
EAM-Anna
EAM-Tim
EAM-Jack
Enter the consumption slack season
Last week, the spot price rose first and then fell. This week's callback released the pressure of early rise to some extent. During the material destocking cycle, the spot price could hardly drop sharply. In general, this week is the pre-may day reserve phase, spot prices are expected to stabilize in the short term.
Downstream demand downturn, shipment is not fast, there are iron factory price cut, bargaining space increases. At present, the second round of coke rising sound gradually, ore is also strong, to boost the business mentality, but because of the demand did not improve, the business mentality is not optimistic about the future, is expected to pig iron weak and stable operation.
The temperature is still rising, due to the strong support of renni, the market price in the flat market caused a ripple, but today the market has returned to calm. A lot of agents in the market to maintain yesterday's quotation did not change, there are individual wait-and-see agents choose to quote today!
According to the sales situation, in recent days 304 hot rolled narrow band single delivery situation is indeed better, and the trend of lun nickel slightly stable, prices found support point, and then spot is also less, some producing areas appear to seal the situation, at this time, as long as the price to fluctuate, the market a lively, shipment can be smooth.
Continuous price drop makes downstream users wait and see, and the market confidence is damaged. At the end of the month, the market is already under pressure, so the short-term situation is difficult to change.