September 10 Building Materials Market in Shanghai Diary (sales slump) - prices of construct
9 10, cloudy. Saying goes well, things are unpredictable, Take now for instance, Chinese Osmanthus fragrance in August is the day of this, but so far Shanghai is not consistent with the climate conditions of osmanthus flowers open, even if the full moon until the moon, were all excluded to see a large open osmanthus. For another example, in September was at the turn of summer and autumn, drier and more sunny, should be the peak of construction steel construction season, but has not seen the Shanghai market demand for heavy volume. The only explanation is that change is always more than expected. Today's Shanghai is, the sun was shining, sky was clear, the temperature rose; today's market, the price Yindie, panic, trading deserted.
Opened, the West in this project offer two, three steel index fell another 20 yuan and 30 yuan price of different sizes have declined, adjusted,16-25mm 2 Rebar Hanging in 4860 yuan / ton, three steel reported in 4900 yuan / ton. Cable prices have certainly reduced. Mainstream offer down, bottom row Powei transaction price.
May be continued weakness in sales, morning, the leading distributor in Shanghai to continue the collective bearish?? Whether to do the terminal, or do the market prices are generally lower large listed. According to market feedback, although not very large reduction from over, but the market has significantly increased low-cost resources. Specifically, the two free products of steel 16-25mm between reported in 4850-4980 dollars, in addition to a company's Sha Steel product prices firm, other brand prices fell again by about 30 yuan / ton. 3 rebar reported in 4830-4890, low-priced resources to the basic steady, Maanshan Iron & Steel, John Steel Passive price drop products. Wire prices down, General Line 4780 yuan the following, manufacturers High Line 4820 yuan to become mainstream.
Morning, the price quoted, the market has become more confusing. One, two, three steel price inversion phenomenon is more serious. For example, common specifications Haixin two rebar production in about 4870 yuan transactions, and sunshine, and other three steel prices only about 4830 yuan. According to dealers said the market because too few resources to exempt two of steel, but prices are generally higher than the same size 3 steel, have been proposed site with three steel businesses replace two steel use. In addition, the quality is low drag of resources is also very prominent. For example, although the Yangtze River, Hangang and Shanghai Xin product concentrated in the hands of a few dealers, but in transit, Wuhu and other low-cost emerging under the impact of the price dealers are lamenting the inability to sell......
Cutting is not unique to the Shanghai market today, East China, and even across the board throughout the market floating green. Therefore, the intention to cut prices tomorrow is the leading steel traders pricing pressure on speculation, dealers and more laugh, because the more naive ideas, both overestimate the impact of dealers on the market, but also ignored the capital of the steel and traders of pressure. According to industry sources, because of relatively abundant supply, and demand performance of instability that prompted dealers to speed up cash flow?? Shipping price cuts today, perhaps more capital return order to the next resource.
Message surface, there are two sets of data: First, according to latest customs statistics, in August 2008 China's steel exports 7.68 million tons, a record high in July compared with an increase of 47 million tons, an increase compared with last year in August 2.3 million tons, up 42.78 percent. Second, according to the National Bureau of Statistics, 1-8 months, urban fixed asset investment 8.492 trillion yuan, up 27.4%; in January-July, the increase of 27.3%. Two sets of data to say? First, the steel industry depends heavily on exports, export volume growth is constantly testing the government's policy of patience. Second, the demand for construction steel rigid objective existence, but do not see signs of amplification.
Arrival, the East China manufacturers are still emerging and Changzhou Zhongtian Wuhu mainly Ping Steel Products started to arrive, however, the traditional secondary steel permanent steel, Baosteel and other products into the library volume contraction. According to another warehouse feedback, following Tangshan Iron and Steel 3 steel storage, the recent, very long time focused on the arrival of the sea have a ship Xin Di Hu, said that the majority of which 16mm 2 steel. Last August, has produced in Fujian resources poured into Shanghai and the surrounding market, then, whether the resources would be concentrated north Dihu concern.
Afternoon, part of the site began to purchase, but does not improve market transactions, dealer plate once again lowered the price a few, such as two steel 16-25mm volume sales in 4800 yuan the following free products Powei,28-32mm 5,000 yuan?? Thus, the Shanghai market two specifications of steel commonly used across the board back to "4" prefix. 2 steel Powei affect three of steel, part of the brand 16-25mm size to 4,800 yuan / ton challenge...... today's Shanghai building steel city, see the prices, do not see the sales downturn.
Opened, the West in this project offer two, three steel index fell another 20 yuan and 30 yuan price of different sizes have declined, adjusted,16-25mm 2 Rebar Hanging in 4860 yuan / ton, three steel reported in 4900 yuan / ton. Cable prices have certainly reduced. Mainstream offer down, bottom row Powei transaction price.
May be continued weakness in sales, morning, the leading distributor in Shanghai to continue the collective bearish?? Whether to do the terminal, or do the market prices are generally lower large listed. According to market feedback, although not very large reduction from over, but the market has significantly increased low-cost resources. Specifically, the two free products of steel 16-25mm between reported in 4850-4980 dollars, in addition to a company's Sha Steel product prices firm, other brand prices fell again by about 30 yuan / ton. 3 rebar reported in 4830-4890, low-priced resources to the basic steady, Maanshan Iron & Steel, John Steel Passive price drop products. Wire prices down, General Line 4780 yuan the following, manufacturers High Line 4820 yuan to become mainstream.
Morning, the price quoted, the market has become more confusing. One, two, three steel price inversion phenomenon is more serious. For example, common specifications Haixin two rebar production in about 4870 yuan transactions, and sunshine, and other three steel prices only about 4830 yuan. According to dealers said the market because too few resources to exempt two of steel, but prices are generally higher than the same size 3 steel, have been proposed site with three steel businesses replace two steel use. In addition, the quality is low drag of resources is also very prominent. For example, although the Yangtze River, Hangang and Shanghai Xin product concentrated in the hands of a few dealers, but in transit, Wuhu and other low-cost emerging under the impact of the price dealers are lamenting the inability to sell......
Cutting is not unique to the Shanghai market today, East China, and even across the board throughout the market floating green. Therefore, the intention to cut prices tomorrow is the leading steel traders pricing pressure on speculation, dealers and more laugh, because the more naive ideas, both overestimate the impact of dealers on the market, but also ignored the capital of the steel and traders of pressure. According to industry sources, because of relatively abundant supply, and demand performance of instability that prompted dealers to speed up cash flow?? Shipping price cuts today, perhaps more capital return order to the next resource.
Message surface, there are two sets of data: First, according to latest customs statistics, in August 2008 China's steel exports 7.68 million tons, a record high in July compared with an increase of 47 million tons, an increase compared with last year in August 2.3 million tons, up 42.78 percent. Second, according to the National Bureau of Statistics, 1-8 months, urban fixed asset investment 8.492 trillion yuan, up 27.4%; in January-July, the increase of 27.3%. Two sets of data to say? First, the steel industry depends heavily on exports, export volume growth is constantly testing the government's policy of patience. Second, the demand for construction steel rigid objective existence, but do not see signs of amplification.
Arrival, the East China manufacturers are still emerging and Changzhou Zhongtian Wuhu mainly Ping Steel Products started to arrive, however, the traditional secondary steel permanent steel, Baosteel and other products into the library volume contraction. According to another warehouse feedback, following Tangshan Iron and Steel 3 steel storage, the recent, very long time focused on the arrival of the sea have a ship Xin Di Hu, said that the majority of which 16mm 2 steel. Last August, has produced in Fujian resources poured into Shanghai and the surrounding market, then, whether the resources would be concentrated north Dihu concern.
Afternoon, part of the site began to purchase, but does not improve market transactions, dealer plate once again lowered the price a few, such as two steel 16-25mm volume sales in 4800 yuan the following free products Powei,28-32mm 5,000 yuan?? Thus, the Shanghai market two specifications of steel commonly used across the board back to "4" prefix. 2 steel Powei affect three of steel, part of the brand 16-25mm size to 4,800 yuan / ton challenge...... today's Shanghai building steel city, see the prices, do not see the sales downturn.
