[Steel view] continue to bullish unambiguous

Lead: steel market offer recently higher, despite the opening price fell on Thursday, but after the transaction improved, some gradually callback 20-30 yuan / ton. In accordance with the current situation, the latter is still possible, why do you say, Xiao Bian for you one by one analysis.
High cost

Raw material billet inventory is low, prices continue to pull up, the market supply pressure is small. Billet is now the implementation of 3550 yuan / ton, it can be said to create a new high since the beginning of the year so far. Raw materials billet in a low inventory state, so the price can not help but continue to rise, the market as a whole mainly in the absence of goods; due to the cost of promotion, profile transaction prices are also approaching the high, the current mainstream 3890-3910 yuan / ton, slot 3810-3850 Yuan / ton, work 3820-3860 yuan / ton. Thursday statistics shipments is up to 35,700 tons, almost equal to the highest point of shipment this year. However, the price of such a soaring stage, or the rational treatment, prudence is better.

Futures

Futures is the largest increase in profile market quotations "hero". On the recent market, futures rose up spot, do not consider the downturn in the terminal market experience. In the futures continue to pull up, the steel plant is willing to be strong, can increase the operating space, therefore, the attitude of the steel market has a great support.

Environmental protection wind blowing

From the end of July to early August, the environmental protection team will be in Shandong, Sichuan, Zhejiang, Hainan, Tibet, Qinghai, Jilin, Xinjiang provinces and autonomous regions inspectors, when the steel cut, cut the news or will continue to struck, the current situation, Good information more, do not rule out the possibility of further higher prices later.

Trader attitude

From the recent trend of the profile market, the attitude of traders on the price rise plays a vital role. Quotes slightly warmer, traders quickly raise the market to buy gas, pull up a greater intensity. Of course, this also makes the cost of rising, the risk gradually increased. Prices fall, traders mentality than the previous rational, less shipping, the market sluggish, so the possibility of a substantial decline is not big.

Market aspects

From the market point of view, the current raw material prices are too high, forcing the profile in the offer had to steady strength to maintain their own profit margins; the other hand, the market still exists the phenomenon of shortages, the possibility of individual offer pull up the possibility Increase.

Forecast

In terms of the market outlook, the cost of new steel materials will continue to rise, the market or will continue to passively. Downstream traders bargain hunters mostly, is expected to remain in the short term may be up, but the possibility of a substantial increase in the smaller.