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September 11 Building Materials Market in Shanghai Diary (helpless, fell further) - prices of construction materials, steel prices - steel industry by big tree





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September 11 Building Materials Market in Shanghai Diary (helpless, fell further) - prices of construction materials, steel prices - steel industry by
Article Posted: 06/25/2010
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Articles Written: 1033
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September 11 Building Materials Market in Shanghai Diary (helpless, fell further) - prices of construction materials, steel prices - steel industry


 
Business,Business News,Business Opportunities
9 11, cloudy. Shanghai is the early morning, did not see the sun smiles, though vague feeling Zaore, but the temperature rise has been quietly stop?? According to the latest weather forecast, the current existence of a weak cold air north is slowly southward this evening, the Shanghai local region has the possibility of occurrence of showers or thunderstorms. Rain hit Shanghai and cloud cover in the moon, the weather is not as good as expected; Yindie not see just, hard to restore confidence, the market did not look as good.

Opened, the West in this project offer 2, 3 Rebar Both down 40 yuan, part of the specification corresponding decrease, adjusted ,16-25mm 2 steel, in addition to 22mm outside are hanging in the 4820 yuan / ton; three steel unified in 4860 yuan / ton. Mainstream offer down, the bottom of the transaction price to a new low.

Continued low prices, demand that is not better construction steel market in Shanghai this week, seems to have been used to drop?? Morning opening, no patience to wait for the new East led a mid-price of steel came out, the leading distributor in Shanghai business re-listed group to reduce prices, and the rate of decline had increased. With the small Mid-Autumn Festival holiday at hand, with large bid to the low return, market share, competition for sales of "Running" appears to have ... ...

Exempt from the specific perspective ,16-25mm per second rebar reported in 4800-4940, with the exception of East China manufacturers products, most of the brand in the 4800-4830 yuan / ton ship, Wuhu new products in 4770 yuan, and transit The following transactions; 28-32mm continues to plumb, Wuhu and Lengshuijiang new products shipping in 4950 yuan the following; two rebar over the whole afternoon yesterday, down 30 yuan / ton. 16-25mm 3 steel exempt resources reported in 4760-4820 dollars, which, Maanshan Iron & Steel products are forced to line down, three rebar overall decrease more than 50 yuan / ton. Wire down to immeasurable, are said General Line 4700 yuan the following, High Line About 4750 yuan has traded.

Quotes from the opening can be seen after the low price has spread from the individual to all, to shipping, dealers sell into corrections reproduce with each other. For example, yesterday afternoon, a company for surprise: the transit and Laiwu Steel rebar Yongfeng two directly linked to the 4750 yuan less selling, lower than the market price of the mainstream about 50 yuan / ton, who is not people solution, while procurement is also inspired climax. But today morning, let alone 4750 yuan, again lower the prices start to appear, in addition to transit, the new Wuhu, Shanghai Bao has joined the fire sale of the camp?? Unfortunately, the ship was said yesterday, very different situation. Adhere better to cut prices, passive than active, long-short pain than the pain, maybe this is a true reflection of market weakness in it.

Morning, business telephone market between the inquiry inquire about constantly, but rarely purchase orders, market transactions were deserted. Perhaps because the number of small companies change prices one day, and more recently focused on the procurement end of the afternoon until noon today, most companies do not have good sales reflect.

Noon, East led the price of steel finally came out timid, rebar down 100 up 100 results have not surprised the market, but the factory stock is too large, resources began to connect to the rumors that the warehouse offices still a little surprising. Message level, the subject August high domestic steel exports may lead to the expected impact of tariff adjustments, parts of the rebound and stick to the coil while prices fell sharply. Some dealers said, after a lapse of two weeks, the mainstream of the Shanghai market price of thermal paper again Powei 5000 mark, not only symbolic but also to building steel steadied properly take to bring some pressure.

Afternoon, the market performance of calm, although occasional cheap individual specifications, but not significantly lower the prices of main dealer plate. Unfortunately, the overall demand for the sky, as Shanghai is the same: somber with. Macroeconomic factors, supply factors, demand factors ... ... the face of this market, any analysis may seem pale?? Today's Shanghai construction steel market, as helpless, so fall any further.

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