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January 2010 appliance steel supply and demand analysis, and trends by sgbvdf asga





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January 2010 appliance steel supply and demand analysis, and trends by
Article Posted: 07/26/2010
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January 2010 appliance steel supply and demand analysis, and trends


 
Business,Business News,Business Opportunities

cold-rolled sheet: ratchet down after

After several months of sharp rise in January 2010, positive, and negative factors in staggered under the influence of cold rolled sheet in early 2010, after deduction of the wave of spikes down the market conditions, market prices show "before the high After the low "pattern. Langer
Steel
Information Research Center, market monitoring data, as of January 28, 2010, China's major cities 1.0mm cold-rolled sheet prices averaged 5,628 yuan (t value, the same below), compared with the end of 2009, 12, fell 130 yuan. , Shanghai, Tianjin, Beijing 1.0mm Omo Box Market prices for the 5,550 yuan, 5,750 yuan and 5,900 yuan, Shanghai and Tianjin, the market fell 250 yuan and 170 yuan, the Beijing market because of limited resources, decreased relatively small, As of the end of the end of closing price and 12 roughly equal.

New Year's Day after the cold-rolled sheet prices continued to rise in 2009 to undertake trend of steadily rising market prices. Cost-push factors are the main reason for supporting prices continue higher. Meanwhile, the good market expectations and the stock market is relatively limited, also support market prices continue to rise. However, in mid-January, the central bank tightened monetary policy appropriately introduced makes hot-rolled sheet products such as relevance of the price drop, resulting in weak cold rolled into the pattern of market prices, the prices of some varieties began to appear slightly loose. End of the month, under the control of national policy, increased cold-rolled sheet prices decline.

Expected, after the Spring Festival in 2010, cold-rolled sheet prices will continue weak consolidation pattern, but business driven, the cold rolled sheet market prices stable and the possibility of more consolidation. Take into account the New Year after the days of cold-rolled sheet market operation are limited, and in previous years, both in the Lantern Festival, the market started after the cold-rolled sheet market, not much room for price increases. However, with the gradual release of market risk, post-cold-rolled sheet market up the possibility of large price shocks, the market slightly higher, or will appear in March. (Lange Steel Information Research Center Maguang Hui)

Stainless steel: shock run

2010 1 month run of stainless steel market prices show volatility trend. The beginning of the transaction on stainless steel market, little change. Mid, LME nickel prices dive to promote stainless steel market prices fall, but the attitude of the city of steel stable market price does not make inertial decline. The end of the market by the flow of inventory can be low, LME nickel price-hoisting and steel price increases and other factors, the stainless steel market prices sharply higher.

Lange Steel Information Research Center, market monitoring data, as of January 28, 2010, Wuxi mainstream quoted at: Zhang Pu production 304/2B2.0mm cold rolled sheet price was 2.23 million (tonnes of price, the same ), TISCO production 304/2B2.0mm to 22,100 yuan.
Foshan
Quote for the mainstream market: Zhang Pu production 304/2B2.0mm cold rolled sheet price was 2.22 million, TISCO production 304/2B2.0mm to 22,000 yuan.

Terms of the changes from the inventory data, 11 to 12 months in 2009, Wuxi market showed growth stocks, stock market higher, stainless steel, from 1.9 million per spot prices rose to 2.2 million. As of January 20, 2010, Wuxi market stocks was 195,400 tons, growth of 09.9 thousand tons, an increase of 5.36%, which was cold-rolled sheet stocks 91,500 tons, growth of 3.84%. However, it is expected that with the Spring Festival approaching, the stainless steel market, stocks do not have the ability to continue to grow.

Present, 304 stainless steel market prices will remain at 2.2 million, with a maximum of 43,000 yuan in 2007 compared to only 50% at current prices. Although there are some 2007 steel price bubble, but in the current economic environment, the stainless steel prices will remain at 3.2 million belonging to a reasonable extent. Can be seen, compared with 2007, the stainless steel market prices are still a room to rise, but subject to macroeconomic policies, put in steel capacity and the impact of the Spring Festival approaching, expected in February stainless steel market price correction will be based.

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