Steel market periodic peak Next week or dangerous tug-of-war
(7.10
7.14) for domestic steel prices this week and last week basic same, all
is the early stage of the continuous pull up, near high rushed down
over the weekend.From the point of clinch a deal, well low clinchs a deal, a price.Due
to the pull up for half a month, rising appear weak, market a fear of
heights mood began to accumulate, chasing high stock up significantly
reduced, most merchants turned suddenly worried about prices, and take
the way of cheap cash run operation.As of July 14, 2017, Lange steel composite price index reached 144.9, than on Friday rose 2.27%;Lange steel long products prices index reached 159.8, rose 2.26% on Friday;Lange steel plate price index reached 131.9, than rose 2.54% on Friday.
Phase
and steel market rapid development, all the way on Tuesday (July 11)
successful breakthrough triple top, seems to continue up the space is
already open, on Thursday (July 13) set a new record of three and a half
years since holdings up to more than 470.Spot prices
rising constantly adjust the rhythm, tangshan billet prices successful
3400 yuan integer, finished product material gains of one hundred yuan
of above cities.Seal inventory parts and varieties appear even.Phase
but as prices soar again now, the demand of the market to adjust more
urgent, the risk also will increase, began on Thursday futures, spot
prices are no longer follow handan, wuan reaction sensitive areas take
the lead in a correction and variety, cut, dark down on leading ideas
for the operation of the Ann, futures on Thursday night disc opens the
diving, and a massive underweight, Friday's close thread underweight
more than 40.
