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The lead market or a narrow consolidation run
2022-07-14

Some businesses are mostly preparing to leave the market next week, and their willingness to adjust prices has also weakened, and the lead market may run in a narrow range. This week, the mid-board market fluctuated and consolidated, and most of the regions started to run smoothly after changing the previous situation of overcast and falling. Specifically, the East China, North China, and Central China regions showed steady fluctuations. The main reason was that as the end of the year approached, the number of steel mills stopped production and maintenance increased, and the unit price of some steel mills also stabilized. In addition, the market price fell to a low level in the early stage. According to the operation method, the overall inventory pressure in the market is not large, and some specifications are in short supply, which forms a certain support for the market price. Therefore, the merchants adjust the price according to their own conditions, and the fluctuation range is about 50-80 yuan / ton; while the price in South China remains the same The weak decline is mainly due to the slight increase in local inventories and the majority of low-level resources. Although the local steel mills have fewer resources, the price is relatively high. In addition, the downstream downturn is difficult to change, and the price is difficult to run strongly.

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