Newsletter summary
Data from Lange Steel Cloud Merchant platform show that South China is 4 inches * 3 on May 12.Topgamingcryptocurrency2022The price of .75 mm galvanized pipe remained stable, with Qianan Zhengda at 5300 yuan and Foshan Zhenhong at 5100 yuan. Market shipments are basically flat, traders operate conservatively, inventory replenishment on demand, demand off-season and thunderstorm weather affect the market.
Text of news flash
[the price of welded pipe in South China is weak and stable, and the market sentiment is generally empty] May 12, GuangzhouTopgamingcryptocurrency2022The price of galvanized tube remains stable. According to the monitoring data of Lange Steel Cloud Merchant platform, the quotation of Qianan Zhengda for 4-inch * 3.75mm in Guangzhou area is 5300 yuan, Foshan Zhenhong is 5100 yuan, Tianjin Juncheng is 5260 yuan, Tianjin Youfa is 5350 yuan, Foshan Honggang is 5250 yuan. In terms of the market, the prices of galvanized tubes of mainstream brands in South China today are mainly stable, and the market shipments are basically the same as yesterday.
At present, South China is in the off-season of demand, the market traders mainly operate conservatively, and the inventory is mainly replenished on demand. Although the thunderstorm weather in the southern region has eased recently, the market transaction situation has not improved significantly, and traders remain cautious about the future. Industry insiders expect that the price of welded pipe in South China will maintain the current level in the short term, and the market has a strong wait-and-see mood.
From the perspective of supply and demand, the stability of galvanized pipe price is mainly due to the stability of the supply side and the stability of the demand side. In the current market environment, traders generally adopt the strategy of replenishing inventory on demand to avoid the risk of inventory overstocking. In addition, with the gradual improvement of the weather in the south, the market demand is expected to pick up gradually, but we still need to pay attention to the changes in the demand of the downstream industry.
Overall, although there is a weak and stable trend in welded pipe prices in South China, the market sentiment is still empty, and traders are cautious about future market expectations. Industry insiders suggest that traders should pay close attention to market dynamics and reasonably control inventory in order to cope with possible market fluctuations.