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Current location: Precision pipe factory > Price of precision tube >
The fundamental support function of precision tube is optimistic
The fundamental support function of precision tube is optimistic
Source: youtube2d.com Release date: 2021 / 5 / 19 9:14:47 Number of hits:

The fundamental support role of precision tube is optimistic, and the resistance of price rise of precision tube is more reflected in the downstream steel rolling link. In terms of the current market trading sentiment and the trade mode of precision tube, in the short term Precision tube There is the possibility of price fluctuation weakening adjustment.

In the morning, the precision tube continued to open low, and the construction steel prices in most areas of China fell significantly in the morning. From the perspective of market transactions, due to the poor overall trading performance, resources continue to be low, speculative demand is reduced, terminal procurement on demand, transaction enthusiasm has been weakened, and business mentality is low.

In the early morning, the spot market quotation fell slightly. After the fall, the market transaction was weak, and the price continued to fall in the afternoon. After the fall, it was still difficult to make a deal. The speculative demand in the market also began to wait and see, and the sentiment was obviously weakened. The overall market of bulk commodities has been retreating recently, which has obviously cooled down compared with the previous enthusiasm, but the fundamentals have not changed significantly.

Affected by the weakening of black futures shocks, as well as the general impact of falling sentiment, the overall precision tube price continued to callback. According to the feedback of merchants, the prices continued to fall sharply today, and the transaction was average, and some traders made replenishment at low prices, while merchants in some markets mostly dropped the shipment secretly and cashed in advance. In terms of the downstream, the downstream mainly purchases on demand.

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