The current domestic market there is so much pain, the businessman generally pessimistic attitude, the downstream users looking atmosphere, clinch a deal the whole performance cold and cheerless, pipe whole market were also more gloomy. So, what are the factors that lead the current tube price decline? How will the market dynamic late? Makes a brief analysis below.
The welded pipe fall significantly greater than the seamless tube
Since late April started, the comprehensive endorsement callback of the environment, pipe market could not possess, clinch a deal the overall weakness, the businessman could enthusiasm is low, the domestic price also raised, the current 1.5 inch * 3.25 welded pipe down more than the national average 100 yuan/ton, down more than 2.3%, while 108 * 4.5 seamless tube the national average fell 50 yuan/tons, down just 1.0%.
The current welded pipe fall significantly greater than the main reason of the seamless tube is to rise in the prices of welded tube or the first, this cycle is the actual makes the two varieties of return to the price reasonable level.
Production has been the high price down to the downside
From the national bureau of statistics to recent figures, April domestic seamless tube production for 2.355 million tons, an increase of 9.8%; The welded pipe production for 3.68 million tons, an increase of 11.3%.
2 this year-April domestic seamless tube and welded pipe production continued to be higher than those of the corresponding level, that makes the market resource supply pipe pressure increasing, and infrastructure and real estate industry is downstream performance slump in supply was significantly higher than the demand of incremental incremental, increasing the supply exceeds demand imbalances, the price low pressure natural inevitable.
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