According to the latest statistics data show that May housing starts 183.91 million square meters, one-month fell 4.6%, decline slightly slow down the trend has not changed, the domestic real estate market is still relatively weak. In addition, despite the release of positive factors of macro-policy, particularly the 8th Bank 3.5 years to cut lending rates for the first time, but traders financial pressure has not been effectively alleviated. Coupled with the adverse weather conditions such as temperature, rainfall, as well as the harvesting season migrant drag and slow the site construction progress, a series of negative factors leading to Terminal downturn trend of overall demand continued.
Ma On Shan, to dominate the market, for example, bearish sentiment a stronger local businessmen, downstream on-demand procurement actions more carefully, so the recent boost from futures and financial factors, hung upside down and the current spot market prices larger wishes delivery costs under the support of the business prices strong. In addition, some products out of stock, such as steel HRB335 ф 12mm, ф 16mm screw steel, HRB400 ф 12mm, ф 18mm, ф 20mm screw steel, screw, a small pull up individual businessmen, high wire, thread in early June average price rose 13 dollars in late May, respectively, $ 15/ton/tons.
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