China steel net analysts believe that the September and October this year, the steel market may usher in a rebound of the inflection point. Because "the policy after two or three months of fermentation, will play out of power. In addition, gold, nine silver and 10 outdoor construction season itself is the peak season of demand for steel. These two factors intertwined, the rebound in the steel city."
Shanghai Futures: rebar is expected to the short side the situation will remain.
Rebar futures the main 1301 contract today to continue to record annual lows, but the long and short sides to compete in the 3850 near futures price is deemed to support the days of weak to maintain stability. Overall, the 1301 contract of short-term rebar weak die hard, the short side today should continue to drastically increase the position of over 10,000 hand, crude steel production of the number of futures price structure will continue to grow larger pressure situation will be the expected short side maintained.
Minmetals Futures: iron ore, to accelerate the decline thread decline is hard to change
Macro side is relatively calm, credit peatlands have some positive news on the market, but overall the macro side is not better, spot trade is still low-priced dumped goods, iron ore sharply lower, the rb1301 intraday still continued to bear ideas, empty single holding stop 3950.
Germany futures: stabilized thread or shock to adjust to new lows after
Shocks to adjust the 1301 contract yesterday intraday lows rebounded after 3843, 3875 first-line pressure, the shock down. The futures price for two consecutive days for the 3850 first-line regained the line of support is temporarily effective, and the good of the U.S. real estate data to boost market confidence, or to continue to rebound, but the stock market downturn, iron ore prices vulnerable fall of price rebound. Operation suggested that the empty single-relying on the 3900 first-line continues to hold.
Galaxy Futures: short-term thread or will continue to remain weak hit new lows.
While bank credit has improved, but transferred to the thread needs take time, also remains to be seen, industry supply and demand temporarily in the short term there will be any change, to accelerate the decline of the cost of depression and spot thread unspeakable optimistic about the short-term internal thread or will continue to maintain the trend of the vulnerable hit new lows.
GF Futures: iron ore prices continue to hold with down the thread empty single.
Recent supply and demand of steel is still weak: on the one hand, the early introduction of stable growth measures did not significantly boost demand for steel, steel consumption growth will be less than in previous years, and in the consumer off-season in July and August, is not optimistic short-term needs; the other hand, crude steel production continued to increase steel prices vulnerable to some steel mills to take the cut, but the national crude steel production has not decreased, the steel supply is still at a high level status. Recently, spot prices of steel and iron ore prices are positive with the fall, to add new momentum to the downside of the Shanghai Steel, late Shanghai steel or continue to vulnerable downstream. Operation on an empty single-continue to hold RB1301 support moved to 3800. Once the massive stimulus policies introduced, consideration should be given more than flip.
Galaxy Futures: short-term thread or trend will continue downward to hit new lows.
Industry supply and demand is still no change, cost the downward movement of stock prices, Yindie thread futures can hardly be optimistic about the short-term thread, or the trend will continue downward to hit new lows.
New era in futures: the former low exist or will support threaded short-term shock.
July, with the advent of hot weather, the status of the weak steelmarket demand is difficult to improve the long-term pre-empty list can continue to hold. Combined of price continued to fall, empty potential is hard to change, the weakness of the possibility of price shocks is expected shortly, it is recommended that pre-empty single continue to hold.
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