Rebar futures plunged Powei, traders bearish ratio increased significantly, lower prices very common to take the goods, but the desire is significantly less than market transactions. The Shanghai market is one of the typical one, starting from yesterday afternoon, the Shanghai market bargain sell-off intensified fight price dispute is intensified. In the face of flagging demand for the downstream, the overall pessimism diffuse market, traders bearish predominate.
Beijing Building Materials market today continue deep down, further down in the market, the extremely fragile state of mind, the steel trading business, hesitating still choose low-cost shipping. Today's market two threads cash low price has fallen to 3830 yuan / ton from 3,800 yuan / ton only 30 yuan / ton; three large threaded low-cost dropped to 3950 yuan / ton, below the 3900 yuan / t is not possible, the panic has spread.
Comparable with the Beijing market trends today Tianjin market prices to accelerate the decline to the bottom, increase and decline in some of the specifications. Businesses unable to change the status quo, the state of mind numb, basically select the "drift" part of the business add up to "throttle" to accelerate shipments.
At the same time, Guangzhou building materials continue to decline, mainly in the wire with the resources of private small factories. With the increase in the arrival of northern resources, local northern resource prices decline significantly smaller decline of local resources, local wire none other benefits space, quote showing the trend of confusion fell.
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