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Inventory falls another 100 +! Demand release! Businessmen should not be greedy with their goods!

Big guys are looking forward to the stars and the moon. Finally, they are looking forward to Silver Four! However, in the case of very limited demand, but still to maintain the state of watching and cautious operation, at this moment really want to sit on the ground like the TV drama Su Daqiang shouting outrage! __________ Is this playing with me?!


Next, we return to the main topic. At present, influenced by the implementation of tax reform policy, businessmen have better expectations for the market. However, inventory is at a high level, downstream users can choose to increase, although taxes and fees are lowered, but the price difference has to be borne. In the short term, it is not good news for upstream traders. So besides the tax reform policy, what direction will April be? Xiaobian helps you analyze and analyze


Price Trends (High Recurrent Shocks, Businessmen Watch Cautiously)


From the figure above (with billet, strip and thread screw as examples), prices in March are in a volatile trend, the gap between the lowest and highest points is about 120, and the reflection of "Jinsan" really makes you unexpected. At the beginning of April, when the VAT policy was lowered, and after the end of the two sessions, the market price was boosted and the willingness of merchants to bid up was obvious. After experiencing the sharp rise and fall of the previous market, traders are obviously cautious in their operation and have a strong wait-and-see mood. At present, the market is gradually restoring rationality, the downstream pick-up speed has slowed down significantly, and in the current situation of low inventory pressure, merchants are not in a hurry to ship. Xiaobian predicts that the market will continue to oscillate at a high level in the later period.


Demand side (inventory digestion is still acceptable, good expectations for future stock)


From this weeks inventory notes, it is not difficult to find that compared with last weeks inventory reduction significantly increased, and the overall decline in building materials inventory faster, relatively slow plate, but the overall state of consumption, indicating that the "Silver Fourth" demand is still acceptable. In addition, the good news is that the VAT of manufacturing industry will be reduced from 16% to 13% from April 1, which will help reduce product prices and boost consumer demand for products. At present, the stock and capital pressures of steel mills are not great, and the price policy is willing to bid, so in the short run, the trade operation space is limited. However, as the weather warms up, downstream demand releases one after another, terminal procurement operations gradually increase, and both supply and demand are increasing, market prices are expected to usher in a small peak period.






Most of the big brothers in this years "Silver Fourth" steel market said they had a better expectation, but at the same time, they should be cautious about the increase of replenishment in late April due to the rapid price increase in the market, which led to the premature rational reversal of inventory inflection point. Generally speaking, merchants reflect that demand release follow-up is limited, downstream purchasing enthusiasm begins to weaken, market inventory has also increased slightly, and prices have a slight loosening trend. Therefore, for the coming April, the editors believe that prices may return to some extent, accompanied by the tax reform policy landing, we should pay more attention to demand performance. It is suggested that merchants should not be greedy to get goods in proper quantity.


Address: No. 2541, 4th floor, Waicheng Business Building, 308 Chengshousi Road, South Fourth Ring, Xiaohongmen Township, Chaoyang District, Beijing: 100018
Tel: 008615133913325 email: peter@chnnature.cn