Recently, the price of 304 stainless steel water pipe is not warm and hot. It's almost stagnant. The concept stocks we bought are all locked up. When will the market get better?
Early in the morning, I logged in to the backstage and saw the news. I couldn't help crying and laughing. It seems that I have to write a popular science article for you.
Today, stainless steel futures are officially listed. In the past, the market influence of a single 304 stainless steel pipe market has become smaller:
Steel mills open higher prices, the greater the hope, the greater the disappointment; futures open lower prices, a good start to promote;
The spot is not up and down, and the market foundation for maintaining stability and pursuing profits is strong.
In terms of raw materials, nickel prices tracked down futures performance, with LME temporarily down by tens of dollars and Shanghai nickel down by more than 2000 yuan;
In the previous period, 304 stainless steel fell in an all-round way, but in February 2020, the contract rose and rebounded at any time, and the longer term, the lower the price
Wuxi's stainless steel electronic disk, 304 cold roll around 100 yuan down performance.
In terms of market quotation, 201 showed steady performance and 304 showed steady performance. Originally, we were expecting the price of futures to rise when they were listed. However, the market opened and fell sharply. Fortunately, it was only the contract performance in 2020. The market needs time to digest the hedging space of futures and spot.
Steel prices rise, futures fall, and spot prices stay the same. Stainless steel market has entered the carsick mode. We can see that steel prices rise, but we can't touch futures fall.
304 stainless steel pipe market is nothing more than bargaining, what price to sell, what price to buy, steel factory is just a seller, characteristics are like speculation;
Futures is just a tool for shearing wool. Only the direct supplier who provides you with spot goods every day is the most favorite. When you go up, you can not go up, but when you go down, you can go down quickly.
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