Weekly Review of Seamless Pipe Market (12.17-12.21)
The price of seamless pipe market is rising and falling this week, and the overall turnover of the market is not good. At the time of publication, Tianjin market quoted 5150 yuan/ton per day, up 100 yuan/ton from last week’s price; Beijing market quoted 4950 yuan/ton with the same specifications, down 50 yuan/ton from last week’s price; Cangzhou market quoted 4850 yuan/ton, down 50 yuan/ton from last week’s price; Taiyuan market quoted 4800 yuan yuan/ton, stable from last week’s price; Baotou market quoted 4950 yuan/ton from 219*7mm, stable price compared with last week.
Pipe factory: mainstream price of Linyi seamless pipe rose 50 yuan/ton on 21, now 57*3.5 Linyi (cold pipe) 4750, 108*4.5 Linyi 4450.
Raw materials: Shandong hot-rolled tube billet rose 30-50 yuan/ton on the 21st, resources were tight, and direct delivery of 75-130 steel plant included tax: Luli 3820 yuan/ton, Jiangxin 3800 yuan/ton, Tiangang 3850 yuan/ton.
Market aspect: This week, seamless pipe prices in North China market vary, trading performance is still flat. Influenced by the good news of environmental protection restriction on production, pipe blank prices have risen, Linyi Pipe Factory has also increased the ex-factory price, but traders in order to promote shipment, quotations are mostly stable. In the North China market, which is in the off-season of demand, under the pressure of high-price resources, market inquiries are more cold. Despite the decline in inventory, but constrained by the weak demand, most businesses are not willing to hoard goods. They are willing to maintain low inventory level and keep a cautious attitude towards the future market. In recent years, when it comes to winter storage, most businessmen are still watching carefully. At present, there is no enthusiasm for winter storage in the steel market. Ask whether the seamless pipe market in North China is “winter storage”? Business feedback: “It’s too early, the time is not yet.” Generally speaking, it is expected that the North China seamless pipe market will fluctuate narrowly in the near future.