Blog Detail

Analysis of market situation of 304 stainless steel pipe in 2020

First, pay attention to the impact of macro policies and changes in industrial policies. The domestic market price of 304 stainless steel tube, with the policy changes lead to market price turning as the main line, with the basic changes in supply and demand to determine the trend as the direction. Therefore, to pay special attention to macro policy, monetary policy, industrial policy changes, including 304 stainless steel pipe including the entire stainless steel market. Late in the second half of 2019 began to market the macro pessimistic expectations make commodity prices under pressure, but 9, 10 and 11 month some important leading indicator of macroeconomic data at home and abroad is bottoming out, still need to be in the first quarter of 2020 is the data continues to go well, and the spirit of the central economic work conference in December encouraging makes originally extremely pessimistic expectations change, economic stability in 2020 positive positive optimistic, represented by important industrial products, such as copper and black timber commodity futures prices bottomed out. In 2020, special attention should be paid to the changes in industrial policies. In 2019, the production capacity of 304 stainless steel pipe industry will increase substantially. In 2020, the 304 stainless steel pipe industry will control the overall tone of production capacity: based on the control of total emissions, the differential control of the wrong peak production mode, limit the production of enterprises with backward environmental protection level, protect the enthusiasm of advanced enterprises, promote the overall level of environmental protection, good blue sky to fight and consolidate the year. It is expected that relevant industrial policies will be introduced in the later stage, which will bring about changes in actual output due to the control of the capacity and output of 304 stainless steel tubes.

Second, pay attention to the 304 stainless steel pipe demand of the real estate industry and the national infrastructure project industry, 304 stainless steel pipe market demand. At present, the land reserve of the real estate industry still has a construction cycle of 2003 according to the development area in 2019.Therefore, in 2020, especially in the second half of the year, the commencement, construction process and capital turnover of real estate will affect the continuous strength of the demand for 304 stainless steel tubes. Funds are closely related to the progress of real estate and infrastructure construction. The implementation status of funds and related changes in monetary policies have a direct impact on the construction of real estate and infrastructure projects and affect the strength and weakness of market demand for 304 stainless steel tubes. In a sense, it is the capital that determines the height of the market price. The two main bodies of stainless steel welded pipe demand, real estate and infrastructure construction, their financial status is an important variable affecting the price change of 304 stainless steel pipe.

Attention to the current market changes, 304 stainless steel tube market trends. In recent years, 304 stainless steel tube futures market and the spot market more and more correlation degree, basically in most of the time presented a “rise with fall” trend. In 2020, due to the further expansion of the scale of the present fusion investment company, the present market will be more interactive and more direct, and the price fluctuation frequency and amplitude of 304 stainless steel tubes will be increased.

In particular, it should be noted that the pessimistic expectation in the early stage makes the futures disk and the spot price relatively large discount, resulting in the change of the spot fundamentals and the difference between the futures expectation in a certain period, resulting in the deviation from the current situation.This may be an obvious feature since the second half of the fourth quarter of 2019 and needs to be taken seriously.In a word, the effect of “future interaction” on the market of 304 stainless steel tubes in 2020 needs our attention.